Search Results for: Abe
Enormous refund ordered to USA retail investors for being misled
August 28th, 2018
The Securities and Exchange Commission (SEC) announced charges against four Transamerica entities for misconduct involving faulty investment models and ordered the entities to refund $97 million to misled retail investors. According to the SEC’s order, investors put billions of ...
Data protection complaints in UK doubled since GDPR took effect
August 28th, 2018
The number of data protection complaint reported to UK regulators has nearly doubled since the introduction of new data protection laws, the Information Commissioner’s Office (ICO) has said. Saturday marks three months since the General Data Protection Regulation (GDPR) ...
Housing bubble in the UK?
August 16th, 2018
A housing bubble in the UK is gradually deflating due to an ongoing massive sale of residential properties fuelled by Brexit concerns, which is poised to alleviate lingering affordability issues. UK housing prices falling at fastest rate since 2009 ...
Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You
August 2nd, 2018
Hedge funds go to the Cayman Islands to incorporate. Big companies are generally domiciled in Delaware. And online poker companies often set up their bases in Gibraltar and Malta. Now the race is on to become the go-to destination ...
FCA statement on selling high-risk speculative investments to retail clients
August 2nd, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued a statement on selling high-risk speculative investments to retail clients following ESMA’s action on CFD products. In accordance the ...
EU wants US tech companies to pay tax
July 24th, 2018
European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday. The final communique reaffirmed a commitment to address the impacts of ...
The yen climbed, gold price increased; Key financial events coming up this week
July 23rd, 2018
The yen climbed and Japanese government bonds slid on speculation that the Bank of Japan may debate some fine tuning in its stimulus policy. Asian stocks were mixed. The rise in Japan’s 10-year benchmark bond yield matched the biggest ...
State or Individual?
July 20th, 2018
The most important question faced by the human race is almost never addressed in modern times: which should be the master, the state over the individual or the individual over the state? It is particularly relevant today, bearing ...
The reason EU fined Google €4.34 billion
July 19th, 2018
The European Commission has issued an announcement to inform that decided to impose a total fine of €4.34 billion to the technology giant Google. According the announcement, The European Commission has fined Google €4.34 billion for breaching EU antitrust rules. ...
FCA proposes actions to improve competition in the investment platform market
July 18th, 2018
Competition is working well for most consumers using investment platforms, according to interim findings of the Financial Conduct Authority’s market study into investment platforms, published. However, the FCA’s interim findings reveal concerns about how platforms compete for particular groups ...
