Search Results for: legal
Siemens and RWE help European shares steady
March 17th, 2014
European shares were buoyed by gains in major German stocks Siemens and RWE on Monday, steadying after heavy losses in the previous week on concerns about geopolitical tensions in Ukraine. The pan-European FTSEurofirst 300 index, which fell 3.2 percent ...
US and EU expected to announce sanctions against Russia
March 17th, 2014
Measures could include visa bans and potential asset freezes in wake of Crimean vote to rejoin Russia The US and its allies in Europe are expected to announce sanctions against Russia, including visa bans and potential asset freezes, on ...
European Parliament backs Commission proposal for the IFRS, the EFRAG and the PIOB
March 14th, 2014
The European Parliament has today backed the European Commission’s proposal on co-financing the IFRS Foundation, EFRAG and the PIOB, three organisations that play a key role in the development of accounting and auditing standards. Internal Market and Services Commissioner ...
Parliament toughens up anti-money laundering rules
March 13th, 2014
The ultimate owners of companies and trusts would have to be listed in public registers in EU countries, under draft anti-money laundering rules voted by Parliament on Tuesday. The draft law would also require banks, auditors, lawyers, real estate ...
Vodafone, Verizon Accused By India’s Home Ministry of Sharing Customer Details With UK’s GCHQ
March 11th, 2014
The Indian operations of Vodafone (NASDAQ:VOD) and Verizon (NYSE:VZ) shared details about their customers with Britain’s Government Communications Headquarters, or GCHQ, news reports said Monday, citing a December memo from the internal security division of India’s Ministry of Home ...
Commercial property lawyers warned over capital allowance changes
March 11th, 2014
Commercial property lawyers could face future action for negligence if they fail to advise clients about impending tax relief changes. From 1 April, capital allowances, which allow for tax relief for fixtures in property, must be identified and documented ...
SRA investigates collapsed law firm Calibre
March 10th, 2014
THE Solicitors Regulation Authority (SRA) has launched an investigation into Calibre Solicitors, a Salford-based personal injury law firm that went into administration in February. According to a creditors report a number of clients had complained to the SRA about ...
Administrative Fine to DC Digital Processing 2 Ltd from CySec
March 10th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has issued an announcement giving the DC Digital Processing 2 Ltd the administrative fine of €5.000 for breaching the law article 4(1) of the 2007 Investment Services ...
Repo (Repurchase agreement)
March 6th, 2014
Repo is an agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price. In other words it is an agreement with a commitment by the ...
UCITS – (Undertakings for Collective Investment in Transferable Securities)
March 6th, 2014
UCITS are open-ended undertaking for collective investment in transferable securities. (UCITS) is an undertaking the sole object of which is the collective investment in transferable securities and/or in other liquid financial assets of capital raised from the public, and ...
