The eleven justices of the Supreme Court heard evidence over four days in December before handing down their judgment today, establishing, by a margin of eight to three, that the UK Parliament must have a vote on whether the government may begin the official Brexit process, triggering Article 50. The Supreme Court also ruled that […]
The Securities and Exchange Commission (SEC) said last week that Morgan Stanley has agreed to pay a $13 million penalty for overbilling 149,000 of its clients. The Attorney General of the State of New York also announced on Friday that Citigroup has agreed to pay a $1 million fine for overcharging its clients by $16 […]
With political polarization at its highest level in decades in the US, an important question is how to close the opinion gap between liberals and conservatives. While some level of disagreement is healthy for democracy, high levels of polarization are associated with political deadlock, which may hinder political reforms and slow economic growth. A recent […]
The team at Legal Floris LLC is helping FBME Bank customers recover their funds. Legal Floris LLC currently represents 1,000+ FBME Bank customers who are seeking recovery of funds. FBME Bank (the Federal Bank of the Middle East) recently lost its license for banking after a long and winding journey of problems. Legal Floris has […]
The UK Government unveiled plans to try cut down on whiplash claims. This news was released due to whiplash claims being 50% higher than a decade ago, despite the UK having some of the safest roads in Europe and a decline in number of motor accidents. The UK government claim that millions of motorists could […]
The Fourth Anti-Money Laundering Regulation [849/2015] (MLD4) began enforcement in June 2015 in light of the combat against money laundering and financing of terrorism. Aligned with international standards established by the Financial Action Task Force (FATF) in 2012, MLD4 is now set to change, substituting MLD3 across all Member States by 26th June 2017. In addition, the […]
Following news that the UK government wants to implement digital voting in coming years, at the turn of 2017, the former head of MI6, Sir John Sawers claimed balloting with pencil and paper was much more secure. With the way the internet of things is taking the world by storm, and the digital era is […]
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