Search Results for: legal
Takata airbag-maker files for bankruptcy
June 26th, 2017
Japanese car parts maker Takata has filed for bankruptcy protection in the US and Japan. It is facing billions of dollars in liabilities over its defective airbags, which have been linked to at least 17 deaths worldwide. Some of ...
ASIC reports on supervision of registered liquidators for 2016
June 22nd, 2017
ASIC today released its sixth annual report into the supervision of registered liquidators. Report 532 ASIC regulation of registered liquidators: January to December 2016 details the supervisory, enforcement, stakeholder liaison, policy and educative work ASIC undertook in its commitment ...
International Law Firm is set to break into Asia
June 22nd, 2017
DWF LLP, an international law firm headquartered in Manchester, UK, is set to break into Asia for the first time by opening a Singapore office, picking up a four-lawyer team which left Eversheds Sutherland in the city earlier this ...
Robert Evans III Named Deputy Director in SEC’s Division of Corporation Finance
June 21st, 2017
The Securities and Exchange Commission (SEC) announced that Robert Evans III has been named Deputy Director in the agency’s Division of Corporation Finance. He will join Deputy Director Shelley Parratt as a senior advisor to the division’s director, William ...
Clearstream announced new collaboration
June 19th, 2017
Clearstream and ColleX™ collaborate to offer buy-side simplified access to tri-party collateral management Clearstream, the international central securities depository (ICSD), and ColleX™ the collateral exchange platform, announced today a collaboration that brings together ColleX™’s visible pricing and liquidity for ...
Asia Stocks rose as Yen Falls, Tech Shares Rebound
June 19th, 2017
Hong Kong shares gain before MSCI decision on China A-shares Brexit negotiations formally start with pressure on May Asia Stocks rose, with a weaker yen supporting Japanese equities and technology stocks rebounding after their biggest weekly selloff since November. ...
Brexit, Germany and Asia
June 16th, 2017
Britain’s general election went horribly wrong, with the Conservatives forced into a putative coalition with the Democratic Ulster Party. Theresa May’s failure to secure a clear majority has provoked indignation, bitterness, and widespread pessimism. The purpose of this article ...
EU launches infringement procedures against three countries for refusing to take refugees
June 15th, 2017
The European Commission has today launched infringement procedures against the Czech Republic, Hungary and Poland for non-compliance with their obligations under the 2015 Council Decisions on relocation. Despite the Commission’s repeated calls for action, these three countries remain in ...
CEO of a Brazilian Bank cleared by court over Tax probe
June 15th, 2017
A Brazilian court has cleared Banco Bradesco SA Chief Executive Officer Luiz Carlos Trabuco of trying to illegally dodge a tax fine of 3 billion reais ($911 million), spurring the biggest jump in shares of the nation’s No. 3 ...
Deutsche Bank will pay $170 million to settle an investor lawsuit about Euribor
June 13th, 2017
Deutsche Bank AG (DBKGn.DE) will pay $170 million to settle an investor lawsuit claiming it conspired with other banks to manipulate the benchmark European Interbank Offered Rate and related derivatives. A preliminary settlement was filed on Monday with the ...
