Search Results for: Vest Financial
European Authority Highlights The Risks of Initial Coin Offerings
November 15th, 2017
The European Securities and Markets Authority (ESMA) has issued two Statements on Initial Coin Offerings (ICOs), one on risks of ICOs for investors and one on the rules applicable to firms involved in ICOs. ESMA has observed a rapid ...
Credit Suisse To Pay Millions For Unlawful Conduct In Its Forex Trading Business
November 15th, 2017
Credit Suisse Traders Engaged in Efforts to Manipulate Prices, Profited at the Expense of Clients, and Improperly Shared Customer Information Credit Suisse Executives Encouraged Traders to Engage in Front Running, Which Deceived and Disadvantaged Customers The Bank Will Also ...
MiFID II: ESMA Consults On Systematic Internalisers’ Quote Rules
November 10th, 2017
The European Securities and Markets Authority (ESMA) has opened a public consultation on a proposed amendment to the Regulatory Technical Standard (RTS 1) which details the implementation of the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). ...
Global Growth Buoys Earnings As Third Quarter Fuels Europe, U.S. Equity Boom
November 10th, 2017
European and U.S. firms are reaping the benefits of a global economic expansion that is finally blooming into meaningful earnings growth and looks set to extend an equity boom through the current quarter. While the third quarter of each ...
US Law Firm Received The Largest Fine Ever Profession’s Regulatory Body
November 9th, 2017
US law firm Locke Lord has received the largest fine ever levied by the profession’s regulatory body, the Solicitors Disciplinary Tribunal. The firm has to pay £500,000 after accepting four allegations of misconduct, including acting with a lack of ...
What are the ‘Paradise Papers’ and why should you care?
November 7th, 2017
Little more than a year after the “Panama Papers” leak, the “Paradise Papers” are shedding light on who is investing huge amounts of money in offshore tax havens. What are the so-called Paradise Papers? The leak is a trove ...
Yen slipped, Korean Won and Aussie Dollar rose; Asian stocks climbed
November 7th, 2017
Asian stocks climbed, with a regional index trading at its highest in a decade, as energy and materials companies benefited from a surge in oil and metals prices. Japan’s Nikkei 225 Stock Average finished at its strongest level since ...
Bitcoin Price Achieves New All-Time High at $7,598; Why is the Market So Optimistic?
November 6th, 2017
Once again, the bitcoin price has achieved a new all-time high at $7,598 on November 5, as the market continues to be optimistic about the mid-term performance of bitcoin. In Japan and South Korea, two regions in Asia that ...
KPMG is facing a battle to remain as auditor to the Bank of England
November 6th, 2017
KPMG is facing a battle to remain as auditor to the Bank of England as rivals plot to end its decade-long tenure in the prestigious role. Sky News has learnt that officials from Britain’s central bank contacted other accountancy ...
China and Australia to cooperate on fintech
November 6th, 2017
The China Securities Regulatory Commission (‘CSRC’) and Australian Securities and Investments Commission (‘ASIC’) have entered into an agreement to promote innovation in financial services in their respective markets. The Information Sharing Co-operation Agreement further underlines the significance of the ...
