Search Results for: PRA
Facebook Plan For WhatsApp Data Poses Legal Risks
August 29th, 2016
When WhatsApp announced on Thursday that it would start sharing data with its corporate parent, Facebook, some of its fans howled that the popular messaging service was betraying long-held promises to protect their privacy. But for the companies, angry users ...
Innotribe and Innovate Finance launch Global FinTech Hubs Federation initiative
August 29th, 2016
Innotribe, SWIFT’s innovation arm, and Innovate Finance, the independent membership organisation for global FinTech, today announced the launch of the Global FinTech Hubs Federation (GFHF) to help foster innovation across the world’s financial services industry. To date, more than ...
EU accused US of ‘acting like a tax haven’
August 29th, 2016
US accused of ‘acting like a tax haven’ for threatening retaliation against Brussels’ anti-trust investigations into Apple, Amazon and Starbucks The US has been accused of “behaving like a tax haven”, in an escalating war of words between Washington ...
Investors are pushing into Emerging-market stocks; 20% rise over the past six months
August 29th, 2016
China’s economy is inexorably slowing. Turkey’s sprawling post-coup purge continues apace. Western sanctions against Russia will remain in force for as long as Moscow keeps meddling in Ukraine. Brazil’s brief Olympic distraction is over, so it’s back to the business of dealing with acrippling recession and wrenching ...
Accountant in UK jailed from fraud
August 26th, 2016
A Financial Controller who defrauded his company by nearly £25,000 has been jailed for 18 months. Gurmukh Shehri, 33, from Woolwich, had day-to-day oversight of his company’s salary payment function when he committed the offences. He was sentenced at ...
Fake law firm used Craigslist to find real lawyers to do their work
August 26th, 2016
A fake law firm reportedly used Craigslist to find real lawyers to do their work while reeling in hundreds of clients who were near being foreclosed from their homes. The Sun-Sentinel reports that the owners of The Asset Protection ...
Bitcoin Privacy Tool ‘CoinShuffle’ Sees First Transaction
August 26th, 2016
A type of anonymous bitcoin transaction that privacy enthusiasts have been awaiting for years has finally been tested successfully. Sent on the bitcoin test network earlier this month, the transaction is possibly the first real-world implementation of CoinShuffle, a proposal that first ...
U.S. Warns Apple Tax Probe in Europe Could Set ‘Undesirable Precedent’
August 25th, 2016
Just weeks before the European Commission is expected to make a decision in its landmark Apple tax probe, the U.S. Treasury department has criticized the Brussels-based body for “threatening international agreements on tax reform,” and warned that a decision against ...
International law firm announced association in Saudi Arabia
August 24th, 2016
Leading international law firm Clifford Chance today announced that it has entered into an association with the newly established Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in Saudi Arabia. The association will commence operations later this year. It will replace ...
PwC to recruit over 1,000 technology specialists
August 23rd, 2016
PwC’s UK Risk Assurance practice is on track to recruit more than 1,000 technology specialists over the next four years to meet increasing client demand for digital, regulatory and cyber security services. The new recruits will work across all ...
