Search Results for: Abe
SRA approves PII reform
July 4th, 2014
The Solicitors Regulation Authority is forging ahead with its plans to cut the minimum compulsory cover for professional indemnity insurance (PII) from £2m to £500,000, despite strong opposition from the Law Society and criticism from the Legal Services Consumer ...
Investment in London Capital Group approved by shareholders
July 3rd, 2014
The Board of London Capital Group has announced that, at a General Meeting of shareholders held on 3rd July, the proposed investment in the Company by GLIO Holdings Ltd and possibly existing shareholder(s) of up to £17.5 million ...
SEC charges five traders for short selling violations
July 3rd, 2014
The Securities and Exchange Commission (SEC) has charged five traders for committing short selling violations while trading for themselves and Worldwide Capital Inc., a Long Island, N.Y.-based proprietary firm that earlier this year paid the largest-ever monetary sanction for ...
EU approves conditional Telefonica deal
July 2nd, 2014
Telefonica SA (TEF) won European Union approval to merge its German unit with Royal KPN (KPN) NV’s E-Plus after it pledged to bolster smaller rivals and divest spectrum, the European Commission said. Telefonica must sell as much as 30 ...
Offshore Tax Crackdown Opens With 30% Penalties for Banks
June 30th, 2014
The Internal Revenue Service is about to get an unprecedented look at bank accounts and investments U.S. citizens hold abroad, through a law that is making it harder to hide assets from the tax collector. Tomorrow, the U.S. government ...
Japan reveals plans to cut corporate tax to below 30%
June 24th, 2014
Japan has unveiled plans to cut the country’s corporate tax to below 30% in several stages starting next year. The move is part of Prime Minister Shinzo Abe’s plan to revive the economy, a pledge made when he took ...
SEC Charges Hedge Fund Advisory Firm
June 24th, 2014
The U.S. Securities and Exchange Commission has charged a West Palm Beach, Fla.-based hedge fund advisory firm and its founder with fraudulently shifting money from one investment to another without informing investors. The firm’s founder and another individual later ...
Core Liquidity Markets Announces MT4 Mobile Trading
June 19th, 2014
An Australia-based Forex broker and ASIC regulated ACN 164 994 049, namely Core Liquidity Markets, has announced the release of the MetaTrader 4 mobile trading application. The application is available for both iPhone and android and there is an IPad version available ...
ACCA welcomes new ECB measures
June 10th, 2014
The European Central Bank (ECB) has unveiled a package supporting lending to the real economy in the Eurozone, a move strongly welcomed by ACCA (the Association of Chartered Certified Accountants) The ECB measures entail proposals to conduct targeted longer-term ...
Japanese Corporate Tax Cut Increasingly Likely
June 6th, 2014
Japanese Prime Minister Shinzo Abe’s plan to reduce Japan’s corporate tax rate in the 2015 fiscal year has been agreed by the ruling Liberal Democratic Party’s (LDP) tax panel, providing the Government can find funding to cover the consequent ...