Search Results for: legal
Argentina Tests U.S. Court Order by Posting Interest Payment
June 27th, 2014
Argentina is challenging U.S. Courts to enforce a ruling that will block $539 million of an interest payment and trigger a new bond default. Economy Minister Axel Kicillof said the South American nation complied with its foreign debt obligations ...
Supreme Court enshrines privacy of smartphones
June 26th, 2014
US police must obtain a warrant to search a suspect’s smartphone after the Supreme Court ruled on Wednesday that constitutional privacy protections apply to the often extensive data people keep on the devices in their pockets. In a unanimous ...
Small business bill: HMRC to share VAT data with credit agencies
June 26th, 2014
Under the guise of increasing access to finance, the government brought forward proposals to make VAT registration data available to third parties in the Small Business, Enterprise and Employment Bill published yesterday. As previewed in the Queen’s speech, the ...
How High a Deductible Should Your Company Take?
June 25th, 2014
Deciding the right level of a company’s insurance deductibles depends largely on the organization’s risk appetite and its financial strength — definitely territory for the CFO. Risk appetite and financial strength must be considered when companies pit which risks ...
EU Bans Imports from Russia-Annexed Crimea
June 25th, 2014
The European Union has banned imports from Crimea, the Ukrainian area annexed by Russia, saying it would never recognise Russia’s illegal military intervention in Ukraine. The Council of European Union (EU) decided in a meeting of 28 EU foreign ...
CySec: acquisition of Administrative Services Providers (ASP) licence
June 24th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that “Waidelotte Directors Limited” has successfully obtained the CySec licence to operate as Administrative Services Provider (ASP). Therefore, it is now authorised to operate legally ...
Don’t Shortchange Short Sellers
June 24th, 2014
More finance journalists and industry people should go to academic conferences. There is a lot of good stuff to learn. Case in point: I recently attended the Western Finance Association’s annual meeting in Monterey, California, and saw several papers ...
SEC Charges Hedge Fund Advisory Firm
June 24th, 2014
The U.S. Securities and Exchange Commission has charged a West Palm Beach, Fla.-based hedge fund advisory firm and its founder with fraudulently shifting money from one investment to another without informing investors. The firm’s founder and another individual later ...
CySec: acquisition of Administrative Services Providers (ASP) licence
June 23rd, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that “CST Trustees Limited” has successfully obtained the CySec licence to operate as Administrative Services Provider (ASP). Therefore, it is now authorised to operate legally under ...
The Case of the Missing White-Collar Criminal
June 23rd, 2014
The senior executives who played leading roles in the 2008 financial crisis can breathe a sigh of relief: If any committed crimes, the statute of limitations will run out for most of them this year. It’s safe to say ...
