Search Results for: law
Sarao Loses Bail Appeal as Judge Says He Is a ‘Flight Risk’
May 20th, 2015
Navinder Singh Sarao lost a bid to secure bail while he fights extradition to the U.S. on market-manipulation charges as a judge said the 36-year-old trader was a clear flight risk. Judge Ross Cranston refused to remove or reduce ...
CySec imposes administrative fine of €8.000 to a CIF
May 20th, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €8.000 to Reliantco Investments Ltd for the infringement of the Law which provides for the provision of Investment services, the exercise ...
Russian regulator acting ‘adequately’ as economy stabilizes – IMF
May 20th, 2015
The Central Bank of Russia is taking effective steps to stabilize the national currency and the economic situation as a whole, according to the Deputy Managing Director of the International Monetary Fund (IMF) Min Zhu. “I think the Russian ...
Yahoo shares fall on worries of possible U.S. tax change on spinoffs
May 20th, 2015
Yahoo Inc (YHOO.O) shares fell 7.6 percent on Tuesday on concerns that a possible change in U.S. tax regulations would affect Yahoo’s planned spinoff of its stake in Alibaba Group Holding Ltd (BABA.N). The change – discussed by a ...
UBS to Plead Guilty on Libor, Fined by Fed in Currency Probe
May 20th, 2015
UBS Group AG said its main unit will plead guilty to fraud in the U.S. for manipulating benchmark interest rates and pay $203 million in fresh fines after the Swiss bank violated an agreement that had allowed it to ...
Apple Gets Partial Win on Appeal in Samsung Patent Case
May 19th, 2015
Apple Inc was handed a mixed ruling by a U.S. appeals court in the latest twist in a blockbuster intellectual property battle with Samsung Electronics Co Ltd, as a prior patent infringement verdict was upheld but a trademark finding ...
New York Weighs Jurisdictional Rule for Foreign Firms
May 18th, 2015
Some lawyers say bill is at odds with recent U.S. Supreme Court ruling New York lawmakers are weighing a bill to make foreign companies submit to the jurisdiction of New York courts as a condition of doing business in ...
Corporate Counsel Middle East Awards: Winners 2015
May 18th, 2015
Corporate Counsel Middle East Awards have firmly established themselves as a highlight of the region’s legal calendar. The awards, which are now in their fourth year, celebrate legal excellence in the Middle East and are open to in-house legal ...
ACCA and ISCA collaborate to develop talent pipeline for the accountancy sector
May 18th, 2015
The Association of Chartered Certified Accountants (ACCA) and the Institute of Singapore Chartered Accountants (ISCA) have signed a Partnership Agreement that will strengthen the talent pipeline for the accountancy sector in Singapore. This is in anticipation of the sector’s ...
Dollar pushes higher but near lows after downbeat U.S. data
May 18th, 2015
* Output, consumer confidence data back bets that Fed will wait * IMM data show speculators continued to trim long dollar bets * DXY vulnerable to further near-term correction-strategist * Kiwi skids after tax news raises rate-cut speculation The ...
