Search Results for: FMA

Reasons Why It’s So Hard Being A Lawyer

June 22nd, 2015 (0)
1. We’re Your Lawyer. Not Your BFF. Sometimes, clients don’t understand the role we must play as a lawyer, which often involves telling the client he or she is totally wrong or what the client wants isn’t possible. Clients ...

No VAT on Bitcoin in Switzerland

June 15th, 2015 (0)
Excellent news from the Swiss Federal Tax Administration (ESTV): no VAT applies to Bitcoin in Switzerland. “This is excellent news for Bitcoin in Switzerland as it provides the legal certainty we need to professionally operate our business,” Niklas Nikolajsen, ...

KCG Announces Preliminary Results Of Its “Modified Dutch Auction” Tender Offer

June 4th, 2015 (0)
KCG expects to repurchase approximately 23.6 million shares of Class A Common Stock at $14.00 per share for a total cost of $330 million, excluding fees and expenses KCG Holdings, Inc. (NYSE: KCG) announced the preliminary results of its “modified ...

Top news of the day, May 28

May 28th, 2015 (0)
1. Finance chiefs from the Group of Seven economic powers met on Thursday to discuss how to revive a faltering global recovery, with the United States leaning on Europe to reach a deal to avert a Greek bankruptcy. The ...

Receivers and managers appointed to Arena Capital / BlackfortFX

May 28th, 2015 (0)
The High Court in Christchurch has granted the Financial Markets Authority’s (FMA) application for Grant Graham and Neale Jackson of KordaMentha to be appointed as receivers and managers of Arena Capital Limited, trading as Blackfort FX (Arena/Blackfort). The decision, ...

AMF updates the list of unauthorised websites offering binary options trading

May 13th, 2015 (1)
The AMF is publishing a new updated list of websites offering binary options trading, for which no authorised investment services provider could be clearly identified. The Autorité des Marchés Financiers (AMF) is once again warning retail investors against aggressive ...

Deutsche Bank is to invest up to €1 billion in digital technologies

April 29th, 2015 (0)
Investment is part of the German bank’s restructuring strategy, which aims to achieve annual savings of €3.5 billion by 2020. Deutsche Bank is to invest up to €1 billion to deploy digital technologies across all of its businesses over ...

Price Deflation, Asset Prices, and Threats to Growth

April 3rd, 2015 (0)
When I read media discussions about deflation,” three separate meanings are often used more-or-less interchangeably. One meaning is the way that economists use the term, in which “deflation” means “inflation happening at a negative rate.” Inflation means that the ...

Citigroup Report Chides Law Firms for Silence on Hackings

March 31st, 2015 (0)
Every month it seems another American company reports being a victim of a hacking that results in the theft of internal or customer information. But the legal profession almost never publicly discloses a breach. The unwillingness of most big ...

Greek government proposes measures worth 3.7 bln

March 31st, 2015 (0)
 Revenues boost from monitoring deposits abroad and from sell-offs such as Piraeus port, regional airports The government’s list of reforms submitted to the country’s creditors provides for revenues of 3.7 billion euros this year, according to sources. The measures ...
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