Search Results for: International law firm
UBS, HSBC Offshore Dealings Thrust Into Panama Papers Spotlight
April 5th, 2016
Report describes UBS’s dealings with law firm Mossack Fonseca Both banks say they comply with laws for vetting customers UBS Group AG and HSBC Holdings Plc — two of the banks hardest hit amid a U.S. crackdown on customers’ illicit ...
Revealed: the $2bn offshore trail that leads to Vladimir Putin
April 4th, 2016
A network of secret offshore deals and vast loans worth $2bn has laid a trail to Russia’s president, Vladimir Putin. An unprecedented leak of documents shows how this money has made members of Putin’s close circle fabulously wealthy. Though the ...
TWSE Launches Mobile Version of Rules & Regulation Directory
March 28th, 2016
The Taiwan Stock Exchange (TWSE) has rolled out a mobile version of its popular Rules & Regulations Directory to facilitate browsing on mobile phones and tablets. The move makes it even easier for domestic and foreign visitors to access ...
ASX chief Elmer Funke Kupper quits in face of investigation
March 22nd, 2016
The head of the Australian Securities Exchange, Elmer Funke Kupper, has quit his $3.5 million a year job over allegations that he knew of a $200,000 payment to the family of Cambodian strongman prime minister Hun Sen. The $200,000 payment was made when Mr Funke Kupper was ...
Bitcoin surveillance startup Elliptic raises $5m Series A funding
March 21st, 2016
Elliptic has today announced a $5 million Series A funding round led by Paladin Capital Group, with participation from Santander InnoVentures, KRW Schindler, Digital Currency Group, and existing investor, Octopus Ventures. Christopher Steed, Managing Director of Paladin Capital Group, ...
China to ease commercial banks’ bad debt burden via equity swaps
March 10th, 2016
China’s central bank is preparing regulations that would allow commercial lenders to swap non-performing loans of companies for stakes in those firms, two people with direct knowledge of the new policy told Reuters. The new rules would reduce commercial ...
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 ...
African legal sector receives USD 22 million in funding
March 7th, 2016
The African Development Bank has allocated USD 22 million to improve the continent’s legal expertise, assisting African countries’ access to justice when dealing with international investors. The African Legal Support Facility (ALSF) has been granted USD 22 million, to ...
Innovations in Malaysia’s legal scene
March 7th, 2016
With most everyone plugged into the Internet these days, it was only a matter of time before the legal profession climbed aboard the technological train to promote their services with the ease of a click or swipe of a ...
FATCA exceptions agreed by Swiss and US authorities
March 4th, 2016
Accounts held by the lawyers or notaries of clients in Switzerland are now exempt from the United States’ Foreign Account Tax Compliance Act (FATCA) following the signing of an agreement by the countries’ authorities in February. The competent authorities ...
