Search Results for: law
Russia may ban circulation of US dollar
November 6th, 2014
Russia may ban the circulation of the United States dollar. The State Duma has already been submitted a relevant bill banning and terminating the circulation of USD in Russia, APA’s Moscow correspondent reports. If the bill is approved, Russian ...
MPs urged to back readoption of European arrest warrant
November 6th, 2014
Britain risks becoming a haven for fugitives if MPs fail to endorse the country’s participation in the European arrest warrant (EAW) in a forthcoming parliamentary vote, leading legal, law enforcement and academic figures have warned. The EAW is one ...
Petrobras Official Takes Leave in Possible PwC Resolution
November 5th, 2014
A senior Petroleo Brasileiro SA (PETR4) executive cited in a corruption investigation took a leave of absence, clearing the way for the company to report earnings and debate a fuel-price increase. Sergio Machado, head of the state-run oil producer’s transport unit ...
British Banks May Face Probe of Checking Accounts, Loans
November 5th, 2014
U.K. antitrust regulators said they may open an investigation into checking accounts and banking services for small- and medium-sized businesses. The Competition and Markets Authority will issue a decision on starting a full probe into banking for small firms ...
Investors eye opportunities as Republicans take U.S. Senate
November 5th, 2014
The Republican takeover of the U.S. Senate on Tuesday could lead to new legislative measures that directly affect the energy sector and other slices of the equities market. Republican Senate candidates picked up formerly Democratic seats in Iowa, North ...
U.S. Sues Southwest to Recover Civil Penalty Tied to Aircraft Maintenance
November 5th, 2014
Typically Airlines, FAA Negotiate to Reduce Penalties, But Sides Couldn’t Agree in This Case The Justice Department sued Southwest Airlines Co. in an effort to recover a $12 million civil penalty proposed by aviation regulators in July related to allegations of ...
AMF publishes draft recommendation on quarterly and interim financial disclosure
November 5th, 2014
In anticipation of the transposition of the revised Transparency Directive into national law, the AMF is publishing a draft recommendation to accompany the abolition in 2015 of the obligation to produce quarterly financial information. The revised Transparency Directive (2013/50/EU) ...
FMA: New regulations approved to deliver a new era in financial markets
November 5th, 2014
The Financial Markets Authority (FMA) welcomes today’s announcement from Commerce and Consumer Affairs Minister Paul Goldsmith, confirming the approval of the phase two regulations of the Financial Markets Conduct Act. The regulations come into effect on 1 December 2014. ...
BHP to test U.S. oil export ban by selling without formal ruling
November 5th, 2014
BHP Billiton Ltd is set to be the first company to export lightly processed ultra-light U.S. oil without explicit permission from the government, further testing the limits of an increasingly contentious ban on foreign sales. Eight months after two ...
SAC’s Martoma wins delay of nine-year insider trading prison term
November 5th, 2014
Mathew Martoma, a former portfolio manager at billionaire Steven A. Cohen’s SAC Capital Advisors LP hedge fund, won an order Tuesday to delay the date he would begin serving a nine-year prison term for insider trading. The 2nd U.S. ...
