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Set 15-year limit on firms' accountants, investors urge UK watchdog
ReutersLONDON (Reuters) - Pension and investment firms urged the UK's competition watchdog on Thursday to force companies to change accountants regularly, saying it must maintain its focus on the matter to prevent long contracts leading to risky complacency....Tags: United Kingdom, Accounting and Auditing, Investment Service, Investments, Legal & General Group Plc
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Bosnia under pressure to change if it wants EU membership
Reuters* Bosnia's EU prospects falling further behind * Brussels says can assist, facilitate where needed * Sarajevo needs to act or face consequences By Martin Santa BRUSSELS, May 23 (Reuters) - Bosnia is falling behind on commitments to human rights and...Tags: Human Rights, Parliament, Bosnia and Herzegovina, European Union, Crime, Law and Justice
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EU lawmakers back French push to limit U.S. trade talks
ReutersBRUSSELS (Reuters) - European Union lawmakers voted on Thursday to limit the scope of a proposed free-trade deal between Europe and the United States, backing French demands to leave out culture and potentially irritating Washington. The European...Tags: Elections, Lobbying, France, Parliament, European Union
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European money market funds face cash buffer rule: EU document
ReutersLONDON (Reuters) - About half of the European Union's trillion euro money market funds would have to set aside a chunk of cash under a proposed EU reform to make a run on a fund in rocky markets less likely. Money market funds (MMFs) hold short term...Tags: Economy, Business and Finance, Mutual Funds, G20, European Union, Financial Markets
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EU wants big companies to reveal national tax bills
ReutersBRUSSELS (Reuters) - Europe's top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax avoidance. Michel Barnier, the European...Tags: United Kingdom, European Union, David Cameron, Apple Inc., Political Corruption
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EU's Barnier wants big companies to reveal national tax bills
ReutersBRUSSELS (Reuters) - Large companies should disclose how much tax they pay in each country where they operate, the European Commission's top regulatory official said, in the text of a speech to be delivered on Thursday. Michel Barnier, the European...Tags: U.S. Senate, Politics, International Organizations
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RPT-Shale gas, energy costs vex EU leaders
Reuters* Energy trade deficit is 400 billion euros * Shale gas complicated in EU, could weaken Russian position * Single energy market should improve cross-border flows By Barbara Lewis BRUSSELS, May 21 (Reuters) - European leaders will discuss plans to...Tags: Energy Saving, Parliament, Energy Resources, European Union, Energy
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EU watchdog unveils caps for bank bonuses
ReutersLONDON (Reuters) - EU regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash. The headline figure was leaked last Friday,...Tags: PricewaterhouseCoopers, European Union, Lawyers, Crime, Law and Justice, Banking
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Hopes rise for deal on delayed EU insurance rules
ReutersLONDON (Reuters) - The European Union is nearing a deal on long-delayed insurance rules that the bloc has touted as a regulatory benchmark for the world to follow, regulatory and policy officials said. The rules, known as "Solvency II", will seek to...Tags: Insurance, Economy, Business and Finance, United Kingdom, Parliament, Money and Monetary Policy
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Cuba's Ladies in White dissident group says it needs help from abroad
El Nuevo HeraldMIAMI Leaders of Cuba's dissident Ladies in White group rejected Havana's claims they are mercenaries and said Monday that there is nothing wrong with receiving help from abroad because the Cuban government "is trying to asphyxiate us." Berta Soler and...Tags: Human Rights, Asphyxiation, The Miami Herald, Miami Dade College, Human Interest
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EU draft bank rescue law would not shield big deposits
ReutersSTRASBOURG, France (Reuters) - A draft law that a group of European Union lawmakers voted for on Monday would shield small depositors from losing their savings in future bank rescues, but customers with more than 100,000 euros in savings when a bank...Tags: Elections, Economy, Business and Finance, Parliament, European Union, Laws
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EU law key to ending "too big to fail" banks - BoE's Tucker
ReutersBy Huw Jones and Claire Davenport LONDON/STRASBOURG, France, May 20 (Reuters) - A European Union law up for a vote on Monday will only fully shield taxpayers from bailing out troubled banks if there is a global framework as well, a top UK regulator...Tags: Elections, France, Economy, Business and Finance, Marketing, Crime, Law and Justice
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May 20, 2013
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