Oil drops as U.S. drilling growth
March 21st, 2017
U.S. shale producers boost rig count for ninth straight week Libya’s Es Sider, Ras Lanuf oil ports poised to resume shiping Oil fell as a Libyan port is set to resume shipments and the U.S. drilling revival undermines the ...
Thomson Reuters completes Clarient and Avox acquisitions
March 20th, 2017
Acquisitions strengthen Thomson Reuters relationship with DTCC, Barclays, Credit Suisse, Goldman Sachs, J.P. Morgan, State Street and other clients for compliance solutions that enable them and their customers to conduct global business. Thomson Reuters has completed its acquisitions of ...
Legal Advisor
March 20th, 2017
The Legal Advisor will join our Legal Department and assist the Head of Legal in daily duties & responsibilities. To advise the Chief Executive, Directors, Heads and other staff on the Cyprus, EU and International legislation and other rules ...
CySec suspends the license of a Cyprus Investment Firm
March 20th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public that the authorisation of the Cyprus Investment Firm Boursotrade Ltd (‘the Company’), number 235/14, is suspended, pursuant to section 26(2) of the Investment Services ...
PwC’s Takeover of ‘The World’s Best Tax Law Firm’
March 17th, 2017
In a move that illustrates how the professional services market is changing, about half of General Electric’s tax department — once described as as ‘the world’s best tax law firm’ — is moving to PwC in April. Under the deal, about ...
Oil prices mark time, set for small weekly rise
March 17th, 2017
Oil prices were little changed in early Asian trade on Friday as the market looked for clues on how effectively OPEC production cuts are working to absorb a global supply overhang. Brent crude was up 5 cents, or 0.1 ...
ThinkMarkets Implements PayPal for Global Payments Coverage
March 16th, 2017
ThinkMarkets, a leading provider of forex and CFD trading has enhanced its payment offering with the launch of PayPal. The new payment solution enables ThinkMarkets’ global user-base to deposit and withdraw funds through PayPal’s international network. With the addition ...
Mergers faced greater scrutiny in 2016, magic circle firm reports
March 16th, 2017
Magic circle firm Clifford Chance has said it is becoming increasingly difficult to push through mergers in concentrated markets where there are few big players, particularly in the EU. The firm said that jurisdictions, including the EU, are claiming ...
CySec informs on offering bonuses to retail investors
March 16th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to provide additional guidance on the types of bonus incentives not permissible to be offered to retail clients by Cyprus Investment Firms (CIFs). This current Circular is following ...
SFC reprimands and fines DBS Vickers (Hong Kong) Limited $2 million
March 16th, 2017
The Securities and Futures Commission (SFC) has reprimanded DBS Vickers (Hong Kong) Limited (DBSVHK) and fined it $2 million for regulatory breaches and internal control failings relating to under-segregation of client money (Note 1). The disciplinary action follows an ...
