Search Results for: legal
Facebook’s transfer of European Union users’ data to the United States – Court ordered investigation
October 22nd, 2015
Irish court orders investigation of Facebook data transfers to US Ireland’s High Court on Tuesday (20 October) ordered an investigation into Facebook’s transfer of European Union users’ data to the United States, to make sure personal privacy was properly ...
Over $31 Million in penalties for Fraud and Ponzi Scheme Operator
October 21st, 2015
In a Related Criminal Action, John R. Bullar was sentenced to 8 Years 4 Months in Prison and Ordered to Pay over $6 Million in Criminal Restitution The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Michael ...
ACCC investigating banks’ closure of bitcoin companies’ accounts
October 20th, 2015
The Australian Competition and Consumer Commission is investigating why Australian banks are closing the accounts of bitcoin businesses, amid concerns banks are colluding to block emerging competitors. ACCC chairman Rod Sims told The Australian Financial Review the investigation was ...
Morgan Stanley’s trading rout sets grim tone for fourth quarter
October 20th, 2015
Morgan Stanley on Monday warned that there was little hope for a quick turnaround in its key trading business given the persistence of global growth concerns that helped pummel the bank’s third quarter earnings. Chief Executive James Gorman was ...
Oil prices slip as China Q3 GDP growth falls
October 19th, 2015
Oil prices dipped on Monday as China’s economic growth eased in the third quarter to grow at the slowest pace since the start of the global financial crisis. Brent for December delivery was down 18 cents at $50.28 a ...
Samsung Electronics Collaborates with Thomson Reuters to Explore Joint Opportunities in B2B Business
October 19th, 2015
Samsung Electronics Co., Ltd., has announced its collaboration with Thomson Reuters, the world’s leading intelligent information provider for businesses and professionals, as an enterprise solution partner. The two companies will explore the development and optimization of enterprise solutions through ...
Deutsche Bank announces comprehensive organizational restructuring and reorganization of key management roles
October 19th, 2015
Deutsche Bank will fundamentally change its group and leadership structure. At an extraordinary meeting today in Frankfurt, the Supervisory Board of Deutsche Bank resolved to restructure the Bank´s business divisions. This will be supplemented by a reorganization of executive ...
The Common Reporting Standard: Automatic Information Exchange Goes Global
October 16th, 2015
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...
Deutsche Börse completes acquisition of trading platform for OTC instruments 360T
October 16th, 2015
Kengeter: “Acquisition is a strategic fit as it broadens Deutsche Börse’s asset class spectrum”/ Significant synergies, cross-selling and innovative product development planned Today Deutsche Börse completed the acquisition of 360T, following the approval of relevant antitrust authorities and the ...
UAE and India to enhance investments, bilateral ties
October 15th, 2015
Two nations pledge to remove hurdles to boost trade by 60%. The UAE and India have agreed to collaborate closely to identify bottlenecks to trade and new areas of trade with the aim of increasing two way trade by ...
