Search Results for: Luxembourg
Former PwC employees to stand trial over Luxleaks scandal
April 26th, 2016
THE LUXLEAKS scandal starts a new chapter today as two former PwC employees go on trial accused of leaking thousands of corporate documents that expose Luxembourg’s shadowy tax deals. Antoine Deltour, a former auditor for the Big Four firm and ...
BITSTAMP has been granted a license and launches BTC/EUR Trading
April 26th, 2016
BITSTAMP has issued an announcement to inform that it becomes the first nationally licensed Bitcoin Exchange and launches BTC/EUR trading. The following announcement was published: “Dear clients, partners and supporters of Bitstamp, We are very excited to share with ...
Bitcoin exchange close to launch regulated and licensed services for all 28 countries in the EU
April 20th, 2016
One of the world’s largest bitcoin exchanges is reportedly close to announcing a new deal with the Luxembourg government that would enable it to launch regulated and licensed services across Europe. According to sources, Bitstamp may have secured a payment institution (PI) ...
Magic Circle firm Linklaters announces 25 new Partner promotions
April 19th, 2016
Linklaters announces the election of 24 new Partners and a senior consultant across 10 jurisdictions. The promotions take effect on 1 May 2016. The new appointments cover 10 areas of practice. Fifteen of these promotions are based outside London ...
Italy Forms $5.7 Billion Fund to Shake Off Doubts in Banks
April 12th, 2016
Fund to help weakened banks sell shares and unload bad loans Atlante fund managed by Quaestio Capital investment firm Italian officials and bank executives agreed to create a multibillion-euro fund to help troubled lenders raise capital and offload bad ...
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 ...
Italian police open money laundering investigation of broker linked to HSBC
March 23rd, 2016
An Italian financial broker who worked on behalf of HSBC in the Swiss town of Lugano is under investigation for possible money laundering in a probe linked to a wider tax evasion case, an Italian finance police colonel told ...
Deutsche Börse Managed Services and Solfia sign new customer for Software-as-a-Service platform
March 23rd, 2016
Deutsche Börse Managed Services and Solfia (Vermeg Group) recently signed a new customer: Contassur, a Belgian insurance company that manages the largest pool of pension funds in Belgium. Contassur will use the Vermeg Wealth/Institutional Management Software-as-a-Service (SaaS) Hub platform, ...
These Eight EU Countries Are in the Budget Danger Zone
March 21st, 2016
When it comes to fiscal discipline in the European Union, three is the magic number. That’s a deficit limit of 3 percent of GDP, and five EU states will make the budgetary bad books this year by breaching that level, according ...
PricewaterhouseCoopers accused of conflict of interest in development role
March 21st, 2016
Diane Abbott is furious that PwC is working on a DfID scheme called the Investment Facility for Utilising UK Specialist Expertise Big Four accountant PricewaterhouseCoopers has been accused of “a very serious conflict of interest” in its role as an ...
