Search Results for: EU Commission
Ireland Vies to Remain Silicon Valley’s Low-Tax Home Away From Home
November 10th, 2014
In a sprawling conference center on the outskirts of the Irish capital, more than 20,000 people from the global tech industry gathered last week to sign deals and swap contacts. Despite the throngs of start-ups, American heavy hitters like ...
AMF publishes draft recommendation on quarterly and interim financial disclosure
November 5th, 2014
In anticipation of the transposition of the revised Transparency Directive into national law, the AMF is publishing a draft recommendation to accompany the abolition in 2015 of the obligation to produce quarterly financial information. The revised Transparency Directive (2013/50/EU) ...
Stocks close mixed: S&P drops, Dow bumps up
November 5th, 2014
Stocks closed mixed Tuesday as markets struggled from a one-two punch of falling oil prices and renewed fears of a global slowdown. A wait-and-see posture regarding Tuesday’s elections may also be holding back investors. The Standard & Poor’s 500 ...
SEC fines 13 firms over sale of Puerto Rico junk bonds
November 4th, 2014
Units of 13 major Wall Street firms, including JPMorgan and UBS, improperly sold bonds from Puerto Rico’s landmark March junk deal to retail investors who may not have understood the debt’s riskiness, the U.S. Securities and Exchange Commission said ...
JPMorgan: Feds pursue criminal forex probe
November 4th, 2014
JPMorgan said it faces a criminal probe of its foreign exchange business and boosted its legal budget by $1.3B. JPMorgan Chase (JPM) disclosed Monday that the New York-based global bank is in talks with the Department of Justice over ...
Ukraine and Russia Reach Deal on Natural Gas Supplies
October 31st, 2014
The agreement, under European Union auspices, ends a standoff over payments for gas Ukraine had already consumed, and terms for future deliveries. Russian and Ukrainian officials reached an agreement on Thursday night to resume Russian deliveries of natural gas ...
Antitrust Goes International
October 30th, 2014
In a globalizing world economy, it’s perhaps no surprise that mergers and acquisitions are also crossing national borders more frequently–and that the risk of cartel-like behavior across national borders is also rising. The OECD lays out some background in ...
Hong Kong Ready for Trading Link With Shanghai
October 29th, 2014
The head of Hong Kong’s stock market regulator said Wednesday that his agency had ticked all the boxes needed to start a highly anticipated project connecting the Hong Kong and Shanghai stock exchanges, indicating delays were coming from its ...
SEC investigates CMS employees in insider-trading case
October 29th, 2014
The U.S. Securities and Exchange Commission is investigating whether employees at the Centers for Medicare and Medicaid Services (CMS) leaked information to traders, the Wall Street Journal reported, citing people familiar with the investigation. Authorities have interviewed nearly a ...
SEC probing private equity performance figures
October 29th, 2014
The U.S. Securities and Exchange Commission is examining how private equity firms report a key metric of their past performance when they market new funds to investors, as the regulator boosts its scrutiny of the industry, according to people ...
