Search Results for: European law
Legal profession poll: 75% want United Kingdom to stay in EU
March 21st, 2016
Survey of 1,000 lawyers and law students shows massive opposition to Brexit The overwhelming majority of the legal profession wants to remain within the EU — but there is notably more willingness to countenance a Brexit among barristers than ...
Euronext looks to snap up assets from any Deutsche Boerse-LSE fallout
March 21st, 2016
European stock exchange operator Euronext NV (ENX.PA) is considering acquisitions to help it stay competitive after Deutsche Boerse AG (DB1Gn.DE) and London Stock Exchange Group Plc (LSE.L) agreed to merge in a $30 billion deal, according to people familiar ...
CFTC Approves Substituted Compliance Framework in Follow-up to the Recent Equivalence Agreement between the US and the EU
March 18th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today unanimously approved a substituted compliance framework for dually-registered central counterparties (CCPs) located in the European Union (EU), together with a comparability determination with respect to certain EU rules. Today’s action follows ...
Legal case: Liver Failure caused by Pfizer’s antibiotic Zithromax
March 9th, 2016
Pfizer Italy, a subsidiary of the American Pfizer inc, is facing a defective product lawsuit in Cyprus. The claim concerns the defectiveness of the well known and very popular among pediatricians, antibiotic Zithromax. Zithromax was prescribed to a 16-year-old, ...
Cyprus to Exit From Bailout Program
March 8th, 2016
Country follows Ireland, Spain and Portugal, despite not completing a final task Cyprus will successfully exit from its bailout program this month despite not completing one final task required by its creditors, eurozone finance ministers said Monday. The island-state’s exit ...
EU Auditors Call For Renewed Efforts On VAT Fraud
March 7th, 2016
The current European Union system for fighting cross-border value-added tax fraud is not effective enough, according to a new report by the European Court of Auditors. The auditors said that while the EU has a range of tools at ...
CETA: EU and Canada agree on new approach on investment in trade agreement
March 1st, 2016
This agreement is a clear break from the current ISDS system and shows the commitment to work together to establish a multilateral investment tribunal. The European Commission and the Canadian Government have agreed to include a new approach on ...
UK EU exit would be global economy ‘shock’ – G20 leaders
February 29th, 2016
Finance ministers from the world’s leading economies have warned of a “shock” to the global economy if the UK leaves the EU. The ministers gave their opinion in a statement released at the end of a two-day meeting of ...
Banc de Binary Reaches $11 Million Settlement with U.S. Authorities
February 26th, 2016
Company alleged to have illegally signed up U.S. investors to binary options trading platform Banc de Binary Ltd., a financial trading company and a sponsor of Liverpool Football Club, has agreed to an $11 million settlement with U.S. authorities ...
Potential merger of equals between Deutsche Börse AG (“Deutsche Börse”) and London Stock Exchange Group plc (“LSE”)
February 25th, 2016
Deutsche Börse: Further to recent speculation, the Management Board of Deutsche Börse and the Board of LSE confirm that they are in detailed discussions about a potential merger of equals of the two businesses (the “Potential Merger”). The Potential Merger ...
