Search Results for: France
Prosecutors demand jail for ex-PwC’s accountants
May 12th, 2016
During the last hearings of the LuxLeaks trial, prosecutors have asked for a 18-month jail sentence for Antoine Deltour and Raphaël Halet, both ex-PwC accountants who blew the whistle over the accountancy firm’s role in brokering sweetheart tax deals ...
Panama Papers law firm to take legal action over leak
May 12th, 2016
The law firm at the center of the Panama Papers scandal says it is filing suit against the International Consortium of Investigative Journalists (ICIJ) for the leak of information it says is false. The public gained its first access ...
All five magic circle law firms named in new ‘Panama Papers’ database
May 11th, 2016
Top City firms named as a result of Mossack Fonseca leak and further investigations by press All five magic circle law firms have been named in an online database that reveals the identities of thousands of companies connected to the Panama ...
Lifting sanctions on Iran opens up business opportunities
May 9th, 2016
Economic sanctions have cost Iran an estimated $120 billion (€105 billion) since 2012, primarily in lost oil and gas revenues. That equates to about 30 per cent of the economy of the second-largest country in the Middle East after ...
Nearly half of Europeans are in favor of voting on their EU membership
May 9th, 2016
Almost 50 percent of voters in eight big EU countries are in favor of voting on their membership, a survey has found. The results come just weeks before the UK heads to the polls for their EU referendum. According ...
US tax havens – the new Switzerland
May 9th, 2016
America is a magnet for offshore wealth, notably South Dakota, which has guaranteed secrecy In an old discount store hugging a corner in downtown Sioux Falls, South Dakota, the heirs to the William Wrigley chewing gum fortune have an office for ...
EU’s highest court upholds new restrictive law on cigarettes
May 5th, 2016
The European Union’s highest court on Wednesday upheld a tough EU law that will standardise cigarette packs, ban menthol flavouring and restrict e-cigarette advertising, paving the way for its adoption this month and dealing a blow to Big Tobacco. ...
Kingdom of Bahrain Unveils New Tourism Identity
May 5th, 2016
– ‘Ours. Yours’ launched at the Arabian Travel Market – Six representative offices will be launched in the GCC The Kingdom of Bahrain launched today its new tourism identity under the slogan of ‘Ours. Yours’ in a step to ...
Convergex Expands European Presence
May 5th, 2016
Convergex has issued an announcement to inform that it has further expanded its European-based electronic sales team with the recent hiring of Leila Mayet and Jeanine Cerligione. Both Leila and Jeanine join Convergex as Vice-Presidents and will focus on ...
Why Europe Just Dropped the €500 Bill
May 5th, 2016
High-denomination currencies are falling out of favor. The European Central Bank announced on Wednesday it will phase out €500 notes. Depending on who you ask, the controversial move will either make life harder for money launderers and other criminals ...
