Search Results for: legal
EU ordered Luxembourg to collect around €250 million from Amazon
October 5th, 2017
The European Commission has issued a press release to inform on its conclusion that Luxembourg granted undue tax benefits to Amazon of around €250 million. According the press release, Commission finds Luxembourg gave illegal tax benefits to Amazon worth ...
Bitcoin could hit $6,000 by year-end, experts said
October 4th, 2017
Bitcoin could rally nearly 40 percent to hit $6,000 before the end of the year but investors should brace for more volatility, according to industry experts. The cryptocurrency was trading around $4,333 on Tuesday. The third quarter has been ...
Japan Approves 11 Bitcoin Exchanges In Regulatory Framework
October 3rd, 2017
Japan’s Financial Services Agency (FSA) has granted regulatory approval to 11 domestic virtual currency exchanges, making them the first to be allowed to operate under the country’s new financial services regulations. The list of companies includes bitFlyer, QUOINE, Bit ...
International law firm continues global expansion with Bangkok and Paris office openings
October 3rd, 2017
According an announcement released yesterday, the opening of new offices in Thailand and France strengthened global footprint and insurance practice for the International law firm Kennedys Law LLP. Kennedys released: Suraphon Rittipongchusit, formerly a senior partner in the insurance ...
Why the Euro is in negative picture
October 3rd, 2017
The euro doesn’t look like an attractive option in the short-term given political uncertainty in regions like northeastern Spain, currency strategists told CNBC Monday. Catalonia’s separatist calls add to a negative picture for the euro, traders say The euro-dollar ...
Canadian Securities Regulators Announce Ban On Binary Options
September 29th, 2017
The Canadian Securities Administrators (CSA) announce the implementation of Multilateral Instrument 91-102 Prohibition of Binary Options, which makes it illegal to advertise, offer, sell or otherwise trade binary options shorter than 30 days with any individual. “Binary options are ...
Big Four accountancy firms gain ground on law firms
September 28th, 2017
The accountancy firms are gaining ground on law firms and could reshape the marketplace, new research from American Lawyer reveals. With over two in three law firm leaders regarding the legal arms of the Big Four as a major ...
Stock Market Analyst charged with insider trading
September 27th, 2017
The Securities and Exchange Commission charged a stock market analyst with insider trading prior to the publication of research reports and articles he authored with the false disclaimer that he wasn’t trading in the companies being covered. He agreed ...
Citibank and Citigroup Global Markets Limited to pay hundreds of thousands dollars penalty
September 26th, 2017
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Citibank, N.A. (CBNA) and Citigroup Global Markets Limited (CGML) (collectively, Citi), for failing to report Legal Entity Identifier (LEI) information for swap transactions properly ...
CySec announced the authorisation of two new Cyprus Investment Firms
September 26th, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued today announcements to inform that two new firms have been approved by the Commission as Cyprus Investment Firms. According the announcement, the firms ArgusFX Ltd and ...
