Search Results for: EU Court
Panama Papers spur global tax tightening as second leak names more people, companies
May 10th, 2016
Details are still being sifted from the hugely anticipated second global data leak that names people, companies and tax schemes connected to offshore entities — many with familiar names. Legal or otherwise, the new cache of thousands of financial ...
Two Convicted in the biggest Insider Trading Conspiracy in Britain
May 10th, 2016
A former investment banker and a businessman were convicted of insider trading on Monday in what the British authorities have described as the largest crackdown on improper trading in Britain. After a three-month trial in Southwark Crown Court in ...
FSMA added new companies on its list of unauthorised investment firms in Belgium
May 5th, 2016
The Financial Services and Markets Authority (FSMA) has issued an announcement to inform that the Authority has updated its list of providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully in Belgium. Below is ...
Seven big banks settle U.S. rate-rigging lawsuit for $324 million
May 4th, 2016
Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market. The settlement made public on Tuesday, ...
FSMA updated its list of unauthorised investment firms in Belgium
April 19th, 2016
The Financial Services and Markets Authority (FSMA) has issued an announcement to inform that the Authority has updated its list of providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully in Belgium. ...
PricewaterhouseCoopers pays €37m to save Spanish employees from jail
April 14th, 2016
The accountancy firm PricewaterhouseCoopers has handed over €37m (£29m) to the Spanish government to save four of its former employees from serving lengthy jail terms for fraud. The four former senior executives, who include the firm’s ex-president Miguel Fernández de Pinedo, ...
There’s still a lot of optimism for the eastern Mediterranean gas fields
April 11th, 2016
E MED: Short – Term problems cloud Longer – Term Outlook There’s still a lot of optimism surrounding the eastern Mediterranean, despite a recent decision by the High Court in Jerusalem that will delay Israeli field developments and continuing ...
Forex, binary options and online financial scams; AMF joined forces with other bodies to eredicate the problem
April 4th, 2016
The Autorite Des Marches Financiers (AMF) has issued a press release to inform that the AMF, the Paris public prosecutor, consumer affairs watchdog DGCCRF, and prudential authority ACPR joined forces to eradicate the problem with Forex, binary options and ...
Why Japan’s plan to raise the number of lawyers it hasn’t worked out
April 4th, 2016
Japan is struggling with an unlikely problem: Its people aren’t litigious enough. Fifteen years ago, the nation kicked off a plan to double the number of lawyers. Officials thought they could breathe dynamism into society by mimicking the Western ...
HSBC comes up short in money laundering vigilance, U.S. says
April 4th, 2016
HSBC Holdings Plc has not done enough to thwart money laundering, despite making significant progress since reaching a landmark 2012 anti-money-laundering settlement with U.S. prosecutors, a federal monitor has found. The monitor “remains unable to certify that the bank’s ...
