New Kuwait government plans to increase water and electricity tariffs
December 19th, 2016
New Kuwait government plans to increase water and electricity tariffs Despite the messages from Government circles to the new lawmakers to close the old chapter and open a new one at the start of the new parliamentary term, it ...
FINRA Fines Deutsche Bank $3.25 Million
December 19th, 2016
FINRA Fines Deutsche Bank $3.25 Million for Deficient Disclosures Concerning the Operation of Its Alternative Trading System The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Deutsche Bank Securities Inc. $3.25 million for failing to provide ...
Why Lawyers Sue Yahoo?
December 19th, 2016
On Wednesday afternoon, Yahoo disclosed that it had discovered a data breach exposing the private information of more than one billion user accounts. Less than 12 hours later that same day, a plaintiffs’ firm in Los Angeles had cranked out and ...
IOSCO stresses importance of implementation and disclosure related to new accounting standards
December 19th, 2016
The Board of the International Organization of Securities Commissions (IOSCO) published today a Statement on Implementation of New Accounting Standards related to revenue, financial instruments, and leases. The three new International Financial Reporting (IFRS) Standards, issued by the International ...
FCA launches market study on competition in the mortgage sector
December 12th, 2016
The Financial Conduct Authority (FCA) has today launched a market study to consider whether competition in the mortgage sector can be improved to benefit consumers. The FCA wants to understand whether consumers are empowered to choose on an informed ...
Rolls-Royce hires PwC for £5.9m audit
December 12th, 2016
PwC has picked up the audit contract for Rolls-Royce Holdings plc after a 16-year long audit relationship with Big Four rival KPMG This follows a formal tender process led by the company’s audit committee and board approval for the ...
Christine Lagarde will stand trial for alleged negligence
December 12th, 2016
International Monetary Fund Managing Director Christine Lagarde will stand trial for alleged negligence after France’s highest court on Friday rejected an appeal from the former finance minister. Ms. Lagarde is charged with negligence for her role in settling a ...
European Commission is pursuing legal action against 7 Member States
December 9th, 2016
European Commission is pursuing legal action against 7 Member States for violating car emissions legislation The European Commission is today acting against 7 Member States on the grounds that they have failed to fulfil their obligations under EU vehicle ...
Three major Banks fined €485 million for Euribor fix cartel
December 7th, 2016
The European Commission has fined Crédit Agricole, HSBC and JPMorgan Chase, a total of € 485 million for participating in a cartel in euro interest rate derivatives. The banks colluded on euro interest rate derivative pricing elements, and exchanged ...
RUSSIAN CUSTOMER SUPPORT OFFICER
December 7th, 2016
Industry: Financial Services Description: XTrade is an award-winning provider of desktop and mobile trading services, featuring CFD trading on stocks, national stock indices, commodities, and currencies. The brokerage’s financial technology includes five digital trading platforms, all of which are ...
