Search Results for: CIF
The British Pound strengthens; Asian Shares continue the fall; Yen Gains; Kiwi weakens; Oil below $44
September 15th, 2016
Pound edges higher ahead of BOE policy meeting; kiwi weakens Hong Kong stocks advance, led by gains in Macau casinos A global equities selloff extended into Asian trading and European stock index futures fell after a slide in oil ...
SFC reprimands and fines HSBC $2.5 million for regulatory breaches
September 14th, 2016
The Securities and Futures Commission (SFC) has reprimanded and fined The Hongkong and Shanghai Banking Corporation Limited (HSBC) $2.5 million for regulatory breaches and internal control failings related to position limit failures. The disciplinary action follows an SFC investigation ...
Asian stocks fall to six-week lows as bond rout intensifies
September 14th, 2016
Asian stocks wallowed near six-week lows on Wednesday and the dollar stood strong against a broad swathe of currencies including the Japanese yen as concerns grew about the fading impact of the world’s major central banks to stimulate growth. ...
CySec approved a new Cyprus Investment Firm license
September 13th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Royal Financial Trading (Cy) Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now ...
The Autorité des Marchés Financiers (AMF) consults on the future implementation of new MiFID II provisions on payments for research
September 13th, 2016
Ahead of the application of the new European regulatory framework on markets in financial instruments (MiFID II), the Autorité des Marchés Financiers is reflecting on the implementation of new provisions on payment for research used by professionals providing investment ...
Asian Shares Shed Early Gains
September 13th, 2016
Asian shares shed some of their early gains by midday Tuesday as sentiment regarding the course of U.S. interest-rate policy continues to play heavily on market direction. Fears of a rate increase, which have built in recent days, eased ...
Stocks, currencies gauges rebound from worst slump since June; Emerging Markets
September 13th, 2016
Stocks, currencies gauges rebound from worst slump since June Ringgit sinks with oil as local markets reopen after holiday Emerging markets took a breather, with stocks and currencies rebounding from their worst two-day drop since June, as traders pared ...
Abu Dhabi Tax-Free Zone Offers Bespoke Rules For FinTech Startups
September 12th, 2016
Abu Dhabi Global Market, a tax-free zone in the United Arab Emirates, has released details on its new Regulatory Lab initiative, which is intended to support companies to develop and test new financial technology solutions. The ADGM has released ...
TechFinancials reports Revenue increased by 34% to US$9.86m
September 12th, 2016
TechFinancials (AIM: TECH), a leading technology provider to financial trading brokers, today announces its unaudited interim results for the six month period ended 30 June 2016 (“H1 2016”). Financial Highlights Revenue increased by 34% to US$9.86m (H1 2015: US$7.34m) ...
Asia stocks, bonds suffer central bank anxiety attack
September 12th, 2016
Asian shares suffered their sharpest setback since June on Monday as investors were rattled by rising bond yields and talk the Federal Reserve might be serious about lifting U.S. interest rates as early as next week. European bourses were ...
