Search Results for: ELA
China moves to further relax approval requirements on outbound investments by Chinese investors
February 6th, 2015
Since the announcement of the “go global” (“走出去”) policy in 2000, the People’s Republic of China (“PRC” or “China“) has achieved a tremendous acceleration in its overseas foreign direct investment, transporting China from a country punching well below its ...
ICAP Information Services launches the ICAP Bond Correlated Call US Treasury Index
February 3rd, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that ICAP Information Services (IIS), the information division of ICAP, has launched the ICAP Bond Correlated Call (BCC) US Treasury ...
Ireland Announces New Tax Amnesty Terms
February 2nd, 2015
The Irish tax authority, the Revenue Commissioners, has confirmed that taxpayers who have engaged in certain tax avoidance transactions may avail themselves of a new settlement opportunity, which is to be offered until June 30. Legislation was contained in ...
Switzerland Legislates For Automatic Exchange tax-related information
January 16th, 2015
The Swiss Federal Council has launched two parallel consultations on legislation that would enable Switzerland to automatically exchange tax-related information from 2018. The first consultation concerns draft legislation arising from Switzerland’s October 2013 signature of the Organisation for Economic ...
Apple Sues Ericsson Over Patents Related to LTE Connectivity
January 14th, 2015
Apple Inc. sued Ericsson , alleging the patents being asserted by the Swedish networking giant aren’t “essential” to high-speed wireless technology the iPhone maker uses in its mobile devices. In a complaint filed in U.S. District Court for Northern ...
Central Bank of Ireland Issues Warnings on Unauthorised Investment Firm/Investment Business Firm
December 16th, 2014
The Central Bank of Ireland published the name of an unauthorised investment firm/investment business firm, Vantage Holdings Group Limited (Hong Kong). Vantage Holdings Group Limited (Hong Kong) is not authorised by the Central Bank as investment firm, investment business firm or to provide ...
Iceland Looks At ‘Exit Tax’ For Foreign Investors
December 12th, 2014
Iceland appears to be looking to remove its capital controls early in 2015, but would, at the same time, impose an “exit tax” on those foreign investors who have been unable to retrieve their funds that were locked in ...
SEC Sanctions Operator of Bitcoin-Related Stock Exchange for Registration Violations
December 9th, 2014
The Securities and Exchange Commission today sanctioned a computer programmer for operating two online venues that traded securities using virtual currencies Bitcoin or Litecoin without registering the venues as broker-dealers or stock exchanges. The programmer, Ethan Burnside, also was ...
Yen Drops as Abe Delays Sales Tax, Calls Early Vote; Ruble Rises
November 18th, 2014
The yen fell against the euro and touched its weakest in more than seven years against the dollar as Japanese Prime Minister Shinzo Abe called an early election and suspended a planned sales-tax increase. Japan’s currency slipped against most ...
Central Bank of Ireland imposes fine of €3,500,000 in respect of IT governance failures by Ulster Bank Ireland Limited
November 13th, 2014
The Central Bank of Ireland (the “Central Bank”) has fined Ulster Bank Ireland Limited (the “Firm”) €3,500,000 and reprimanded it in relation to IT and governance failings by the Firm that resulted in approximately 600,000 customers being deprived of ...
