Search Results for: legal
Bitcoin has exceeded the value of an ounce of gold for the first time
March 3rd, 2017
A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time. It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233. The current high is ...
Apple’s U.K. Suit Against Qualcomm Adds to Global Patent War
March 3rd, 2017
Lawsuit filed Thursday cites claim on patents and designs Apple says Qualcomm unfairly charges royalties for technology Apple Inc. sued Qualcomm Inc. in a U.K. court, adding to lawsuits across the globe in a sprawling battle over patents and ...
P2P lending platform granted full authorisation from the FCA
March 2nd, 2017
Proplend has issued an announcement to inform that it has been granted full authorisation from the Financial Conduct Authority (FCA) for peer to peer lending, paving the way for the launch of its Innovative Finance ISA. The P2P lending platform connects investors ...
International law firms accused of owning millions to Cayman Islands
March 2nd, 2017
Opposition members of the Legislative Assembly alleged Monday that Cayman Islands law firms have denied the nation $50 million in fees over the past decade by averting local licensing. The accusation comes amid heated debate over the proposed Legal ...
Former deputy attorney-general of Cyprus was sentenced to 3.5 years in prison
March 1st, 2017
Former deputy attorney-general Rikkos Erotokritou was sentenced to 3.5 years in prison on Wednesday for his involvement in a conspiracy with the Andreas Neocleous law firm in 2013. Panayiotis Neocleous, one of the law firm’s partners and son of ...
Singapore launched multimillion programme to help law firms to adopt technology
March 1st, 2017
A S$2.8 million programme was launched on Monday (Feb 27) to help small- and medium-sized Singapore law firms adopt technology, announced the Ministry of Law, the Law Society of Singapore and SPRING Singapore. Small and medium firms – those ...
IOSCO: Harmonisation of the Unique Transaction Identifier (UTI) to OTC derivatives transactions
February 28th, 2017
A new report provides technical guidance to authorities to enable them to set rules on assigning uniform global Unique Transaction Identifiers (UTIs) to over-the-counter (OTC) derivatives transactions. The report, entitled Harmonisation of the Unique Transaction Identifier, is a joint ...
Digital currency exchange Coinbase stop operation in Hawaii
February 28th, 2017
The Digital currency exchange Coinbase announces that it ceases operations in Hawaii after received a word from the Hawaii Division of Financial Institutions (DFI) back in September. That time the DFI informed that Coinbase and other digital currency businesses ...
ASIC reports on corporate finance regulation July to December 2016
February 24th, 2017
ASIC has today published its sixth report on the regulation of corporate finance issues in Australia. The report, which covers the period July to December 2016, provides companies and their advisers with insights into ASIC’s regulatory approach in the ...
EU Council to close down hybrid mismatches between EU an non-EU countries tax systems
February 23rd, 2017
On 21 February 2017, the Council agreed its position on rules aimed at closing down ‘hybrid mismatches’ with the tax systems of third countries. The draft directive is the latest of a number of measures designed to prevent tax avoidance by large companies. ...
