Archives
FXCM Announces Third Quarter 2014 Results
November 7th, 2014
FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange, or FX, trading and related services, today announced for the quarter ended September 30, 2014, U.S. GAAP revenues of $116.1 million, compared to $113.2 million for the quarter ended ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
November 6th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “Lucro Capital Ltd” has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the ...
EU’s finance chief to unveil capital market plan in 2015
November 6th, 2014
The EU’s new financial services chief pledged on Thursday to set out his plans for a pan-European capital market by the middle of next year, aiming to reduce companies’ reliance on banks and help revive the bloc’s fragile economy. ...
HMRC ‘steps up’ scrutiny of largest businesses
November 6th, 2014
The tax returns of two thirds of the 800 largest businesses operating in the UK are under “enquiry”, HMRC announced after yesterday’s stakeholder conference. Jennie Grainger, director general of enforcement and compliance, told the conference that this did not ...
The Economy Of The Largest Superpower On The Planet Is Collapsing Right Now
November 6th, 2014
How do you fix a superpower with exploding levels of debt, that has a rapidly aging population, that consumes far more wealth than it produces, and that has scores of zombie banks that could collapse at any moment. You ...
Bitcoin ATM Goes Live at Google’s London Co-Working Space
November 6th, 2014
Visitors to Google’s ‘Campus London’ co-working space will now be able to buy bitcoin and spend the cryptocurrency on a coffee or muffin thanks to its new bitcoin ATM. Conveniently, the UK’s first BitAccess-made machine is located in the ...
MFSA: Notice to Financial Services Licence Holders
November 6th, 2014
The MFSA has issued a notice to draw the attention of licence holders to the recent publication of two public documents by the Financial Action Task Force (FATF) which have identified countries considered to have strategic deficiencies regarding anti-money ...
Trident Investment Management Pty Ltd pays $10,200 penalty
November 6th, 2014
Trident Investment Management Pty Ltd (Trident), the Australian financial services representative for Australian Mutual Holdings Limited (AMH), has paid $10,200 in penalties after ASIC issued an infringement notice for potentially misleading representations made in the promotion of its investment ...
Russian Billionaire Tied to Putin Is Focus of Inquiry
November 6th, 2014
A billionaire Russian businessman known to have ties to President Vladimir V. Putin of Russia and a company the businessman controlled have been the focus of a federal investigation into money laundering and oil trading, according to documents and ...
Bank of England widening access to the Sterling Monetary Framework
November 6th, 2014
The Bank of England is today widening access to its Sterling Monetary Framework (SMF) to accept broker-dealers and central counterparties (CCPs). The changes introduced today follow on from the Governor’s commitment to widen access to the Bank’s facilities, made ...
