Search Results for: legal
ASIC cancels the AFS license of Financial Services firms
March 25th, 2017
ASIC has cancelled the Australian financial services (AFS) licences of Rebate Financial Services Pty Ltd and Capstone Capital Pty Ltd for failing to comply with a number of their key obligations as financial services licensees. In particular, ASIC has ...
Alert: High Bitcoin prices inspire a wave of scams
March 24th, 2017
Earlier this month, the price of a single Bitcoin eclipsed the price of an ounce of gold for the first time ever. This news, coupled with the exploding adoption of its underlying technology – blockchain – beyond the financial world, ...
Italian and Indian law firms team up to boost cross-border business
March 24th, 2017
Italian Law Firm CBA Studio Legale e Tributario has entered into a joint venture with Singhania & Co after signing an agreement at the Consulate General of Italy in Mumbai. The companies have made the move primarily to promote ...
Amazon Just Won a $1.5 Billion Tax Fight
March 24th, 2017
Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the U.S. Tax Court rejected a variety of ...
European Commission published consultation on FinTech
March 24th, 2017
Consumer Financial Services Action Plan: Better products and more choice for European consumers The European Commission is today presenting an Action Plan that sets out ways to provide European consumers with greater choice and better access to financial services ...
ESMA reports about Central Securities Depositary Regulation
March 24th, 2017
The European Securities and Markets Authority (ESMA) has issued final reports on two sets of guidelines regarding the implementation of the Central Securities Depositary Regulation (CSDR). The CSDR harmonises the settlement of securities by providing a set of common ...
E-commerce: EU-wide rules to protect consumers better and stop rogue traders
March 23rd, 2017
New powers for national authorities to check whether e-commerce websites geo-block consumers, track down rogue traders or even, subject to safeguards inserted by MEPs, order that websites hosting scams be shut down, were approved by the Internal Market and ...
Robots are lawyers’ friends not threat
March 22nd, 2017
Lawyers need not fear being replaced by robots but instead breathe a sign of relief that their human skills will remain a necessity and AI will be their friend and potentially help improve working conditions. With more than 280 ...
More than 64,000 drivers are now intending to sue Volkswagen on dieselgate
March 22nd, 2017
Lawyers are aiming to win back thousands of pounds in compensation for buyers VW fitted cheating software in 11million cars sold worldwide, which meant they produced fewer toxic gases in tests, but were actually much more polluting VW ...
UBS to face trial in France over tax fraud charges
March 21st, 2017
Swiss banking giant UBS will go on trial in France for establishing a wide-ranging tax fraud scheme worth billions of euros, according to legal sources. UBS will be charged with illegal banking practices and dissimulating tax fraud, the sources ...
