FINRA Bars Former Morgan Stanley Registered Representative
June 2nd, 2017
The Financial Industry Regulatory Authority (FINRA) announced today that it has barred former Morgan Stanley Smith Barney registered representative John Batista Bocchino for concealing approximately $190 million in Venezuelan bond trades from the firm, which had restricted such trading ...
Malta’s regulator suspends fund’s license
June 1st, 2017
Malta Financial Services Authority (MFSA) announced an administrative measure against MCM Global Opportunities Fund SICAV plc. According the announcement: On 24 May 2017, the Malta Financial Services Authority (“the Authority”) suspended the Collective Investment Scheme Licence granted to MCM ...
Financial Penalties Imposed on Credit Suisse and UOB for 1MDB-Related Transactions
May 30th, 2017
The Monetary Authority of Singapore (MAS) announced today that it has completed its two-year review of banks involved in 1MDB-related transactions known to-date. In its latest regulatory actions, MAS has imposed financial penalties on Credit Suisse and United Overseas ...
Cecabank and Grant Thornton create Spain’s first blockchain banking consortium
May 29th, 2017
Spanish wholesale bank Cecabank and consulting firm Grant Thornton have created the first blockchain consortium in Spain. Called Blockchain Banking Consortium, the project intends to progressively develop the potential of blockchain in the financial sector, and according to the ...
Bitcoin price hits $3,800 in South Korea: Factors of arbitrage & rising demand
May 25th, 2017
Bitcoin is being traded at over $3,800 in South Korea, with a 33.5 percent premium. Currently, global average bitcoin price is $2,514, which is closest to the bitcoin price listed by the US exchange market at $2,533. On May ...
Bitcoin’s price hits new all time high $2,322
May 24th, 2017
Earlier this morning, on May 24, bitcoin’s price established its new all-time high at $2,322 based on global average. Although analysts have attributed the recent bitcoin price surge to the strong performance and momentum of the Japanese bitcoin industry, ...
New regulations looming for bitcoin trading in China
May 11th, 2017
Beijing is expected to issue new rules for bitcoin trading in China next month as the cryptocurrency’s price on the country’s trading platforms keeps hitting new highs. According to a Beijing-based media company Caixin citing anonymous sources; the People’s ...
Junior Compliance Officer
May 8th, 2017
Junior Compliance Officer Reference Number: JCO1017 The position: We are looking for a passionate and self-motivated Junior Compliance Officer to join our Compliance team. The main responsibilities of the position include: Assisting in the development of the internal AML/CFT ...
SWIFT announces a new real-time payment controls service
April 13th, 2017
SWIFT today announces a new real-time payment controls service to complement and strengthen its customers’ existing fraud controls. The new fraud and cyber-crime prevention service will enable SWIFT customers to screen their payment messages according to their own chosen ...
EU Justice Scoreboard 2017: justice systems becoming more effective, but challenges remain
April 13th, 2017
The European Commission publishes the 2017 EU Justice Scoreboard which gives a comparative overview of the efficiency, quality and independence of justice systems in the EU Member States. Its aim is to assist national authorities to improve the effectiveness of ...
