Search Results for: European law
Legal leaders join hands against client snooping
December 9th, 2014
Legal chiefs and academics today demanded new laws to stop police and security services from spying on meetings between lawyers and their clients. In a declaration to mark European Lawyers Day, the Law Society, the Bar Council and the ...
Draghi Says ECB Measures Could Include Buying Government Bonds
November 18th, 2014
Mario Draghi has explicitly cited government-bond buying as a policy tool officials could use to stimulate the economy should the outlook worsen. “Unconventional measures might entail the purchase of a variety of assets, one of which is sovereign bonds,” the ...
Draghi’s Buying Spree for the ECB Might Start Modestly
October 2nd, 2014
When Mario Draghi writes his first check to pay for asset purchases, he might not use much ink. While the European Central Bank president pledged to start a program this month to buy asset-backed securities and covered bonds, initial ...
Mario Draghi: ECB should Become More Active
September 23rd, 2014
Mario Draghi says he won’t sit back and wait for stimulus to reach the economy. The European Central Bank president said a planned asset-purchase program shows that policy makers will steer the size of the institution’s balance sheet to ...
Bulgarian Government Urged to Solve Banking Crisis
August 5th, 2014
Bulgaria is dealing with its worst banking crisis since the 1990’s as the European Union and international investors have issued warnings about the fate of one of the country’s largest banks. The Bulgarian government is struggling to find a ...
Research: Trends & Conclusions
July 23rd, 2014
The insolvency and restructuring business remains slow-moving thanks to the improving economy and low interest rates. Lawyers note increased competition and a fight for the limited work available. But this period may soon be at an end as the ...
Cypriot firm launches legal action against EU over ‘bail-in’
July 23rd, 2014
Cypriot firm Dr K Chrysostomides & Co has filed a lawsuit against the EU on behalf of 51 claimants seeking compensation for losses suffered when Cyprus agreed to a ‘bail-in’ on two Cypriot banks. The case, filed before the ...
ESMA: Short guide for retail investors
July 1st, 2014
The European Securities and Markets Authority (ESMA) has published a short guide for retail investors explaining the impact of the changes to be made in investor protection under the MiFID II reform. It highlights some of the most important ...
Microsoft fights U.S. search warrant for customer e-mails held in overseas server
June 11th, 2014
Microsoft, one of the world’s largest e-mail providers, is resisting a government search warrant to compel the firm to turn over customer data held in a server located overseas. In what could be a landmark case, the Redmond, Wash., ...
BNP Fine Puts Pressure on Hollande to Act
June 2nd, 2014
A potential $10 billion U.S. penalty against France’s largest bank BNP Paribas SA (BNP) for its alleged dealings with Iran and other sanctioned nations, is stirring outrage in the country. It is putting pressure on President Francois Hollande, who hosts ...