In the past week, the European Commission published a draft of a regulation which could put an end to the widespread practice of intermediary commission agreements.The regulation will have to be reviewed by the Council before it can go into effect.The Commission proposed the law after an investigation of a large number of intermediates in the EU, including insurance companies,
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FIFA, the international governing body of soccer, has decided to license the rights of its intermediaries to players, but the rights will only be used for promoting and regulating the sport.The decision, announced by the FIFA Executive Committee in a statement released on Wednesday, was announced to the International Association of Athletics Federations (IAAF) on Wednesday afternoon.FIFA said that the
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New York — Bank of America Merrill Lynch analysts said Friday they expect Bank of American to begin paying a civil penalty to settle charges that it laundered money for the Libyan government in 2015 and 2016.The bank, which has faced scrutiny from the Treasury Department for its handling of Libyan assets, has not yet filed a notice of violation
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