Search Results for: European law
SFO charges Barclays and four individuals with conspiracy to commit fraud
June 20th, 2017
The Serious Fraud Office (SFO) has today charged Barclays Plc and four individuals with conspiracy to commit fraud and the provision of unlawful financial assistance contrary to the Companies Act 1985. The charges relate to Barclays Plc’s capital raising ...
Asia Stocks rose as Yen Falls, Tech Shares Rebound
June 19th, 2017
Hong Kong shares gain before MSCI decision on China A-shares Brexit negotiations formally start with pressure on May Asia Stocks rose, with a weaker yen supporting Japanese equities and technology stocks rebounding after their biggest weekly selloff since November. ...
Brexit, Germany and Asia
June 16th, 2017
Britain’s general election went horribly wrong, with the Conservatives forced into a putative coalition with the Democratic Ulster Party. Theresa May’s failure to secure a clear majority has provoked indignation, bitterness, and widespread pessimism. The purpose of this article ...
Google faces big fine in first EU case against search practices
June 16th, 2017
Search giant is braced for a fine that could top €1bn with decision expected shortly Google is braced for a fine of potentially more than €1bn as Brussels prepares to announce the first of its trio of antitrust decisions ...
Sullivan & Cromwell to open Brussels office with antitrust hire
May 22nd, 2017
Sullivan & Cromwell, the US corporate law firm, has poached a senior European competition lawyer to open its first new office in nearly two decades based in Brussels. Michael Rosenthal is joining S & C as partner to work ...
EBA consults on its guidance for the use of cloud computing
May 19th, 2017
The European Banking Authority (EBA) launched today a consultation setting out its guidance for the use of cloud service providers by financial institutions. The EBA Recommendations intend to clarify the EU-wide supervisory expectations if institutions intend to adopt cloud ...
Facebook face EU regulators fines; why?
May 18th, 2017
Facebook suffered a setback on Tuesday over how it uses the reams of information it collects about users worldwide, after two European privacy watchdogs said that the social network’s practices broke their countries’ data protection rules. The announcement by ...
IMF recommends lower, broader Corporate Tax for Luxembourg
May 15th, 2017
Further corporate tax reforms may be needed to Luxembourg’s tax regime for foreign companies if it is to maintain its appeal while responding to international tax initiatives, the International Monetary Fund has said. The IMF said that evolving international ...
Digital currency, the Airbnb and Uber killer
May 15th, 2017
Ride-sharing app Uber experienced a setback on Thursday (11 May), as a top EU lawyer of the European Court of Justice (ECJ) stated in an opinion that the company can be regulated as a transport business, instead of an ...
Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
