Search Results for: legal
PwC in US sued for MF Global’s Collapse
March 8th, 2017
MF Global, PwC Blame Each Other for MF Global’s Collapse The trial between PwC, one of the world’s largest accounting firms, and the bankrupt brokerage MF Global gets underway. The trial between one of the world’s largest accounting firms ...
Yahoo General Counsel resigns following investigations for cybersecurity failures
March 8th, 2017
A report prepared for the Securities and Exchange Commission identified $11 million worth of legal costs associated with a mass hack of Yahoo accounts that took place in 2014. Last week, Yahoo confirmed that general counsel and company secretary ...
Plato Partnership announces 15 new Partners
March 7th, 2017
Plato Partnership, a not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, is pleased to announce 15 new Plato Partners. The new Partners announced today include: BBVA Asset Management, Capital International Ltd, part of the Capital Group, ...
PayPal Sued in Class Action for Deceptive Charity Scheme
March 7th, 2017
The online payment powerhouse PayPal is facing a public image fiasco as a result of a recent class action lawsuit alleging they lied to people making charitable contributions. Essentially, the lawsuit claims that people were tricked into donating to ...
SFC Hong Kong fined $3 million a security brokerage company
March 6th, 2017
The Securities and Futures Commission (SFC) has reprimanded Guangdong Securities Limited (GSL), now known as Sinolink Securities (Hong Kong) Company Limited (Sinolink), and fined it $3 million for failures in complying with anti-money laundering guidelines when handling third party ...
Salaries in UAE are expected to increase this year
March 6th, 2017
Salaries likely to rise in 2017, VAT set to be biggest contributor for job creation in UAE Salary levels in the United Arab Emirates are expected to increases this year and new jobs are being made available following a ...
Brexit: The rights of Europeans living in the UK
March 6th, 2017
Ever since the Brexit referendum EU citizens in the UK and UK nationals living in other EU countries face uncertainty about their ability to stay where they are. The British government has so far refused to guarantee the rights ...
CySec informs Cyprus Investment Firms about freedom to provide investment services in a third country
March 6th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform Cyprus Investment Firms (CIFs) in respect of the freedom to provide investment and ancillary services and/or perform investment activities in a third country. According the Circular: ...
Firms vie over rights to Arthur Andersen name
March 6th, 2017
A company calling itself Arthur Andersen announced it has reconstituted the former Big Five firm in 16 countries, but its rights to the brand are being challenged by another firm that took the Andersen name in 2014. French businessman ...
International Law Firm opens office in Paris
March 6th, 2017
Ogletree Deakins, one of the largest labor and employment law firms representing management, expanded its international presence today by opening an office in Paris, France. Ogletree Deakins’ Paris office broadens the firm’s European footprint, which includes Berlin and London, ...
