Search Results for: law
Legal sector at tipping point as technology concerns take hold
March 17th, 2017
The global legal industry is at a tipping point as firms struggle to keep up with advancements in technology that continue to disrupt the market, according to a new report published today by accountancy and business advisory firm BDO ...
China’s new bitcoin rules call for identity check
March 17th, 2017
China’s central bank is moving to regulate its domestic bitcoin industry, circulating new guidelines that, if enacted, would require exchanges to identify clients and adhere to banking regulations. Recent scrutiny by the central bank has already led exchanges to ...
British HSBC chief faces probe into tax affairs
March 17th, 2017
The boss of Britain’s biggest bank is facing a probe over his tax affairs after insisting his main home is in Hong Kong. HSBC chief exec Stuart Gulliver, 58, is fighting HMRC’s bid to claw back cash despite working ...
UK Legal chiefs say the Government should give EU citizens unrestricted access to UK jobs – Brexit
March 17th, 2017
Legal chiefs say the Government should give EU citizens unrestricted access to UK jobs in post-Brexit Britain and claim that British workers do not lose out to EU migrant labour. But they agree that the UK Government, not the ...
Mergers faced greater scrutiny in 2016, magic circle firm reports
March 16th, 2017
Magic circle firm Clifford Chance has said it is becoming increasingly difficult to push through mergers in concentrated markets where there are few big players, particularly in the EU. The firm said that jurisdictions, including the EU, are claiming ...
CySec informs on offering bonuses to retail investors
March 16th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to provide additional guidance on the types of bonus incentives not permissible to be offered to retail clients by Cyprus Investment Firms (CIFs). This current Circular is following ...
What FBI do to combat Binary Options fraud
March 16th, 2017
Stock options. It’s a pretty common investment term meaning, in general, that one party sells or offers to another party the opportunity to invest by buying a particular stock at an agreed upon price within a certain period of ...
Judge rejects PwC’s request For mistrial In MF Global case
March 16th, 2017
In an unsurprising move, the judge overseeing bankrupt commodities broker MF Global’s $3 billion suit against PwC rejected the accounting firm’s request for a mistrial, saying PwC’s lawyers can challenge MF Global’s arguments in court over the rest of ...
Supervisory Authorities around the world warn for unathorised financial services providers
March 16th, 2017
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Ireland (Central Bank of Ireland), Spain (Comisión Nacional del Mercado de Valores – CNMV), Luxembourg (Commission de Surveillance du Secteur Financier – CSSF), Hong Kong (Securities and ...
CySec decided to wholly withdraw the license of a Cyprus Investment Firm
March 15th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public that the Commission decided to wholly withdraw the CIF authorization with number CIF 085/07 of Atlas Capital Financial Services Ltd. CySec has suspended ...
