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  • Myranda Chatzimatthaiou The Cyprus Stock Exchange (CSE) was established by virtue of The Cyprus Stock Exchange Laws and Regulations of 1993 and 1995. The legislation provides the basis for the formation and operation of the CSE and for the development of the securities market in Cyprus. The Cyprus Securities and Exchange Commission (CySec) is the competent authority for the supervision of the CSE's actions. The CSE currently provides a range of services, including the provision of investor services in relation to the Cyprus Depository, the settlement of transactions through specialised systems and the Listing and Trading of Securities. The CSE provides for trading on both the regulated market and the Emerging Companies Market (ECM) which was established in 2009.
  • Latest Vodafone developments signal good news for other investors India's top lawyer has advised his government not to appeal the Rs 3,200 crore ($525 million) Bombay High Court (HC) transfer pricing decision in favour of Vodafone. Attorney General of India Mukul Rohatgi's advice will also apply to similar rulings, such as this month's ruling in favour of Shell.
  • OECD Centre for Tax Policy and Administration
  • Aleksandra Rafailovic On September 1 2014, the Law on Public Notary came into effect in Serbia. This law was already passed in 2011, but it was postponed twice because of low levels of interest from candidates in taking the exam for this title. As part of the legal and judicial reform programme in Serbia, some of the main reasons for introducing notaries were the need for administrative relief of courts, increase efficiency and greater legal certainty for citizens.
  • Read this month's special features on India and Brazil – IFRS
  • OECD printing facilities is a new entry this year
  • Chinese tax commissioner
  • Danilack: Reported increase in MAP cases consistent with sharp upward trend in MAP inventory seen in recent years The US and Canada are at the forefront of a global increase in new mutual agreement procedures (MAPs) being initiated, OECD figures show. There were 1,910 new MAPs in 2013, a 14% increase from 2012, when there were 1,678 new MAPs. North America accounted for most of this growth, with more than 200 new MAPs in Canada and the US.
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