Search Results for: legal
In Court, Lawyer Calls E.C.B. Bond Plan ‘an Egregious Extension’ of Powers
October 14th, 2014
In legal news, Europe’s highest appeals court began hearing arguments on Tuesday morning on a suit that aims to block a European Central Bank bond-buying program that has never been deployed — but whose mere announcement two years ago ...
FATCA and the real cost of compliance
October 14th, 2014
Foreign account tax Compliance Act (FATCA) was introduced by the US government in the year 2010. The main focus of FATCA act is to reduce tax evasion by foreign finance institutions through offshore Accounts and shell companies. Apart from ...
AMF warns of the dangers of forex market trading for individual investors
October 13th, 2014
The AMF, France’s financial markets regulator, has begun an online publicity campaign to increase public awareness of the risks of trading in the forex market, following the growing number of complaints from investors and many advertisements for investors to trade ...
Revenue & Customs set to miss target for prosecution of tax evaders
October 13th, 2014
Tax authority set a target of 1,165 people a year by 2014/15, but analysis of the last tax year shows it prosecuted just 795. HM Revenue and Customs has fallen behind in its pursuit of criminal prosecutions for tax ...
Ireland Considers changes on Corporate Tax
October 13th, 2014
Multinational companies are bracing for their last serving of the “Double Irish.” Ireland is expected on Tuesday to announce changes to its tax code that could eventually close one of the world’s most famous corporate-tax loopholes, dubbed the Double ...
Agile’s Chairman placed under custody
October 13th, 2014
Agile Property Holdings Ltd. tumbled the most on record after its billionaire founder and chairman Chen Zhuolin was placed under the control of Chinese prosecutors and amid reports it assisted in money laundering in legal news. The stock plunged ...
IOSCO Consults on Principles regarding the Custody of CIS Assets
October 13th, 2014
The International Organization of Securities Commissions (IOSCO) has published a consultation report on Principles regarding the Custody of Collective Investment Schemes’ Assets. The report is aimed at gathering the views of investment managers, custodians, institutional investors and other interested ...
Central Bank of Ireland warning on Unauthorised Investment Firm
October 10th, 2014
The Central Bank of Ireland published the name of an unauthorised investment firm/investment business firm, namely GEN Equities (Ireland and Switzerland). GEN Equities (Ireland and Switzerland) is not authorised by the Central Bank as an investment firm, an investment business ...
Former Fed Chairman Bernanke takes stand in AIG bailout trial
October 10th, 2014
Former Federal Reserve Chairman Ben Bernanke took the stand on Thursday to defend the U.S. government’s bailout of American International Group (AIG.N) in 2008, describing how policymakers sought to avoid giving AIG shareholders a “windfall” through a rescue. Bernanke’s ...
Vertical Integration Group LLC, to Pay over $2.5 Million in Monetary Sanctions
October 9th, 2014
Federal Court Orders Florida Resident Richard Morello and His Florida Company, Vertical Integration Group LLC, to Pay over $2.5 Million in Monetary Sanctions for Engaging in Illegal, Off-Exchange Precious Metals Transactions Junior Alexis, Florida Resident and Vertical Integration Group, ...
