Search Results for: legal
EU Commission presents Action Plan to strengthen the fight against terrorist financing
February 3rd, 2016
The European Commission is presenting an Action Plan to strengthen the fight against the financing of terrorism. The recent terrorist attacks in the European Union and beyond demonstrate the need for a strong coordinated European response to combatting terrorism. ...
EU Commission and United States agree on new framework for transatlantic data flows: EU-US Privacy Shield
February 3rd, 2016
The College of Commissioners approved the political agreement reached and has mandated Vice-President Ansip and Commissioner Jourová to prepare the necessary steps to put in place the new arrangement. This new framework will protect the fundamental rights of Europeans ...
BaFin has published a report on FinTechs: Young IT companies on the financial market
February 1st, 2016
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) of Germany, has published a report on the topic FinTechs: Young IT companies on the financial market. According to BaFin, an internal BaFin project group started work on the topic ...
Deloitte UK launches a new regulatory and investor reporting managed service
February 1st, 2016
Deloitte UK launches Prisma, a new regulatory and investor reporting managed service The service supports global regulatory requirements, including new PRIIPs regulation. Deloitte, the business advisory firm, today launches Prisma, which helps investment managers, banks and insurance firms to ...
Barclays, Credit Suisse Charged With Dark Pool Violations
February 1st, 2016
The latest update regarding the charges is that Barclays and Credit Suisse Agree to Dark Pools Settlements Barclays Plc and Credit Suisse Group AG agreed to settle allegations by New York’s top cop and the U.S. Securities and Exchange ...
European Commission presents new measures against corporate tax avoidance
January 29th, 2016
European Commission has issued a press release to inform on a proposal for Fair Taxation. As stated, proposals aim for a coordinated EU wide response to corporate tax avoidance, following global standards developed by the OECD last autumn. New ...
CySec announced a new CIF license
January 28th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has announced that “AVUS CAPITAL CY LTD“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the supervision of ...
Which country is the World’s Favorite New Tax Haven?
January 28th, 2016
The World’s Favorite New Tax Haven Is the United States Moving money out of the usual offshore secrecy havens and into the U.S. is a brisk new business. Last September, at a law firm overlooking San Francisco Bay, Andrew ...
Looking to find lawyers online? A new website transforms the way we find them
January 28th, 2016
Brisbane lawyer launches comparison shopper site for legal firms A young Brisbane woman has transformed the way we find lawyers online by creating a website likened to Webjet for lawyer services. LawyerQuote provides an online platform for users to ...
Greece Is First EU Country Out Of The Gate To Buy Iranian Oil
January 27th, 2016
Greece, once a leading European customer of Iranian oil before the imposition of Western sanctions in 2012, will be the first European country to resume buying Iranian crude now that the sanctions have been lifted. The country’s biggest oil ...
