Search Results for: legal
The outlook of employee salaries in Gulf region for 2017
February 13th, 2017
Many companies in the Gulf Cooperation Council (GCC) region are not planning to change their compensation budgets for 2017, with employee salaries expected to continue at a relatively flat rate compared to a year ago. Recent data released by ...
HKEX appoints Group General Counsel
February 13th, 2017
Hong Kong Exchanges and Clearing Limited (HKEX) has appointed Ferheen Mahomed to serve as its Group General Counsel from today (Monday). Ms Mahomed will head HKEX’s Legal Services Department and oversee the Group’s legal function, including the teams at ...
Founders of Panama Law Firm Mossack Fonseca arrested
February 13th, 2017
Police in Panama arrested the founders of Mossack Fonseca, the law firm at the center of the Panama Papers scandal, on money laundering charges after authorities raided the firm’s headquarters as part of investigations into Brazil’s largest-ever bribery scandal. ...
Leading law firms pull away from Qatar
February 10th, 2017
Leading law firms pull away from Qatar Two of the world’s largest law firms are set to shut up shop in Qatar. Clifford Chance and Herbert Smith Freehills are both closing their offices in the region in the coming ...
Two of China’s Biggest Bitcoin Exchanges Stop Bitcoin Withdrawals
February 10th, 2017
Two of China’s most widely used bitcoin exchanges have announced that they will suspend bitcoin and litecoin withdrawals for one month effective immediately. Yuan recharge, withdrawals and other services will not be affected, the exchanges said. In public posts ...
Do you believe that investments is a way to make a stable income? Read this before to start
February 9th, 2017
Are you always interested to enter the world of investments but you do not know how and where to start? Are you looking which are your options? Investments seems to be an attractive option for people to generate an income. ...
Salaries in the Middle East to see slight increase in 2017
February 9th, 2017
The strongest salary growth of 3 per cent is expected in the procurement and supply chain sector Salaries in the Middle East are anticipated to increase by an average of 2 per cent this year, according to a new ...
Court in Cyprus has upheld a decision against Facebook
February 9th, 2017
A court in Paphos, Cyprus, the Paphos District Court has upheld a ground-breaking decision against Facebook in relation of a civil suit for defamation of character. This decision is very important on how the Facebook users are confronted. The ...
ESMA assesses DLT’s potential and interactions with EU rules
February 8th, 2017
The European Securities and Markets Authority (ESMA) has issued a report on Distributed Ledger Technology (DLT). The report sets out ESMA’s view on DLT, its possible applications, benefits, risks and how it maps to existing EU regulation. ESMA’s position ...
FMA warns firms under Anti-Money Laundering and Countering Financing of Terrorism Act
February 8th, 2017
The Financial Markets Authority (FMA) has issued a formal warning to 12 reporting entities under section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act (the Act). Under section 59(2) of the Act, the FMA required reporting ...
