Search Results for: legal
HSBC, Hong Kong Under Scanner As US Steps Up Investigation Of American Tax Frauds
January 5th, 2015
HSBC Holdings and the city of Hong Kong, which were last month linked to an international tax evasion network, are currently under scrutiny as part of efforts by U.S. authorities to hunt down American tax evaders, the South China ...
FINMA: Switzerland Completes Financial Services Regulator Review
January 5th, 2015
The Swiss Federal Council has concluded that there is no fundamental need for comprehensive reform of the Financial Market Supervisory Authority (FINAMA), but has identified what it says are isolated areas where there is room for improvement. FINMA is ...
British law firms dominate 2014 sukuk issuance sector
January 2nd, 2015
Allen & Overy, Dentons and other UK law firms are dominating the sukuk issuance sector, along with British banks, even though Malaysia remains the geographical capital. Other leading firms are Linklaters, Slaughter and May, King and Spalding and Clifford ...
Latest on Digital Currencies
December 31st, 2014
India’s Central Bank Could One Day Use Digital Currency, Chief Says Reserve Bank of India (RBI) governor Raghuram Rajan spoke out on bitcoin at a televised event organised by the NDTV network late last week. During the discussion, which ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
December 30th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “Granfeld Wealth Management Ltd.“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under ...
US city files suit against Brazil’s Petrobras for securities fraud
December 30th, 2014
The City of Providence, Rhode Island filed a class action suit against Brazil’s state-run oil company Petrobras on Wednesday in the US District Court for the Southern District of New York. The complaint alleges Petrobras engaged in a fraudulent ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
December 29th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “FX Primus Europe (CY) Ltd.“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally ...
Law Firms Awards
December 29th, 2014
MERGERMARKET EUROPEAN M&A AWARDS 2014 Top investment banks and law firms gathered at the Savoy Hotel in London, to recognise the achievements of Europe’s top dealmakers and reward innovative advisory work on some of the region’s most transformative deals ...
Entry Point of JPMorgan Data Breach Is Identified
December 23rd, 2014
The computer breach at JPMorgan Chase this summer — the largest intrusion of an American bank to date — might have been thwarted if the bank had installed a simple security fix to an overlooked server in its vast ...
KPMG pre-tax profits dip 9% as tax regulation bites
December 19th, 2014
KPMG has reported a 5% growth in revenues but pre-tax profits fell as the firm made a series of investments in new business lines, while its tax practice felt the impact of an increased regulatory burden Revenues for the ...
