Search Results for: law
US Senator: Coal Boss Has ‘Blood on His Hands’
April 3rd, 2014
Four years into the criminal investigation of the nation’s worst mining disaster in decades, federal officials told ABC News that prosecutors are now focused on the role of West Virginia coal boss Donald L. Blankenship. “I believe this permeated ...
Credit Suisse Restates Fourth-Quarter Loss on U.S. Tax Provision
April 3rd, 2014
Credit Suisse Group (CSGN) AG, the second-biggest Swiss bank, restated its fourth-quarter loss after taking additional provisions related to the U.S. probe into whether the bank helped Americans evade taxes. The net loss amounted to 476 million Swiss francs ...
CySec: regarding the ASPs obligations for preparing and filing annual/monthly reports and accounts
April 3rd, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority has announced the following regarding the ASPs obligations for preparing and filing annual/monthly reports and accounts: 1. Pursuant to article 11(1)(c) of the Law regulating Companies providing Administrative ...
Sheryl Sandberg slashes Facebook holdings
April 2nd, 2014
Sheryl Sandberg, Facebook’s number two executive, has shed more than half her stake in the social networking company since its initial public offering less than two years ago, according to an analysis of recent regulatory filings. The series of ...
Ukraine crisis: NATO suspends cooperation with Moscow
April 2nd, 2014
NATO will suspend “all practical civilian and military cooperation” with Russia because of its annexation of Crimea, saying it has seen no sign that Moscow was withdrawing troops from the Ukrainian border. Foreign ministers from the 28 members of ...
Europe Index Futures Rise With Asia as Yen Retreats
April 2nd, 2014
European index futures climbed with Asian stocks, Treasuries fell and the yen retreated before reports that may signal the U.S. economic recovery is gathering pace. New Zealand’s dollar weakened and gold rebounded. The MSCI Asia Pacific Index added 0.4 ...
ASIC: lender pays $30,600 penalty for misleading online advertisements
April 2nd, 2014
Australian Securities and Investments Commission (ASIC), has announced that “Paid International Ltd”, formerly known as First Stop Money Ltd, has paid $30,600 in penalties after ASIC issued three infringement notices for making misleading representations in its online advertisements. The ...
CySec: suspension of Licence authorisation
March 31st, 2014
The Cyprus Securities and Exchange Commission announces the continuity of the suspension of the authorization of the Cyprus Investment Firm, Infina Investments (Cyprus) Limited, with number 099/09 until 21st May2014. The suspension of the authorization is in pursuant to section ...
Insolvency profession says fee changes will see fewer rescues
March 31st, 2014
THE INSOLVENCY PROFESSION believes that government proposals to change fee structures in corporate collapses will lead to fewer business rescues. More than three quarters (77%) of practitioners said that enforcing the use of fixed-fees would lead to practitioners taking ...
Dashed Ikea Dreams Show Decades Lost to Bribery in Ukraine
March 31st, 2014
Almost half of Ukrainians say they desire Ikea products more than any other global brand, yet the largest home-furnishings retailer hasn’t been able to crack the market in a decade of trying. The reason: it won’t pay a bribe. ...
