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FCA publishes its Business Plan for 2015/16 and announces details of new supervision and authorisation divisions

March 24th, 2015 (0)
The Financial Conduct Authority has set out the key areas of work it will undertake in the forthcoming financial year with the publication of its Business Plan for 2015/16. It also confirmed the creation of two new Divisions that would ...

Greece to present reforms package by Monday: government spokesman

March 24th, 2015 (0)
Greece will present its proposed package of reforms to its euro zone partners by next Monday in hopes they will release much needed cash, its government spokesman said on Tuesday. “It will be done at the latest by Monday,” government spokesman told ...

ECB to Continue Buying Debt Until Inflation Stabilizes

March 24th, 2015 (0)
Central Bank will purchase large amounts of public and private debt for at least 18 months The European Central Bank will purchase large amounts of public and private debt for at least 18 months and until it is convinced ...

China to reap Alibaba windfall as tightens up on tax

March 23rd, 2015 (0)
China could make billions of dollars from taxing gains made by employees of e-commerce giant Alibaba Group BABA.N who are free to sell their shares for the first time since its IPO, as the country tightens up its leaky ...

Greece will stay in euro: Barroso (Video)

March 23rd, 2015 (0)
Greece will remain in the euro zone as long as Athens is willing to compromise, the former president of the European Commission told CNBC, noting this is what most Greeks desire. “I believe we should be flexible with Greece, ...

Europe shares higher; Tullow Oil up 4%

March 20th, 2015 (0)
European equities edged higher in the last trading session of the week, as investors reacted to individual stocks news amid hopes of further accommodative policy by global central banks. Tullow Oil gains The pan-European Euro Stoxx 600 index was slightly higher, ...

Greece to draft new reform plan within days – EU leaders

March 20th, 2015 (0)
EU leaders say Greece has agreed to come up with a new reform plan within days to secure the additional bailout funds required to prevent bankruptcy. The development came after marathon talks between Greek PM Alexis Tsipras, German Chancellor ...

Latham & Watkins wins “European Corporate Deal of the Year”

March 19th, 2015 (0)
Firm works on “a landmark deal in the European healthcare sector last year” that was “particularly complex”. Latham & Watkins has won “European Corporate Deal of the Year” atThe Lawyer’s 2015 European Awards. The firm “stood out” for its work advising ...

ESMA sees increased convergence in automated trading supervision

March 19th, 2015 (0)
The supervision of automated trading has become more convergent across the European Union (EU), a recent review by the European Securities and Markets Authority (ESMA) has found. ESMA reviewed how the 30 national competent authorities (NCAs) across the EU ...

European Commission unveils draft legislation to tackle corporate tax avoidance

March 19th, 2015 (0)
The European Commission today presented a package of tax transparency measures as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU. A key element of this Tax Transparency Package is a proposal to ...
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