Search Results for: law
Fed Is Expected to Shift on Municipal Bonds
April 17th, 2015
In a change of heart, the Federal Reserve will allow big U.S. banks to use some municipal bonds to meet new rules aimed at ensuring they have enough cash during a financial-market meltdown, according to people familiar with the ...
Ernst & Young settles with N.Y. for $10 million over Lehman auditing
April 16th, 2015
Ernst & Young LLP will pay $10 million to settle a New York lawsuit accusing the accounting firm of helping Lehman Brothers Holdings Inc deceive investors in the years leading up to its 2008 collapse, the New York attorney ...
Clifford Chance advises on GF Securities (Hong Kong)’ IPO
April 15th, 2015
International law firm Clifford Chance has advised a group of 26 underwriters, led by GF Securities (Hong Kong), Goldman Sachs, Morgan Stanley, BOCOM International Securities, Deutsche Bank and Merrill Lynch on GF Securities’ HK$28 billion (US$3.5 billion) listing on ...
ACCA: The future of the CFO
April 15th, 2015
Volatility, technology and talent shape function, says new research from ACCA and IMA New research conducted by ACCA (the Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants) identifies five key influences shaping the future role ...
Europe to Pull Trigger on Google Antitrust Charges
April 15th, 2015
Case would be EU’s biggest competition battle since pursuit of Microsoft a decade ago Europe’s antitrust regulator plans to file formal charges against Google Inc.for violating antitrust laws, a person familiar with the matter said Tuesday, stepping up a five-year investigation ...
CySec: Granting trading benefits to clients
April 9th, 2015
Following Circular with number CI144-2014-02 in relation to the above subject, the Cyprus Securities and Exchange Commission (the “CySEC”) wishes to inform the Cyprus Investment Firms (‘CIFs’) about the following: It has been observed that CIFs are granting trading ...
Europe’s Plunging Borrowing Costs Mark Two New Milestones
April 8th, 2015
Switzerland is first with 10-year bond at negative yield as Mexico lines up 100-year euro bond Europe’s plunging borrowing costs marked two new milestones on Wednesday, with Switzerland becoming the first country ever to issue 10-year debt that gives ...
Russian Central Bank plans to move away from international ratings to Russian ones
April 8th, 2015
The Central Bank of Russia is going to gradually move away from international ratings to Russian ones, Chairperson Elvira Nabiullina at the Russian Bank Association conference. “We are thinking about gradually moving away from international ratings and developing our ...
BFSC: Warning against Alpha Broker Ltd
April 8th, 2015
The Bulgarian Financial Supervision Commission (FSC) warns the public that company ALPHA BROKING LTD is not licensed by the FSC and hence is not eligible to provide investment services and activities under the Markets in Financial Instruments Act as ...
China’s taxman is coming for Alibaba
April 8th, 2015
China stands to collect billions of dollars in taxes as Alibaba insiders unload shares held under lock-and-key since the tech firm’s record-breaking market debut last year. Two of the company’s “lock up” agreements have now expired, releasing an additional ...
