Search Results for: ESMA
China court orders Samsung to pay $11.6 million to Huawei over patent case: local media
April 6th, 2017
A Chinese court has ordered Samsung Electronics‘s mainland subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies for patent infringement, the China firm’s first victory against Samsung on its legal challenges over intellectual property. Three units ...
PwC settle $3 billion suit by MF global
March 24th, 2017
The trial between bankrupt brokerage MF Global, run by former New Jersey Gov. Jon Corzine, and its former accounting firm, PwC, came to an unceremonious end on Thursday, with both parties saying they have reached a settlement. Terms of ...
Spain to take measures for protection of retail investors in Forex and CFDs trading
March 22nd, 2017
The Comision Nacional Del Mercado De Valores (CNMV), the Spanish financial regulator, has issued a press release to publish several measures to enhance the protection of retail investors in Spain when investing in CFDs, forex products or binary options. ...
UBS to face trial in France over tax fraud charges
March 21st, 2017
Swiss banking giant UBS will go on trial in France for establishing a wide-ranging tax fraud scheme worth billions of euros, according to legal sources. UBS will be charged with illegal banking practices and dissimulating tax fraud, the sources ...
CySec informs on offering bonuses to retail investors
March 16th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to provide additional guidance on the types of bonus incentives not permissible to be offered to retail clients by Cyprus Investment Firms (CIFs). This current Circular is following ...
SEC Charges Firms Involved in Layering, Manipulation Schemes
March 13th, 2017
The Securities and Exchange Commission today announced fraud charges against a Ukraine-based trading firm accused of manipulating the U.S. markets hundreds of thousands of times and the New York-based brokerage firm and CEO who allegedly helped make it possible. ...
MFSA Mallta warns for CFDs, Forex, Binary Options and other speculative products
March 6th, 2017
Notice addressed to the general public, namely to retail investors, regarding the sale of speculative products and their associated risks. The Malta Financial Services Authority (“MFSA”) wishes to once ...
DFSA Signs MoU with European Securities and Markets Authority
February 23rd, 2017
The Dubai Financial Services Authority (DFSA) and the European Securities and Markets Authority (ESMA) have entered into information sharing and cooperation arrangements regarding DIFC based central counterparties (CCPs) compliance with conditions set out in The European Union’s Market Infrastructure ...
ESAS warn on Money Laundering and Terrorist Financing risks affecting the EU financial sector
February 22nd, 2017
The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published a Joint Opinion addressed to the European Commission on the risks of money laundering (ML) and terrorist financing (TF) affecting the European Union’s financial sector. This Opinion ...
Greece says ‘not a euro more’ from its austerity-impoverished population
February 17th, 2017
European Union officials are urging Greece and its creditors to strike a financial aid deal for the country quickly to safeguard economic recovery. However, Athens has refused a demand from its creditors for more austerity measures. The Greek government ...
