Search Results for: UBS
SRA Board approves changes to the education and training regulations
May 22nd, 2014
The Solicitors Regulation Authority (SRA) Board has today (Wednesday 21 May) approved changes to the SRA training regulations. The changes form part of the SRA’s ongoing Training for Tomorrow programme of reform and Red Tape Initiative. The next step ...
eBay makes users change their passwords after hack
May 22nd, 2014
Online marketplace eBay is forcing users to change their passwords after a cyber-attack compromised its systems. The US firm said a database had been hacked between late February and early March, and had contained encrypted passwords and other non-financial ...
GBP/USD targets 1.70
May 22nd, 2014
Pair’s Outlook The Pound preserves the upward momentum and it seems to be well-positioned to launch an attack on the 2009 highs once the weekly R1 is out of the way. And while the weekly and monthly technical studies ...
Simmons and HSF join list of firms eyeing ventures in Shanghai Free Trade Zone
May 22nd, 2014
Simmons & Simmons and Herbert Smith Freehills (HSF) are the latest UK law firms to have expressed an interest in the Shanghai Free Trade Zone (SFTZ) after recent reports that the scheme would allow tie-ups between international and PRC ...
BNP Case Shows French Companies Learn U.S. Law Hard Way
May 22nd, 2014
Some French companies have been slow to learn that doing business in the U.S. means obeying its laws. U.S. authorities are seeking a record fine against BNP Paribas SA (BNP) that would make it the first French bank since ...
JPMorgan’s Problem of “Sons and Daughters” program is widely practice
May 22nd, 2014
The long investigation of JPMorgan’s hiring practices in China has reached a milestone: A Hong Kong anti-corruption organization has formally arrested Fang Fang, the bank’s former vice president of investment banking in Asia. Fang Fang, who has been released ...
SFC reprimands and fines ICBC International Capital Limited and ICBC International Securities Limited
May 21st, 2014
The Securities and Futures Commission (SFC) has reprimanded ICBC International Capital Limited (ICBCI Capital) and ICBC International Securities Limited (ICBCI Securities) (collectively ICBCI) and fined them $12.5 million respectively in relation to their role in the initial public offering ...
ASIC takes civil action against Astra Resources and its directors
May 21st, 2014
The Australian Securities and Investments Commission (ASIC) has started legal action against Astra Resources PLC (Astra Resources) and its directors, alleging the company illegally raised more than $7.6 million from almost 300 Australian investors between September 2011 and September ...
German regulator BaFin finds currency manipulation evidence
May 21st, 2014
BaFin, the German regulator, said it had found concrete evidence that traders attempted to manipulate the global currency market, making it the first financial watchdog to confirm that suspicions of wrongdoing have clear grounds. Raimund Röseler, the head of ...
US pivotal to OECD tax plan
May 20th, 2014
It’s becoming increasingly apparent that the OECD’s plan to reduce tax base erosion and profit-shifting, as laudable as it is, is hugely reliant on the US making significant and drastic alterations to its corporate regime if it is to ...
