Search Results for: PRA
The New EU Rules for Anti-Money Laundering and Tax Avoidance Enter Into Force
June 28th, 2017
Strengthened EU rules to tackle money laundering, tax avoidance and terrorism financing enter into force The Juncker Commission has made the fight against tax avoidance, money laundering and terrorism financing one of its priorities. On June 26,2017 the Fourth ...
EU fines Google €2.42 billion for manipulating search engine results
June 27th, 2017
Antitrust: Commission fines Google €2.42 billion for abusing dominance as search engine by giving illegal advantage to own comparison shopping service The European Commission has fined Google €2.42 billion for breaching EU antitrust rules. Google has abused its market ...
ASIC commences proceedings against former managing director of Banksia Securities Limited
June 27th, 2017
ASIC has commenced civil penalty proceedings in the Federal Court of Australia in Melbourne against Patrick John Godfrey, former managing director of Banksia Securities Limited (In Liquidation) (Receivers and Managers Appointed) (Banksia). ASIC alleges that: Banksia’s financial reports for ...
ACCA welcomes the EU Commission’s proposal on taxation information amendment
June 26th, 2017
More tarnsparemncy over aggressive Tax planning arrangements and Beneficial Ownership is welcome, but a balanced and consistent implementation is needed to maintain a level playing field, says ACCA ACCA (the Association of Chartered Certified Accountants) welcomes the European Commission’s ...
French Regulator proposes ways to reform the functioning of ESMA
June 26th, 2017
Financing, governance, direct powers: in its response to the European Commission’s public consultation on the review of European supervisory authorities, the Autorité des Marchés Financiers has drawn up proposals to strengthen ESMA for the benefit of convergence of supervision ...
Takata airbag-maker files for bankruptcy
June 26th, 2017
Japanese car parts maker Takata has filed for bankruptcy protection in the US and Japan. It is facing billions of dollars in liabilities over its defective airbags, which have been linked to at least 17 deaths worldwide. Some of ...
SafeCharge reveals research urging fintech innovation for marketplace payments
June 22nd, 2017
New research from Edgar, Dunn & Company, commissioned by SafeCharge (LON: SCH) the payments services partner for the world’s most demanding businesses, has revealed the challenges inhibiting the growth of marketplaces and is calling for fintech innovation to address ...
ASIC reports on supervision of registered liquidators for 2016
June 22nd, 2017
ASIC today released its sixth annual report into the supervision of registered liquidators. Report 532 ASIC regulation of registered liquidators: January to December 2016 details the supervisory, enforcement, stakeholder liaison, policy and educative work ASIC undertook in its commitment ...
Legal Analytics platform expands into commercial law
June 21st, 2017
Lex Machina, a LexisNexis company, today announced the expansion of its award-winning Legal Analytics® platform into commercial law, the largest of all federal practice areas, and Lex Machina’s most ambitious expansion to date. The new commercial module represents the ...
Robert Evans III Named Deputy Director in SEC’s Division of Corporation Finance
June 21st, 2017
The Securities and Exchange Commission (SEC) announced that Robert Evans III has been named Deputy Director in the agency’s Division of Corporation Finance. He will join Deputy Director Shelley Parratt as a senior advisor to the division’s director, William ...
