Search Results for: law
The EU is taking another look at regulating crypto
August 30th, 2018
Cryptocurrency traders and issuers of virtual currencies are in for a fresh round of scrutiny from European politicians. Finance ministers from the European Union’s 28 member states will discuss a host of challenges posed by the growing popularity of ...
Former FIFA official jailed in bribery scandal
August 30th, 2018
The Former FIFA official jailed for nine years after he was convicted last year of racketeering and other charges related to a corruption scandal. Juan Angel Napout, from Paraguay, the former head of South America’s footballing body, was sentenced ...
Moody’s credit ratings agency to pay $16.25 million in penalties to settle charges
August 29th, 2018
The U.S Regulator, Securities and Exchange Commission (SEC), announced that Moody’s Investors Service Inc., one of the nation’s largest credit ratings agencies, has agreed to pay a total of $16.25 million in penalties to settle charges involving internal control ...
Data protection complaints in UK doubled since GDPR took effect
August 28th, 2018
The number of data protection complaint reported to UK regulators has nearly doubled since the introduction of new data protection laws, the Information Commissioner’s Office (ICO) has said. Saturday marks three months since the General Data Protection Regulation (GDPR) ...
U.K. accounting faces chaos in no-deal Brexit
August 28th, 2018
Accounting in the U.K. would be thrown into chaos if the country fails to strike a deal on how to leave the European Union, which looks increasingly likely. “Things could simply stop,” Anthony Walters, Head of Public Affairs at ...
Individual and a Company fined in virtual currencies fraud
August 27th, 2018
A New York federal court entered final judgment ordering Patrick K. McDonnell of Staten Island, New York, and CabbageTech, Corp. d/b/a Coin Drop Markets (CDM), McDonnell’s New York-based company, to pay over $1.1 million in civil monetary penalties and ...
UK Banks advocate Brexit deal on financial services
August 23rd, 2018
Several UK financial services enterprises have urged the government to strike a deal with the EU allowing British banks, insurers, and wealth managers to do business on the continent free of any possible restrictions. Kristian Rouz — The British ...
A new legal challenge to Brexit is filed
August 17th, 2018
The UK in EU Challenge group, an anti-Brexit organization consisting largely of British expatriates living in Spain, France and Italy, filed a new legal challenge to Brexit Tuesday alleging that the referendum vote was not a fair vote and the ...
Housing bubble in the UK?
August 16th, 2018
A housing bubble in the UK is gradually deflating due to an ongoing massive sale of residential properties fuelled by Brexit concerns, which is poised to alleviate lingering affordability issues. UK housing prices falling at fastest rate since 2009 ...
End Of Credit Cycle Dynamics
August 15th, 2018
While there is no starting-pistol that tells us the final phase of the credit cycle leading into the next credit crisis has actually begun, nearly all the signs point to it being the case for the US economy. ...
