Search Results for: legal
EBA finds supervisory authorities have implemented robust IT systems
April 12th, 2017
The European Banking Authority (EBA) published today a Report on the Peer Review carried out on its ITS on supervisory reporting aimed at assessing how supervisory authorities have ensured its consistent and comprehensive implementation. The Report summarises the outcomes ...
Multinational law firm launches global FinTech mentors program
April 11th, 2017
Hogan Lovells is launching a Global FinTech Mentors Program, through which its most experienced Financial Services and Regulatory partners will guide FinTech organizations, at any stage of development, through their FinTech journey. FinTech mentors will be available to organizations ...
The decline and fall of the EU
April 11th, 2017
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an ...
MOEX: Non-bank companies make first ever FX trades through direct market access
April 11th, 2017
Rosneft and Alrosa have become the first ever corporates to obtain direct market access (DMA) and trade on Moscow Exchange’s FX Market. From 16 January 2017, Russian legal entities not qualified as credit institutions or professional market participants have been eligible ...
International law firm promotes 21 lawyers to partnership
April 11th, 2017
Leading international law firm Herbert Smith Freehills announced today the promotion of 21 lawyers to its global partnership. The promotions take effect on 1 May, 2017. Demonstrating the firm’s commitment to investing in its global network of offices and ...
High court approves £129m fine for Tesco over accounting scandal
April 11th, 2017
The high court has approved a settlement between Tesco and the Serious Fraud Office that involves Britain’s biggest retailer paying a £129m fine over an accounting scandal. Sir Brian Leveson approved the so-called deferred prosecution agreement (DPA) at a ...
Netherlands to introduce Registry Of Beneficial Ownership to fight Tax evasion
April 10th, 2017
One year after the revelations of the Panama Papers there is still a lot of work to do for the Netherlands to effectively prevent and fight widespread international money laundering structures and unlawful tax evasion. This is especially the ...
Law firm rates rising at fastest pace since 2008 recession
April 10th, 2017
Overall law firm rates are on the up with average year-over-year lawyer rate increases reaching their highest levels since 2008. Larger firms are maintaining pricing power as rates rise. Among over 350 factors tested in a new report, law firm ...
CySec issued new warning regarding individuals impersonating CySec representatives
April 7th, 2017
Following up on its announcements dated 27 November 2015, 10 June 2016 and 19 October 2016, 17 November 2016 and 7 March 2017, the Cyprus Securities and Exchange Commission (‘CySEC’) would like to remind investors and the general public ...
Bitcoin Price Run Reaches $1,200
April 7th, 2017
The bullish bitcoin price trend continues in a strong start to April as price breaches $1,200 on the Bitstamp Price Index (BPI) in the late hours of Thursday (UTC). In a month where Japan began recognizing bitcoin, the world’s ...
