Search Results for: law
Gox bankruptcy judge rejects CoinLab complaints over Sunlot Bid
May 29th, 2014
The U.S. judge presiding over the MtGox bankruptcy proceedings has rejected complaints by CoinLab that proposals to save the exchange are being unfairly executed. Last year, Seattle-based Coinlab had sued MtGox for $75 million over a botched deal. It ...
SAC Prosecutor Tells SEC Cohen’s Case Should Be Delayed
May 29th, 2014
An administrative proceeding filed against SAC Capital Advisors LP founder Steven A. Cohen by the Securities and Exchange Commission should be put on hold because prosecutions of his former employees aren’t fully resolved, the government told an agency judge. ...
Credit Agricole Said to Accuse EU of Bias in Euribor Case
May 28th, 2014
Credit Agricole SA (ACA), which refused to settle an antitrust probe over Euribor manipulation, accused European Union regulators of bias and said they should step down from the case, according to two people with knowledge of a letter the ...
Levine on Wall Street: Wise Rabbits and Philosophical Regulators
May 28th, 2014
Paul McCulley is back. Pimco’s new chief economist is Paul McCulley, back for his third stint at the firm that he previously left in 1992, returned to in 1999, and left again in 2010. So he knows what the ...
CySec fines Sheltons Services Ltd
May 28th, 2014
Announcement from CySec The Cyprus Securities and Exchange Commission (‘CySEC’) wishes to inform all interested parties that: 1. On March 27, 2014 CySEC decided to impose a €5.000 fine to Sheltons Services Ltd (the Company) as it provided administrative services ...
Former Barclays New York Trio Face Libor Charges in U.K. Court
May 27th, 2014
Three former Barclays Plc (BARC) New York derivatives traders appeared at a London court after being charged with manipulating Libor by U.K. prosecutors, in the second group from the British bank to face U.K. criminal action. Ryan Reich, Alex ...
CIPA announces naturalization Scheme
May 27th, 2014
The Institute of Certified Public Accountants of Cyprus (ICPAC) has announced the Scheme for Naturalization of Investors In Cyprus By Exception, as published by the CIPA (Cyprus Investment Promotion Agency). The paper includes all the necessary information for the Naturalization ...
The under-fire Asian finance function where jobs face a serious new threat
May 27th, 2014
If you’re an accountant at the Big Four in Hong Kong, now is a good time to start planning how you might move to the banking sector or transfer to mainland China. China’s Ministry of Finance announced a draft ...
ASIC encourages platforms to review compliance with class orders
May 27th, 2014
The Australian Securities and Investments Commission (ASIC) is encouraging platforms to review ongoing compliance with ASIC class orders and to ensure they are ready for the changes under new class orders coming into full effect for established operators on ...
Cyprus Savers Sue ECB, Commission Amid Losses in Rescue Plan
May 27th, 2014
Cyprus bank depositors sued the European Central Bank and the European Commission for putting them in the firing line as part of last year’s rescue package for the crisis-hit Mediterranean nation. The savers filed four lawsuits demanding compensation after ...
