Bank of Russia revoked the banking licence from a credit institution
April 6th, 2017
By its Order No. OD-872, dated 5 April 2017, the Bank of Russia revoked the banking licence from the Kazan-based credit institution LIMITED LIABILITY COMPANY TATARSTAN AGRICULTURAL AND INDUSTRIAL BANK or LLC TATAGROPROMBANK (Registration No.728) from 5 April 2017. The decision was made following the complete loss of capital by LLC TATAGROPROMBANK, ...
China court orders Samsung to pay $11.6 million to Huawei over patent case: local media
April 6th, 2017
A Chinese court has ordered Samsung Electronics‘s mainland subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies for patent infringement, the China firm’s first victory against Samsung on its legal challenges over intellectual property. Three units ...
JAB Steps Up Coffee Challenge With $7.5 Billion Panera Deal
April 5th, 2017
Krispy Kreme owner buys bakeries to take on Nestle, Starbucks Deal includes assumption of $340 million in Panera debt JAB Holding Co. agreed to buy Panera Bread Co. for about $7.5 billion, adding a fast-growing U.S. bakery chain to a food ...
Bitcoin Could Soon Be Accepted at 260,000 Stores in Japan
April 5th, 2017
Japan’s legal classification of bitcoin as a payment method is set to trigger a bitcoin boom in adoption as retailers make haste to accept the world’s most popular cryptocurrency. Late last year, Japanese officials took the formal decision to ...
LexisNexis announces first legal tech accelerator participants
April 5th, 2017
LexisNexis has announced the first five participants in its new Silicon Valley legal tech accelerator programme created to give startups a leg up in the legal tech industry and transform the business of law. LexisNexis’ aims to transform the ...
Junior Compliance Officer
April 4th, 2017
Junior Compliance Officer Reference Number: JCO2017 With over 1,000,000 clients since it was founded in 2009, XM has grown to a large and well established international investment firm and has become a true industry leader. With a workforce of ...
Clyde & Co faces £50,000 fine after SDT ruling
April 4th, 2017
International firm Clyde & Co has been fined £50,000 and three of its partners fined £10,000 following a Solicitors Disciplinary Tribunal ruling that they breached money laundering and accountancy rules. The decision, published yesterday by the Solicitors Regulation Authority, ...
Withdrawal of suspension of CIF authorisation
April 4th, 2017
CySec has released a decision to withdraw the suspension of the authorization of the Cyprus Investment Firm Dragon Options Ltd, number 223/14. Dragon Options Ltd was among the four Cyprus Investment Firms that CySec on 31/03/2017 decided to suspend their ...
Withdrawal of suspension of CIF authorisation
April 4th, 2017
CySec has published a decision to withdraw the suspension of the authorization of the Cyprus Investment Firm TTCM Traders Trust Capital Markets Ltd, number 107/09. TTCM Traders Trust Capital Markets Ltd was among the four Cyprus Investment Firms that CySec ...
A redaction error just revealed the other Uber employee facing legal action from Google
April 4th, 2017
Uber had tried to keep the name of Lior Ron out of the spotlight in its case against Waymo. However, an error in court redactions revealed that Otto cofounder Lior Ron was the second employee facing legal action in ...
