Search Results for: Sage
Irishman fined €2,000 for Facebook ‘frape’
July 2nd, 2014
An Irish court has brought the first prosecution for criminal damage to a social media account, fining a man €2,000 for falsely posting an offensive status update on his ex-girlfriend’s Facebook account. Referred to by the slang term to ...
Hong Kong Approves Budget Tax Cuts
July 1st, 2014
Hong Kong’s Secretary for Financial Services and the Treasury Professor KC Chan has welcomed the passage of the Inland Revenue (Amendment) Bill 2014 by the Legislative Council on June 25, which gave effect to two major revenue measures proposed ...
The Sterner, Stricter SEC
July 1st, 2014
As Mary Jo White sees it, the Securities and Exchange Commission’s job is to patrol Wall Street and Main Street and catch financial fraudsters. Since becoming the agency’s chair in April 2013, White, a former federal prosecutor and defense ...
EU Bans Imports from Russia-Annexed Crimea
June 25th, 2014
The European Union has banned imports from Crimea, the Ukrainian area annexed by Russia, saying it would never recognise Russia’s illegal military intervention in Ukraine. The Council of European Union (EU) decided in a meeting of 28 EU foreign ...
Andy Coulson guilty over phone hacking as Rebekah Brooks walks free
June 24th, 2014
David Cameron’s former communications chief Andy Coulson is facing jail after being found guilty of conspiring to hack phones while he was editor of the News of the World. Rebekah Brooks, his predecessor in the job, walked free from ...
Australian Directors jailed for breaching director duties
June 20th, 2014
Australia’s market regulator ASIC, in its effort to keep the financial system secure has sentenced some directors for breaching essential director duties. Therefore, ASIC has published the following press release: Mr Ronald David Williams and Mr Gary David Maile, former ...
Post-Crash Economics
June 19th, 2014
In last month’s European Parliament election, euroskeptic and extremist parties won 25% of the popular vote, with the biggest gains chalked up in France, the United Kingdom, and Greece. These results were widely, and correctly, interpreted as showing the ...
German Bank reopens 10-year Federal bonds
June 17th, 2014
The German Bank, Deutsche Bundesbank, has announced the reopening of 10-year Federal bonds with an invitation to bid by auction. For the account of the Federal Government, the German Finance Agency, through Deutsche Bundesbank, will reopen the 1.50 % ...
‘Bitcoin Jesus’ Calls Rich to Tax-Free Tropical Paradise
June 16th, 2014
He’s known as Bitcoin Jesus in the world of cyber-currencies. Though he can’t promise you heaven, he is offering a haven: a condo in the Caribbean that comes with a new passport and almost zero taxes. Meet Roger Ver, ...
New EU Bank-Creditor Loss Rules Leave Room for Confusion
June 13th, 2014
The European Union has served notice that senior bondholders will be in the firing line for losses when banks go bust, yet the law’s fine print leaves room for confusion. Policy makers from Michel Barnier to Jeroen Dijsselbloem have ...