Search Results for: law firms
China court orders Samsung to pay $11.6 million to Huawei over patent case: local media
April 6th, 2017
A Chinese court has ordered Samsung Electronics‘s mainland subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies for patent infringement, the China firm’s first victory against Samsung on its legal challenges over intellectual property. Three units ...
Clyde & Co faces £50,000 fine after SDT ruling
April 4th, 2017
International firm Clyde & Co has been fined £50,000 and three of its partners fined £10,000 following a Solicitors Disciplinary Tribunal ruling that they breached money laundering and accountancy rules. The decision, published yesterday by the Solicitors Regulation Authority, ...
Withdrawal of suspension of CIF authorisation
April 4th, 2017
CySec has released a decision to withdraw the suspension of the authorization of the Cyprus Investment Firm Dragon Options Ltd, number 223/14. Dragon Options Ltd was among the four Cyprus Investment Firms that CySec on 31/03/2017 decided to suspend their ...
Withdrawal of suspension of CIF authorisation
April 4th, 2017
CySec has published a decision to withdraw the suspension of the authorization of the Cyprus Investment Firm TTCM Traders Trust Capital Markets Ltd, number 107/09. TTCM Traders Trust Capital Markets Ltd was among the four Cyprus Investment Firms that CySec ...
Breaking: CySec withdraw the suspension of the license of a Cyprus Investment Firm
April 3rd, 2017
CySec has just released a decision to withdraw the suspension of the authorization of the Cyprus Investment Firm Leadtrade Ltd, number 296/16. Leadtrade Ltd was among the four Cyprus Investment Firms that CySec on 31/03/2017 decided to suspend their licenses. ...
Uber faces court battle over VAT bill
April 1st, 2017
Tech giant Uber has been threatened with UK court action over its approach to VAT, which campaigners feel are taking the UK taxpayer for a ride. While firms providing transport services should charge the standard rate of VAT for ...
European banks stashing billions in tax havens
March 27th, 2017
Europe’s largest banks are draining public coffers by stashing billions of profits offshore. A 52-page report, by international aid agency Oxfam out on Monday (27 March), estimates €25 billion of banker money ended up in tax havens in 2015. ...
FSMA Belgium reports unauthorised Forex and Binary Options providers
March 24th, 2017
The Financial Services and Markets Authority (FSMA), a financial regulator of Belgium, has issued an announcement to warn investors and public against the activities of various providers of/intermediaries in binary options and Forex products, “recovery rooms” and “boiler rooms”, ...
Amazon Just Won a $1.5 Billion Tax Fight
March 24th, 2017
Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the U.S. Tax Court rejected a variety of ...
The Russian “Laundromat” exposed; how the complex money laundering scheme worked
March 23rd, 2017
Three years after the “Laundromat” was exposed as a criminal financial vehicle to move vast sums of money out of Russia, journalists now know how the complex scheme worked – including who ended up with the $20.8 billion and ...
