Search Results for: law
Saudi Arabia expected to retain popularity in private equity investment
May 5th, 2015
Saudi Arabia will remain a favoured destination for private equity investment in the coming years in spite of volatile oil prices and instability in neighbouring Yemen, investment professionals said yesterday. Lower oil prices in the past year are unlikely ...
Credit Suisse dropped SEC waiver request amid opposition – sources
May 5th, 2015
Credit Suisse (CSGN.VX) has quietly withdrawn a request for a waiver to raise capital more easily, after U.S. Securities and Exchange Commission staffers told the bank in recent weeks it would not win approval, people familiar with the matter told ...
Morgan Stanley Says Litigation with Deutsche Bank Could Cost It Around $300 Million — Filing
May 5th, 2015
Suit over legacy-mortgage matters continues Morgan Stanley said on Monday that a continuing lawsuit with Deutsche Bank over legacy mortgage matters could cost it nearly $300 million. In April 2014, Deutsche Bank accused Morgan Stanley in a complaint of making false representations ...
BaFin: Market manipulation – Pre-arranged trades and wash sales
May 4th, 2015
BaFin has published an article with important information for investors regarding Market manipulation – Pre-arranged trades and wash sales. Trading securities to gain would-be tax advantages could boomerang back to investors if the transactions involve pre-arranged trades or wash ...
Potential for fees to fall as legal fee tracking hits the big time in the UK
May 4th, 2015
Fifteen firms – including Macfarlanes, Norton Rose Fulbright and Taylor Vinters – have signed up to Apperio, a legal fees platform which claims to be cutting fees for clients by 12%. The other firms include Taylor Wessing, Mishcon de ...
BVI Launches FATCA Reporting Platform
May 4th, 2015
The British Virgin Islands (BVI) Government has told financial institutions that the deadline for registration under its newly launched Financial Account Reporting System (BVIFARS) to facilitate FATCA compliance is June 1, 2015. Financial institutions required to submit information to ...
Mazars speeds up its development and strengthens its presence in Germany
May 4th, 2015
The firm Roever Broenner Susat joins Mazars’ International Integrated Partnership. As part of its global growth strategy, Mazars constantly strives to identify and integrate top talents from firms that share its values and demonstrate excellence and continued professionalism. ...
HSBC whistleblower claims work ‘not done yet
May 4th, 2015
Herve Falciani, a former HSBC employee who leaked information on the bank’s clients and tax situation, has told Spanish newspaper El Mundo he had knowledge of other cases and could act again, adding his “work was not done”. Mr ...
Tripartite summit to discuss regional issues, oil and gas
April 29th, 2015
The heads of state of Cyprus, Greece and Egypt hold talks on the island on Wednesday, followed by a tripartite summit and the signing of the ‘Nicosia Declaration’, a document expanding and building on the ‘Cairo Declaration’ concluded among ...
Coinzone to Launch Dedicated Bitcoin Wallet for Europe
April 28th, 2015
Simple and secure web-based wallet will make it easy for European consumers to send, receive, buy and sell Bitcoin Coinzone, a leading Bitcoin payment solution provider dedicated to making it easy for European merchants and consumers to use and ...
