legal news


German police raids the offices of multinational law firm

For the second time in a year, prosecutors raided the Frankfurt offices of the prestigious law firm Freshfields Bruckhaus Deringer. The raid marked an extension of the investigation of ... Read More

British law firms are enjoying increased profits; Brexit and the Big Four the challenges

British law firms are enjoying increased profits per partner and are optimistic about future commercial prospects despite the impact of Brexit and the threat of the Big Four accountancy ... Read More

New wave of FX manipulation lawsuits

A group of large institutional investor plaintiffs filed a lawsuit on 07 November, in the US District Court in Manhattan, in a action linked to proce rigging in the ... Read More

BVI hires second attorney to stay off EU’s blacklist

The Government of the British Virgin Islands (BVI) has hired another attorney from the UK to draft legislation intended to keep the territory off the European Union’s blacklist of ... Read More

Victims of €20m French-Israeli ads scam to get some money back, not from Israel

Seven years after French law enforcement began receiving complaints about a sophisticated advertising scam operated from France and Israel, hundreds of victims of the 20 million euro ($17.5 million) ... Read More

EU needs single anti-money laundering authority, says thinktank

The European Union should set up a single anti-money laundering (AML) authority with the power to levy big fines to tackle the stream of scandals across member states, Brussels-based ... Read More

The time taken for law firms to be paid for work has fallen by a week

The time taken for law firms to be paid for work has fallen by a week, but still takes over four months to hit the accounts. The billing time ... Read More

Beware: 7 most common online financial scams

Europol and the European Banking Federation launch awareness campaign on 7 most common online financial scams. Europol’s European Cybercrime Centre (EC3), the European Banking Federation and their partners from ... Read More

Audi fined 800 million euros; What prosecutors said

German law enforcement authorities added another chapter to Volkswagen’s diesel scandal Tuesday by fining the company’s luxury division Audi 800 million euros ($925 million) for selling cars rigged to ... Read More

Suspects arrested in international action against large-scale VAT fraud

During a joint action day in seven EU Member States, an international organised crime group was tackled, involved in large-scale VAT fraud with a damage of more than EUR ... Read More
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