Search Results for: Member States
The EU has helped to shape UK copyright law for journalists, but Brexit unlikely to cause significant changes
August 11th, 2016
Now that that dust has settled after the EU referendum, it’s worth looking at how Brexit will affect media law. Nothing is certain yet, but it is possible to make some informed predictions. I will be examining the likely ...
The license of a Cyprus Investment Firm will continue to be suspended
August 10th, 2016
The Cyprus Securities and Exchange Commission has issued an announcement to inform that following previous announcements dated 27 May 2016 and 28 June 2016, the Cyprus Securities and Exchange Commission, following a decision at the meeting dated 1st August 2016, announces ...
CySec decided to suspend the authorisation of a Cyprus Investment Firm
August 10th, 2016
The Cyprus Securities and Exchange Commission (CySec), has announced that following a decision at the meeting dated 25 July 2016, the authorisation of the Cyprus Investment Firm Best Choice FBC Ltd, with number 234/14, is suspended, pursuant to section 26(2) ...
Oil prices: OPEC may finally take action if crude’s slide continues
August 9th, 2016
Oil’s recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action — especially if oil plummets again. Considering a deal and agreeing to one are ...
EU Criticizes France’s Inefficient VAT System
August 8th, 2016
The European Commission has released a paper recommending improvements to France’s “inefficient” value-added tax system, including that the country do away with broadly applying reduced VAT rates. The paper notes that France faces significant fiscal challenges; Its tax burden ...
Luxembourg Appealing ‘LuxLeak’ Sentences
August 5th, 2016
Luxembourg’s state prosecutor has begun an appeal against the verdict at the recent “LuxLeaks” trial, arguing the sentences handed down by the court were too lenient. Earlier this year, Antoine Deltour and Raphael Halet, both former employees at advisory ...
Magic Circle Law firms pick up spots on new EU banking panel
August 5th, 2016
Magic Circle firms Clifford Chance and Linklaters have been joined by Hogan Lovells and PwC on a new panel created by the new EU authority responsible for winding up banks. The EU’s Single Resolution Board (SRB) tendered for legal advisers earlier this year, ...
The potential economic impact of Brexit for London, the UK and Europe
July 28th, 2016
PwC’s real GDP growth projections for the UK revised down Potential loss of passporting a challenge for London Ireland and Cyprus are the most exposed EU countries from a trade perspective UK: Following the vote to leave the EU, ...
Is this the end of Bitcoin anonymity? EU plans database of Bitcoin Users
July 28th, 2016
The European Commission is proposing the creation of a database that will hold information on those using virtual currencies and that will record data on the users’ real-world identity, along with all associated wallet addresses. This is the first proposal ...
World’s oldest bank is on the point of collapse
July 18th, 2016
Italy’s third-largest and the world’ oldest bank, Monte dei Paschi de Siena, is on the point of collapse unless it receives state support. Its failure could spark a banking crisis in Europe, but EU rules forbid bank bailouts using ...
