Search Results for: legal
5 Mistakes You Should Avoid When Starting A FinTech Company
October 9th, 2015
Even though I worked at a bank for years before founding Coinsetter in late 2012, it’s incredible how little I ultimately knew about how banks and financial institutions work behind the scenes. Starting a bitcoin exchange has been a ...
Annan tells lawyers to go beyond their duty to clients
October 9th, 2015
Former UN Secretary-General Kofi Annan told the International Bar Association in Vienna that, when it comes to business and human rights, corporate lawyers have a higher duty than meeting the expectations of their clients. Mr Annan (pictured) was speaking ...
SEC: Blackstone to Pay Nearly $39 Million Settlement
October 8th, 2015
Blackstone Charged With Disclosure Failures Private Equity Advisers to Pay Nearly $39 Million Settlement The Securities and Exchange Commission announced that three private equity fund advisers within The Blackstone Group have agreed to pay nearly $39 million to settle ...
EU Court Says Data-Transfer Pact With U.S. Violates Privacy
October 7th, 2015
Decision will affect about 4,500 companies that move, store personal data The European Union’s highest court on Tuesday struck down a trans-Atlantic pact used by thousands of companies to transfer Europeans’ personal information to the U.S., throwing into jeopardy ...
FCA introduces new rules on whistleblowing
October 7th, 2015
The Financial Conduct Authority (FCA), alongside the Prudential Regulation Authority (PRA), has today published new rules in relation to whistleblowing. These changes follow recommendations in 2013 by the Parliamentary Commission on Banking Standards (PCBS) that banks put in place mechanisms to ...
Numbers of foreign firms in China declines for first time
October 7th, 2015
The total number has fallen from 178 to 170 in the last 12 months, according to figures published by the Chinese Ministry of Justice. The number of offices fell from 232 to 225. This is the first time that ...
US, states announce settlement with BP over gulf oil spill
October 6th, 2015
The Justice Department and five states on Monday announced a $20 billion final settlement of environmental damage claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The deal, once approved by a judge, would ...
CySec announces acquisition of CIF (Cyprus Investment Firms) licence
October 6th, 2015
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has announced that “UR Trade Fix Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally ...
Playtech Plc: Update on the acquisition of Ava Trade Ltd
October 6th, 2015
Playtech: Further to its announcement yesterday, the Board announces an update on the acquisition of Ava Trade Ltd. (“Ava Trade”). The Central Bank of Ireland (“CBI”) has reverted to the Company’s Irish legal advisers and clarified its position. Following ...
Deloitte wins ‘Audit Innovation of the Year’ at 2015 International Accounting Bulletin awards
October 5th, 2015
Deloitte’s commitment to leading the profession in audit quality has been recognized with International Accounting Bulletin’s prestigious “Audit Innovation of the Year” award for its demonstrated dedication to innovation and the development of leading-edge tools to transform audit service delivery. International ...
