Search Results for: law
Vertical Integration Group LLC, to Pay over $2.5 Million in Monetary Sanctions
October 9th, 2014
Federal Court Orders Florida Resident Richard Morello and His Florida Company, Vertical Integration Group LLC, to Pay over $2.5 Million in Monetary Sanctions for Engaging in Illegal, Off-Exchange Precious Metals Transactions Junior Alexis, Florida Resident and Vertical Integration Group, ...
CNPC Anti-Corruption Head Said to Be Detained for Investigation
October 9th, 2014
China National Petroleum Corp.’s executive in charge of rooting out graft has been detained by authorities, according to two officials at the country’s biggest oil and gas producer. Wang Lixin, the head of the discipline and inspection department at ...
CySec warns on unauthorised firm
October 9th, 2014
The Cyprus Securities and Exchange Commission (CySec) has issued a warning to inform the investors that ‘LARNACA FİNANS LTD’ (http://www.gkfx.com/LARNACA): 1. Is not permitted to provide investment and ancillary services in the Republic, pursuant to Investment Services and Activities ...
SFO in court for Alstom bribery case
October 9th, 2014
The Serious Fraud Office (SFO) has enlisted Three Raymond Buildings’ Simon Farrell QC and Rachel Scott for its court case against French train giant Alstom, which it accused of paying around $8m (£5m) in bribes to officials over a ...
Approval of the modified market rules
October 8th, 2014
The Financial Services and Markets Authority (FSMA) has announced that the modified market rules of the regulated markets organized by Euronext NV/SA (namely Euronext Brussels and the Euronext Brussels Derivative Instruments Market) were approved on 22 September 2014 in ...
HSBC boss Alan Thomson quits and bankers mutiny over jail threat
October 8th, 2014
Top bankers are quitting the industry in protest at new rules which mean senior staff in failed banks could face jail unless they prove themselves innocent, with one HSBC boss leaving and another threatening to go yesterday. Their actions ...
Twitter sues U.S. Government over user’s data reporting
October 8th, 2014
The social media giant wants to loosen restrictions on what it is allowed to tell users about government information requests. Twitter filed a lawsuit against the United States government on Tuesday, seeking to ease restrictions on public disclosures of ...
The Contribution of an Investment Adviser
October 7th, 2014
Investing in the Stock Market is essentially a daily war which includes attack and defence, risk and fear, victories and triumphs, disappointments and losses. As mentioned in the famous book The Art of War, by Sun Tzu, every battle ...
HMRC hails VAT ruling against university
October 7th, 2014
HMRC has welcomed the Upper Tribunal’s decision that a university’s leaseback arrangement should be ignored for VAT purposes. The Upper Tribunal allowed HMRC’s appeal against a First-tier Tribunal decision that a leasing scheme did not constitute an “abuse of ...
Libya’s Sovereign Fund and Goldman Sachs Clash in Court
October 7th, 2014
A witness in a lawsuit against Goldman Sachs brought by the Libyan Investment Authority says she was stunned by a lack of due diligence in $1.2 billion in trades designed by Goldman. When Catherine McDougall, a lawyer from Allen ...
