Search Results for: legal
Audi fined 800 million euros; What prosecutors said
October 17th, 2018
German law enforcement authorities added another chapter to Volkswagen’s diesel scandal Tuesday by fining the company’s luxury division Audi 800 million euros ($925 million) for selling cars rigged to cheat on emissions tests. Prosecutors in Munich said Tuesday that ...
Suspects arrested in international action against large-scale VAT fraud
October 15th, 2018
During a joint action day in seven EU Member States, an international organised crime group was tackled, involved in large-scale VAT fraud with a damage of more than EUR 20 million, related to sales of second-hand vehicles. At the ...
Emergency action filed against a Swiss-based company for microcap fraud scheme
October 9th, 2018
The Securities and Exchange Commission has filed an emergency action and obtained an asset freeze against two individuals and their companies in a scheme that generated more than $165 million of illegal sales of stock in at least 50 ...
The Association of Corporate Counsel Europe elects new president
October 5th, 2018
The Association of Corporate Counsel Europe (ACC Europe), serving over 2500 lawyers practicing in corporations and other organizations throughout Europe, has announced Hans Albers, chief of staff legal and associate general counsel, Juniper Networks, has been elected president of the ...
Cybersecurity to the top of the agenda for law firms
October 3rd, 2018
Defending against cyberattacks has overtaken artificial intelligence as the main technology issue for law firms, and over half of the top law firms are investing in systems changes over the next two years according to the report. Top priority ...
CySEC announced that Kit Finance Brokers Ltd is authorised as a Cyprus Investment Firm
October 2nd, 2018
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that a new company has been approved by the Commission as Cyprus Investment Firm (CIF). According the announcement, the firm ...
GP Global announces the calendar of Continuous Professional Training Courses for 2018
September 28th, 2018
G.P. GLOBAL LTD, a company that is specialised in offering services, training and seminars to CIFs since 2002, has issued an announcement to inform about the organisation of Continuous Professional Training Courses for 2018. In accordance the announcement, the ...
Individuals and entities charged in global retail binary options fraud
September 28th, 2018
The Commodity Futures Trading Commission (CFTC) announced that it filed two complaints in federal district courts in Florida against four individuals and three entities and issued seven administrative Orders filing and simultaneously settling charges against seven individuals and two ...
European Commission released VAT Gap Frequently asked questions
September 27th, 2018
The European Commission has published a Fact Sheet with Frequently asked questions about the VAT Gap, that refers to the overall difference between the expected VAT revenue and the amount actually collected. VAT Gap: Frequently asked questions What is VAT? ...
Is money-laundering scandal at Danske Bank the largest in history?
September 27th, 2018
The Russian-speaking caller refused to give a name but the threat was explicit: “Do you really feel you can walk home safely at night?” It was 2013 and officers at the Estonian branch of Danske Bank were beginning to ...
