Europe
Results for Europe
- UK Court of Appeal Rules on Lehman “Client Money”
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Under the FSA Client Asset Sourcebook (‘CASS’), “client money” must be segregated, and is subject to a protective a statutory trust. In the case of a large number of clients, Lehman Brothers International (Europe) (‘LBIE’) failed to segregate client mone ...
Resource Article - global.abi.org - 09/08/2010 - 15:00 - 0 comments - 1 attachment
- Luxembourg further increases the appeal of its fund center
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The following two exemptions from the annual subscription tax (taxe d'abonnement) will, without a doubt, attract additional investment fund promoters to Luxembourg: as from the fiscal year 2010 onwards, an exemption will impact both UCIs and spe ...
Resource Article - global.abi.org - 09/08/2010 - 14:42 - 0 comments - 1 attachment
- UK “Round the World” Scheme Grounded
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http://www.stikeman.com/cps/rde/xchg/se-en/hs.xsl/14279.htm#page=1 (Europe, London, United Kingdom) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Europe,London,United Kingdom http://www.stikeman.com/cps/rde/ ...
Daily Headline - global.abi.org - 09/08/2010 - 14:37 - 0 comments
- UK Treasury Consults on Settlement and Collateral Directives –
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http://www.hm-treasury.gov.uk/consult_amending_directive_implementation.htm (Europe, London, United Kingdom) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Europe,London,United Kingdom http://www.hm-treasury. ...
Daily Headline - global.abi.org - 09/08/2010 - 14:33 - 0 comments
- EU OKs New Financial Supervision Deal
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European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees, The Associated Press rep ...
Daily Headline - global.abi.org - 09/08/2010 - 12:26 - 0 comments
- Lenihan Announces Extension Of The Irish State Bank Guarantee
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The Minister for Finance, Brian Lenihan, TD today announced that the State bank guarantee for short term bank liabilities, including corporate and interbank deposits as well as debt securities would be extended from its current expiry date of September 2 ...
Daily Headline - global.abi.org - 09/08/2010 - 12:26 - 0 comments
- UK's Connaught Succumbs To Administration
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Britain's Connaught has called in administrators to its main social housing unit after government cuts caused contract deferrals that spiralled into financial difficulties, Reuters reported. Connaught, which employs 10,000 people, said after the mar ...
Daily Headline - global.abi.org - 09/08/2010 - 12:25 - 0 comments
- Calyx Group's Irish Units In Receivership
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The Irish businesses of ICT services group Calyx have gone into receivership, The Irish Times reported. The formerly-listed company will continue to trade as a going concern while a buyer is sought. Tom Kavanagh of Irish insolvency practice KavanaghF ...
Daily Headline - global.abi.org - 09/08/2010 - 12:24 - 0 comments
- Salans News Customs Control as an Anti-Counterfeit Measure Ukraine
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In this issue: (Europe, Kiev, Ukraine) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Europe,Kiev,Ukraine ...
Resource Article - global.abi.org - 09/08/2010 - 10:36 - 0 comments - 1 attachment
- Distinctive features of legal regulations regarding cross-border financing for Ukrainian borrowers
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- The distinctive features of the Ukrainian legal system do not always promote the development of cross-border financing. - As a general rule, all transactions with Ukrainian borrowers regarding receipt, repayment and servicing of cross-border loan ...
Resource Article - global.abi.org - 09/08/2010 - 10:32 - 0 comments - 1 attachment
