Legal & Regulatory

Pope plans Vatican Bank restructuring

Pope Francis announced his intent to restructure the Catholic Church, including the Vatican Bank. The head of the Catholic Church spoke about reforming the entire structure of the religion, starting from the Vatican Bank itself.


Amber alert sparks debate about wireless emergency system

America's Missing: Broadcast Emergency Response Alert triggered debates on the unnecessary interruptions it caused.

Mike Miller victim of NBA luxury bill

Mike Miller's salary pushed the Miami Heat's financial status towards luxury tax level, granting the team the power of amnesty.

Miami Heat rebounds statement on Miller amnesty

The Miami Heat released Mike Miller by invoking the amnesty clause. Following the famous release of Metta World Peace, Mike Miller is the latest NBA player on the receiving end of the amnesty clause.


Latest News

Recent Ukrainian court practice was deemed to affect commercial transactions. Recent practices of courts in Ukraine were deemed to negatively affect commercial banking transactions.
Aviva Plc was in talks with negotiators regarding its US$1.8 billion deal with Leon Black's Apollo Global Management LLC.
GlaxoSmithKline Plc's 20% increase in sales was currently in focus due to Public Security Ministry's accusations on bribery and sexual favors.
Piedmont was asked to pay Dexia Crediop SpA and Intesa Sanpaolo SpA US$47 million due to interest-rate swap agreement.
KTVU fired the intern responsible for the blunder, while others sue NBC for non-payment and non-education.
A news report that showed 'racist' and fake names damaged the reputation of Asiana, the budget carrier said.
The insurance deal between Athene and Aviva was placed under review. The insurance deal between Athene Holding Ltd. and Aviva PLC was placed under review.
Barrick temporarily stopped the construction of the controversial Pascua-Lama gold mine project due to a court suspension issued last Monday.
Denmark advised Danish banks to disregard the European directive to reduce exposure charges The European Parliament, in an attempt to align with the Basel Committee on Banking Supervision's regulation, passed a directive that will simplify the risk calculation for small- and medium-sized business loans.
The US and China agree on parameters as to intellectual property and trade secrets. The concerns on cyber theft of intellectual property as well as trade secrets were acknowledged by both the United States and China.
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