Search Results for: EBS
EU Council passes PSD2 for electronic payments
November 17th, 2015
A directive aimed at further developing an EU-wide market for electronic payments was adopted by the Council on 16 November 2015. The directive incorporates and repeals directive 2007/64/EC, which provided the legal basis for the creation of an ...
IFSC warns for a Forex Trading Firm
November 16th, 2015
The International Financial Services Commission of Belize (IFSC), the Regulatory Authority of Financial Market of Belize, has issued a warning to inform investors and public for a firm that is offering Forex Trading. Specific, IFSC warns that the firm ...
BaFin has issued a warning for an unauthorised firm
November 16th, 2015
The Federal Financial Supervisory Authority (BaFin) has issued a warning to inform investors and public that the firm Karatbars International GmbH has no authorisation pursuant to section 32 of the German Banking Act (KWG) BaFin informs that it has ...
Formax removes false statements about the suspension of its subsidiary’s licence
November 16th, 2015
Following concerns raised by ASIC, Formax International Market Limited (Formax) has removed a previously published media release from its group website that falsely claimed its wholly owned subsidiary, Australian Capital Markets Advisory Services Pty Ltd ACN 150 530 331 ...
CySec issued warning regarding www.noeruscapital.com
November 12th, 2015
The Cyprus Securities and Exchange Commission (CySec), the regulatory authority in Cyprus, has issued a press release to warn public in relation with an unauthorised entity. Specific, CySec warns that the entity which operates the website “www.noeruscapital.com“: 1. Is not permitted ...
SFC on Investors fraud: Maxim Trader site suspended and $23.5 million assets of Maxim Capital Limited freezed
November 12th, 2015
The Court of First Instance has granted various interim orders against Maxim Capital Limited (Maxim Capital), an unlicensed investment firm, including freezing all its monies in Hong Kong totalling approximately $23.5 million following legal proceedings brought by the Securities ...
Belgian court orders Facebook to stop tracking non-members
November 11th, 2015
Judge threatens social network with fines of €250,000 a day over ‘datr’ cookie, which records visits to many websites whether or not user has Facebook account A Belgian court on Monday gave Facebook 48 hours to stop tracking internet users who ...
Dentons and 大成 formalize combination
November 11th, 2015
Dentons and 大成 today formalized their combination. The launch follows the previously-announced timeline set in January 2015, after a vote by partners of both firms endorsing the combination, with both firms indicating that an effective date would be set ...
Commissione Nazionale per le Società e la Borsa (Consob) Warnings
November 11th, 2015
The Commissione Nazionale per le Società e la Borsa reports that: the companies Worldwide Safe Investment Limited, Binaytion andWorldwide Security Investment Limited are not authorised to provide investment services and business in Italy in any way, including through the website https://highfrequency.trade; the ...
Banks May Get Extra Time to Soften Up EU Financial-Market Rules
November 11th, 2015
European Commission considers postponing MiFID II start date Delay isn’t set in stone, European Parliament’s Ferber says Financial companies pushing back against Europe’s post-crisis market rule book for the past five years may get more time to chip away ...
