The European Commision has been alarmed with rising problems on fraud and fragmentation. Realizing the need to relax VAT rules, they made an action upon it.
Legal & Regulatory
SEC OKs Fund Equity Rules
The Security and Exchnage Commission approves the ammended rules for mutual fund investors. The highest United States securities regulator approved major new rules designed to protect mutual fund investors from the effects of a sudden sell-off, Thursday.
ICAP Goes For Abide Financial For Global Regulatory Business Growth
Both aiming to expand business ventures, ICAP ties up with Abide Financial. Abide is a company with big potential and ambitions, and by capitalising on ICAP's relationships, knowledge and resources, it can be propelled to the next level in its growth.
Capita Suffers €1.15M For Regulatory Breaches
On upholding and a more strict implementation of its policies, the Central bank has fined Capita Life and Pensions Services Ireland for regulation breaches for 2015 and 2016.
Saudi Arabia Shifts To Bond To Financial, Entertainment and Real Estate Sectors
Among the countries who are known to have a good performance in the world market, the Kingdom of Saudi Arabia may top the list. However, it faces some issues on its investments and world trade recently.
Latest News
Two nuclear reactors had been shut down but one of them will be up and running in several day and in just 2000 megawatts, it can give a million homes electricity.
To uphold its mission and responsibility to keep US safe from any food contamination and other diseases relative thereto, United States Food and Drug Administration (FDA) recently issued revised food safety standards for state regulatory programs that oversee food facilities that manufacture, process, pack, or hold foods. These regulatory program standards also known as the Manufactured Food Regulatory Program Standards (MFRPS),
In the middle of big verdict is Apple when VirentX files lawsuit for a patent case against it. Damages now are being calculated bu the courts.
Amidst of his candidacy, Donald Trump is facing verdict side by side. One of those is this matter about the issue in the registration of his foundation in New York.
The banks in Potugal had a lot of issues to solve after failing to sell Novo Banco. This has made a lot adjustments that needs to be done by the banks.
A congressional committee has announced reviving testing of Apple and FBI on Tuesday. Apple’s general counsel and an FBI official will testify on behalf of respective sides. Lawmakers consider the debate centering public interest as important and summoned the disagreed parties to testify before the lawmakers.
A regulatory filing by Yahoo Inc. on Thursday suggests that the tech giant has changed its employee severance plan. The new plan confirms severance payments even after acquisition of the tech giant. Analysts consider the filing as its preparation for selling entire or at least part of its core business.
Microsoft has sued the US Department of Justice on Thursday for alleged secret intervention of the government agencies to individual’s information. Through searching secretly, the US government is violating the Fourth as well as First Amendment, alleges the lawsuit. Microsoft believes, this practice has gone too far and hence seeks court intervention to address the situation.
A US appeal court has verdict on Wednesday upholding previous ruling by the District Judge regarding lifting injunction for Argentina in entering global capital market. The ruling allows the South American nation to enter the capital market just after 15 years. It appears as a great success for the incumbent Argentine President who has come to power with promise to settle the default debt status.
