Search Results for: ELA
The Isle of Man proposes changes on Collective Investment Schemes
May 5th, 2017
The Isle of Man Financial Services Authority has today issued a Consultation Paper (CP17-04/T05) to obtain information, views and evidence in relation to — (1) the widening of the definition of collective investment schemes to include a limited number ...
Italy gets Google to pay $335 million in tax arrears
May 5th, 2017
Google has buckled again under government pressure and agreed to pay millions in back taxes in Europe. Italy’s tax agency confirmed that Google (GOOGL, Tech30) would pay €306 million ($335 million) to cover taxes for the years 2009 to ...
EU court backs airlines over bird strike claims worth £11m
May 5th, 2017
Lawyers pursuing claims for flight delays have suffered a rare court defeat in a judgment that could scupper thousands of potential claims. The Court of Justice of the European Union ruled today that a collision between an aircraft and ...
Western Union reports revenue of $1.3 billion for Q1 2017
May 4th, 2017
The Western Union Company (NYSE: WU) today reported first quarter financial results and affirmed its outlook for 2017, which was previously provided on February 9, 2017. In the first quarter the Company generated revenue of $1.3 billion, which was ...
European markets get a lift from perceived Macron debate win
May 4th, 2017
European stocks got a lift Thursday after centrist French presidential candidate Emmanuel Macron was perceived to have gotten the better of the far-right’s Marine Le Pen in a debate and a survey showed economic growth in the 19-country eurozone ...
The legal war between Uber and Waymo
May 4th, 2017
It promised to be an eye-opening battle royale between tech giants. So let’s check in with Uber and Waymo, the ride-hailing app maker and the Google self-driving car spinoff, which are duking it out in court. When autonomous vehicle ...
AAT affirms ASIC’s disqualification and banning of the former MD of Provident Capital Ltd
May 4th, 2017
On 2 May 2017 the Administrative Appeals Tribunal (AAT) upheld ASIC’s decision that Mr Michael Roger O’Sullivan of Sydney be disqualified from managing corporations for five years and from providing financial services for seven years (refer:15-033MR). The AAT qualified ...
CySec announced initiation of the compensation payment process by the I.C.F in CommexFX case
May 4th, 2017
The Cyprus Securities Exchange Commission (CySec) has issued an announcement to inform regarding the Initiation of the compensation payment process by the Investor Compensation Fund for Clients of IFs (I.C.F) in relation to the CommexFX Ltd. According the announcement, ...
FRC launch investigation into KPMG
May 4th, 2017
FRC launch investigation into KPMG in relation to the audit of the financial statements of Rolls-Royce Group The Financial Reporting Council (FRC) has commenced an investigation under the Audit Enforcement Procedure into the conduct of KPMG Audit Plc, in ...
How the unemployment rate adjusted in Germany, Cyprus, Greece, Bulgaria, Romania and other member states
May 4th, 2017
Euro area unemployment at 9.5% EU28 at 8.0% The euro area (EA19) seasonally-adjusted unemployment rate was 9.5% in March 2017, stable compared to February 2017 and down from 10.2% in March 2016. This is the lowest rate recorded in ...
