Search Results for: law
India Says New Tax Won’t Apply to Foreign Institutional Investors
September 3rd, 2015
Move on minimum alternate tax is aimed at calming investors’ concerns India said Tuesday that it wouldn’t go through with plans to apply a controversial tax to international portfolio investors, hoping to calm concerns about the country amid global ...
Dechert enters Saudi Arabia with Hassan Mahassni association as Shearman opens in Dubai
September 3rd, 2015
After Saudi Arabia‘s liberalisation of its capital markets, Dechert has established a presence in the Kingdom by forming an association with the Law Firm of Hassan Mahassni. Shearman & Sterling also bolstered its presence in the Middle East with ...
What Gigantic natural gas discovery in Egypt’s coast promises means
September 3rd, 2015
Huge offshore gas field could end Egypt’s fuel crisis, but will take years to develop The discovery of a huge gas field off Egypt’s coast promises to ease a long-running fuel crisis and boost the economy after years of ...
Eleven Crazy Days — Many More Coming
September 3rd, 2015
Twelve months ago the world was happily sailing along in the Great Moderation, with financial markets that moved gracefully higher most of the time but even in their rare negative moments didn’t cause too much angst. The eleven trading ...
Atom taps Durham University maths department to develop new banking model
September 2nd, 2015
Digital challenger bank Atom is collaborating with Durham University and the UK government on a research project to develop a new model for retail banking. The project begins this autumn and is part-funded by Innovate UK, under the Knowledge ...
UBS Unit to Pay More Than $2.9 Million to Investors in Puerto Rico
September 2nd, 2015
Bank’s wealth-management unit ordered to pay two investors for losses tied to island’s municipal bonds UBS AG’s wealth-management unit was ordered to pay more than $2.9 million to two investors in Puerto Rico for losses tied to funds holding ...
CySec informs CIF’s and set deadline to comply regarding their web address and Domain name
September 2nd, 2015
The Cyprus Securities and Exchange Commission (CySec) has issued a circular to inform CIF’s regarding the website address they use, their Domain name and possible redirection of their clients to a website of another person. Specific, CySec wishes to ...
China stocks reverse losses after brokerages pledge support; Hong Kong flat
September 2nd, 2015
China stocks clawed back sharp early losses on Wednesday amid speculation that the government is putting fresh pressure on brokerages to support the market. Nine Chinese brokerages have pledged additional funds worth over 30 billion yuan ($4.71 billion) to ...
Russia’s Fist Just Clenched Around the Internet a Little Tighter
September 2nd, 2015
A new Russian law imposes restrictions on foreign Internet firms. It’s a feeling locals already know all too well. Global Internet firms operating in Russia wake up on Tuesday to a new era in Kremlin regulation. A law now ...
India And Germany To Share More Information On Tax
September 1st, 2015
The governments of India and Germany have agreed to continue negotiations on a partial revision of their bilateral double tax avoidance agreement with a view to introducing automatic exchange of tax information, the Indian Government has announced. As part ...
