Search Results for: legal
CFTC launched RED LIST of Foreign Entities that Trade Foreign Currency and Binary Options
September 10th, 2015
CFTC Publishes List of Foreign Entities that Illegally Solicit U.S. Residents to Trade Foreign Currency and Binary Options The New Registration Deficient ‘RED List’ Identifies Companies Operating Illegally The Commodity Futures Trading Commission’s (CFTC) USA, has issued a press ...
World’s largest law firms to be ‘lawyerless’ within five years
September 9th, 2015
Uber and Facebook cited as examples of what a future legal practice might look like Within the next five years the world’s largest law firms will not employ its own lawyers, is a bold prediction by the UK’s leading ...
IG says 15 clients have filed Swiss franc cases with UK ombudsman
September 9th, 2015
Around 15 IG Group clients have filed cases with Britain’s Financial Ombudsman over losses incurred during a surge in the value of Swiss Franc in January, the online trading platform’s interim chief executive told Reuters on Tuesday. IG has ...
Credit Suisse challenges court order to pay $288 mn in mortage suit
September 9th, 2015
Swiss banking giant Credit Suisse on Monday challenged a court ruling ordering it to pay a US hedge fund $287.5 million (257.6 million euros) in a case linked to the burst housing bubble. A court in the US state ...
EBA updates on remuneration practices and high earners data for 2013 across the EU
September 8th, 2015
The European Banking Authority (EBA) published today a report combining the benchmarking of remuneration practices across the European Union and aggregated data on the remuneration of EU institutions’ staff who received, in total, EUR one million or more in 2013. The ...
Credit Suisse Ordered to Pay Highland Capital $287.5 Million
September 7th, 2015
Credit Suisse Group AG was ordered by a Texas judge to pay Highland Capital Management LP $287.5 million for losses on a $540 million refinancing of a shaky real estate development. Highland had sought $377 million in damages in ...
7 Ways Accountants Provide Value to Their Clients
September 4th, 2015
“What am I getting for my money?” When you provide a service and expect people to pay you, it’s reasonable to expect they will ask this question. In most professions, establishing your worth is the value proposition. How do ...
The danger of eliminating cash
September 4th, 2015
In the early days of central banking, one primary objective of the new system was to take ownership of the public’s gold, so that in a crisis the public would be unable to withdraw it. Gold was to be ...
History of Bitcoin: The journey of a virtual currency
September 3rd, 2015
The biggest thing to hit the global market since the invention of currency is the word “Bitcoin”. What started merely as an alternate electronic payment system soon became the seventh wonder of modern economy. But while most of us ...
Dechert enters Saudi Arabia with Hassan Mahassni association as Shearman opens in Dubai
September 3rd, 2015
After Saudi Arabia‘s liberalisation of its capital markets, Dechert has established a presence in the Kingdom by forming an association with the Law Firm of Hassan Mahassni. Shearman & Sterling also bolstered its presence in the Middle East with ...