Search Results for: law
Cities Compete to Be the Arena for Global Legal Disputes
September 12th, 2014
The 48-mile Panama Canal expansion is an engineering marvel that promises to speed up international commerce and may be a boon for global ports. It is also one that involves lots of disputes over cost overruns and construction delays, ...
CBC fines Alpha Bank Cyprus Ltd
September 11th, 2014
The Central Bank of Cyprus (CBC) has decided the imposition of fine amounting to €89.000 against Alpha Bank Cyprus Ltd for failing to comply with specific Laws and Directives. The Central Bank of Cyprus (CBC), within the remit of exercising its ...
Top Scottish firm shifts cash to English banks ahead of referendum
September 11th, 2014
A leading Scottish firm with offices north and south of the border has shifted its cash out of Scottish banks for fear that a vote in favour of independence could lead to a run on them. With just over ...
New EU Commissioner for Justice, Consumers and Gender Equality
September 10th, 2014
Jean-Claude JUNCKER, the President-elect of the European Commission has allocated Věra Jourová, a lawyer and politician from the Czech Republic, the Justice, Consumers and Gender Equality portfolio in the new European Commission. If approved by the European Parliament, she ...
CySec imposes administrative fine of €18.000
September 10th, 2014
The Cyprus Securities and Exchange Commission informs the investors that decided to impose the administrative fine of €18.000 in total against Cyprus Investment firm “Regency Asset Management (Cyprus) Ltd” for breaching the Prevention and Suppression of Money Laundering and ...
CySec imposes administrative fine of €10.000
September 10th, 2014
The Cyprus Securities and Exchange Commission informs the investors that decided to impose the administrative fine of €10.000 in total against Cyprus Investment firm “SIB (Cyprus) Ltd” for breaching the Prevention and Suppression of Money Laundering and Terrorist Financing ...
U.S. Charges Belize Agents Linked to Cynk’s Stock Surge
September 10th, 2014
Two men working out of the same Belize building as the penny-stock company Cynk Technology Corp. (CYNK), which surged to a market value of more than $6 billion for an hour in July, were among six people accused by ...
GSK China consumer healthcare unit linked to DOJ probe in 2012
September 9th, 2014
A U.S. anti-bribery probe into GlaxoSmithKline Plc (GSK.L) touched on the firm’s Chinese consumer healthcare business in 2012, internal documents show, suggesting the drugmaker’s compliance problems in China could go wider than previously revealed. GSK confirmed it had conducted ...
The Reasons Bankers Weren’t Busted
September 9th, 2014
“There Were No Convictions of Bankers for Good Reason” is the headline of a post by Mark F. Pomerantz, a lawyer and retired partner at Paul, Weiss, Rifkind, Wharton & Garrison in the New York Times’s Room for Debate ...
BVI Receives 2014 Offshore Estate Planning Gong
September 9th, 2014
The British Virgin Islands has been awarded the 2014 Offshore Excellence Award in Estate Planning by publishers Acquisition International. Receiving the award on behalf of the territory, Executive Director of the BVI International Financial Center, Sylvia Moses, said the ...
