In an opinion released today, the European Court of Justice concluded that: "The mechanism for the resolution of disputes between investors and States provided for by the free
trade agreement between the EU and Canada (CETA) is compatible with EU law." This is from paras. [...]
The Financial Crimes Enforcement Network (FinCEN) has assessed a civil money penalty against Eric Powers for willfully violating the Bank Secrecy Act’s (BSA) registration,
program, and reporting requirements. Mr. Powers failed to register as a money services business (MSB), had... [...]
India’s Central Board of Direct Taxes (CBDT) on April 18 asked for public feedback on proposed new rules for attributing profits to Indian permanent establishments (PEs)
that differ from the authorized OECD approach (AOA). read the full analysis here at... [...]
The Board is seeking comment on proposed revisions to its rules regarding the definition of control in the Bank Holding Company Act (“BHC Act”), and the Home Owners’
Loan Act (“HOLA”). Download Control-proposal-fr-notice-20190423 Under the BHC Act, control is defined... [...]
Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the first quarter of 2019 (table 1), according to the "advance" estimate released by the Bureau
of Economic Analysis. In the fourth quarter of 2018, real... [...]
Key Statistics for 2018 Registered Representatives 629,847 Securities Firms 3,607 Cycle Exams 1,171 Branch Exams 446 Reviews for Cause in the Examination Program 4,728 Market
Events Processed 66.7 billion every day Fines $61.0 million Restitution $25.5 million Individuals Barred 386... [...]
In a recent communication related to the Joint Statement on Electronic Commerce in Davos, China said the following: 4.1. Along with the new opportunities provided by electronic
commerce, issues such as cyber security, data safety and privacy are increasingly highlighted, bringing unprecedented security risks and regulatory challenges to [...]
The amendments to the Securities Investment Business Law (2019 Revision) stem from the review conducted by the Cayman Islands Monetary Authority of the entities that are allowed
to be excluded from the Law’s licensing requirements. Those entities are known as... [...]
This is from a communication from Japan and Australia: 2 DRAFT DECISION The Dispute Settlement Body, Having regard to paragraph 1 of Article 2 and Article 17 of the Understanding
on Rules and Procedures Governing the Settlement of Disputes (DSU), [...]
An Indian national has been extradited to the United States from Singapore to face charges related to his role as an operator of a call center network that targeted U.S victims.
The massive India-based telephone impersonation fraud and money laundering... [...]
