Europe
globaleye relinquishes belgium licence
International advisory firm Globaleye, which has its head office in Dubai, has relinquished its Belgium license and merged with another existing EU brokerage after deciding its “aspirations in the EU are not in line with its revised plans going into next year.
jersey and guernsey to open joint office
Jersey and Guernsey are to establish a joint office in Caen, France, to represent both islands’ interests with French authorities.
more pressure on malta citizenship for cash
UK and European politicians are putting pressure on Malta’s government not to implement a controversial scheme that would permit high net worth individuals from outside the EU to buy passports.
manx high court rules on irish bank
A complex case dating back as far as 2006 and involving an Irish bank on the Isle of Man that was subsequently taken over by a Danish one has seen a definitive ruling handed down by an IoM High Court judge.
ec fines banks 1bn over interest rate rigs
The European Commission has fined a group of eight financial institutions a total of 1.7bn (£1.4bn), for forming illegal cartels to rig interest rates.