Search Results for: legal
Ethereum Traders File Class Action Lawsuit Over Kraken Flash Crash
July 6th, 2017
A class-action lawsuit has been filed against cryptocurrency exchange startup Kraken over issues stemming from its management of a May flash crash. Less than two months later, five customers of the exchange are alleging negligence, breach of contract and ...
Nokia and Xiaomi sign patent deal
July 6th, 2017
Nokia and Xiaomi sign patent deal and agree to ‘explore’ areas like VR and A.I. Nokia and Xiaomi signed a cross-licensing patent deal on Wednesday focused around the data center. Both companies will “explore opportunities” in areas such as ...
Multinational law firm has further grown its European offering
July 4th, 2017
Fieldfisher, a multinational law firm headquartered in London, United Kingdom has issued an announcement to inform that has further grown its European offering with an office in Bologna, Italy. According the announcement: Fieldfisher continues meteoric growth with latest office ...
CySec released that a new Cyprus Investment Firm got the CIF license
July 4th, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that a new firm has been approved by the Commission as a Cyprus Investment Firm. According the announcement the firm ...
DV Trading ordered to pay a $5 Million penalty
June 30th, 2017
CFTC Orders Rosenthal Collins Capital Markets LLC, Now Known as DV Trading LLC, to Pay a Civil Penalty of $5 Million for Engaging in Illegal Wash Sales Designed to Generate Exchange Rebate Fees Former RCCM Trader Brandon Elsasser also ...
The New EU Rules for Anti-Money Laundering and Tax Avoidance Enter Into Force
June 28th, 2017
Strengthened EU rules to tackle money laundering, tax avoidance and terrorism financing enter into force The Juncker Commission has made the fight against tax avoidance, money laundering and terrorism financing one of its priorities. On June 26,2017 the Fourth ...
EU fines Google €2.42 billion for manipulating search engine results
June 27th, 2017
Antitrust: Commission fines Google €2.42 billion for abusing dominance as search engine by giving illegal advantage to own comparison shopping service The European Commission has fined Google €2.42 billion for breaching EU antitrust rules. Google has abused its market ...
Barclays spoke to regulators about bringing bitcoin ‘into play’
June 26th, 2017
Barclays U.K. CEO Ashok Vaswani told CNBC that the bank has spoken to regulators about cryptocurrencies like bitcoin. Vaswani did not reveal the content of the discussions with Britain’s Financial Conduct Authority (FCA), but said it involved talking about ...
ACCA welcomes the EU Commission’s proposal on taxation information amendment
June 26th, 2017
More tarnsparemncy over aggressive Tax planning arrangements and Beneficial Ownership is welcome, but a balanced and consistent implementation is needed to maintain a level playing field, says ACCA ACCA (the Association of Chartered Certified Accountants) welcomes the European Commission’s ...
Japan and Australia cooperate on fintech
June 26th, 2017
The Japan Financial Services Agency (‘JFSA’) and Australian Securities and Investments Commission (‘ASIC’) announced the completion of a framework for co-operation to promote innovation in financial services in Japan and Australia. This Co-operation Framework recognises the global nature of ...
