Search Results for: European law
European Authorities warn consumers of risks in buying virtual currencies
February 13th, 2018
The European Supervisory Authorities (ESAs) for securities (ESMA), banking (EBA), and insurance and pensions (EIOPA) have issued a pan-EU warning to consumers regarding the risks of buying Virtual Currencies (VCs). The ESAs are concerned that an increasing number of ...
Clients are ‘biggest competitors’ to law firms
November 16th, 2017
Clients are the biggest competitors to law firms and are taking work from them, a top European marketer says. Andrea Miskolczi, chief business development and marketing officer at Wolf Theiss, says inhouse teams are investing in technology and, with ...
European Authority Highlights The Risks of Initial Coin Offerings
November 15th, 2017
The European Securities and Markets Authority (ESMA) has issued two Statements on Initial Coin Offerings (ICOs), one on risks of ICOs for investors and one on the rules applicable to firms involved in ICOs. ESMA has observed a rapid ...
SEC Announces Measures to Facilitate European Union’s MiFID II’s Research Provisions
October 27th, 2017
Following consultation with European authorities, and in response to concerns that investors could lose access to valuable research, the staff of the U.S. Securities and Exchange Commission issued three related no-action letters. These letters are designed to provide market ...
Law firms struggle with the digital age
October 20th, 2017
Law firms are finding it difficult to differentiate their offerings as they cannot innovate like other businesses. Law firms are still coming to terms with the new digital landscape and many are still struggling with the concept of having ...
The European Central Bank faces a legal challenge
August 16th, 2017
The European Central Bank may be violating laws on monetary financing in its 2.3 trillion euro ($2.7 trillion) asset purchase programme, Germany’s constitutional court said on Tuesday, and it asked Europe’s top court to make a ruling. In the ...
Global law firm reveals FY17 results; Record global revenues
August 2nd, 2017
Global law firm Baker McKenzie has issued today a press release to announce revenues for the fiscal year ended 30 June 2017 (FY17). Below is the announcement a it was published: Baker McKenzie, the leading global law firm, has announced ...
UK introduces measures ending the supremacy of EU Law
July 14th, 2017
The UK government has begun the technical process of extricating the UK from the European Union by introducing a 66-page measure ending the supremacy of EU law. As expected, the European Union (Withdrawal) Bill would repeal the European Communities ...
Google hires numerous law firms to fight EU fines
July 11th, 2017
Google is surrounding itself with some of the top law firms in Europe in the wake of its record-breaking €2.4 billion ‘illegal’ anti-trust ruling fine and the threat of more penalities on the horizon. Google is taking no chances ...
Deutsche Bank will pay $170 million to settle an investor lawsuit about Euribor
June 13th, 2017
Deutsche Bank AG (DBKGn.DE) will pay $170 million to settle an investor lawsuit claiming it conspired with other banks to manipulate the benchmark European Interbank Offered Rate and related derivatives. A preliminary settlement was filed on Monday with the ...
