Search Results for: compliance
iSignthis announces first Bank to Bank transfers via BIC: ISEMCY22XXX
December 5th, 2018
Highlights IBAN based accounts now live, sending and receiving EUROS (€) across EEA/SEPA and Switzerland Client Funds deposited with zero credit risk under EU’s “Eurosystem” Central Banking system eMoney Account (EMA) facilities connected to ISXPay card processing capabilities. $4M ...
ISXPay EU/EEA ‘production live’ with own Visa & Mastercard Principal Licenses
November 27th, 2018
Highlights ISXPay Tier 1 ‘production live’ in the EU, via own Visa and Mastercard principal licenses $880m annualised GPTV volume to be incrementally ramped from January through March ‘19 New & existing merchants being onboarded to platform from December ...
Breaking: Cyprus Investment Firm license suspended
November 20th, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform investors that on November 20, 2018, decided to suspend in whole the license of a Cyprus Investment Firm. In accordance CySEC’s announcement, the authorisation of the ...
CySEC suspends and withdraw the license of Cyprus Investment Firms
November 14th, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued today an announcement to inform investors that has decided to suspend the CIF license of a Cyprus Investment Firm. In accordance CySEC’s announcement, the authorisation of the Cyprus Investment Firm ...
Diners Club International & ISXPay enter into Acquiring License
November 14th, 2018
Highlights ISXPay will offer card acquiring services to merchants for Diners and Discover branded cards eCommerce/online merchant acquiring agreement Territory Australia, EU with global opportunity, excluding North America. Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd ...
The AFS licence of the retail OTC derivative issuer AGM Markets cancelled
November 14th, 2018
The Australian Securities & Investments Commission (ASIC) has issued an announcement to inform that ASIC has cancelled the Australian financial services (AFS) licence of the retail OTC derivative issuer, AGM Markets. In accordance the announcement, an ASIC investigation found ...
Former managing director of Deutsche Bank Securities Inc. charged for fraud
November 12th, 2018
The Commodity Futures Trading Commission (CFTC) announced today that it filed and settled charges against Jacob Bourne, a former managing director of Deutsche Bank Securities Inc., for fraudulently mismarking swap valuations to conceal significant trading losses. The CFTC Order ...
Individuals fined and banned from performing any role in regulated financial services
November 7th, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued a press release to inform that The Upper Tribunal has upheld the Financial Conduct Authority’s (FCA) decision to fine ...
Hong Kong unveiled first set of rules governing the cryptocurrency market
November 2nd, 2018
Hong Kong’s financial watchdog unveiled on Thursday a comprehensive set of regulations governing cryptocurrencies in a move to enhance investor protection which analysts believe could help make the city a major trading centre for virtual assets, analysts said. The ...
ISXPay®: deposit taking via own BIC: ISEMCY22XXX
October 31st, 2018
Highlights IBAN based accounts now being issued, following successful testing and certification of Software Client Funds deposited with zero credit risk under EU’s “Eurosystem” Central Banking system Bi-directional bank to bank transfers live on 04th December 2018 across EEA/SEPA ...
