Search Results for: compliance
Oil prices fell on higher U.S. fuel stocks
January 24th, 2018
Oil prices fell on Wednesday, weighed down by data that showed an increase in U.S. crude oil and gasoline inventories. Brent crude oil futures were at $69.83 a barrel at 0444 GMT, down 13 cents from their last close. ...
Worldline & iSignthis launch Paydentity Services across Europe
January 19th, 2018
iSignthis eMoney Ltd, a subsidiary of the leading RegTech payment and identity verification provider iSignthis Ltd, enters into an agreement with Worldline to provide eCommerce merchants them advanced capabilities of Paydentity™ with the acquiring1 experience and strength of Worldline ...
Euronext Acquires InsiderLog
January 18th, 2018
Euronext, the leading pan-European exchange in the Eurozone with nearly 1,300 listed issuers, announces the acquisition of 80% of the capital of InsiderLog, a Stockholm-based leading player in the field of insider list management, for a cash consideration of ...
CySec informs that two Administrative Services Providers waived their authorisation
January 16th, 2018
The Cyprus Securities and Exchange Commission (CySec) has issued today two announcements to inform that two firms providing Administrative Services waived their authorisation. According the CySec’s announcement, the firms Providing Administrative Services, Zoeline Consultants Ltd and Westring Consulting Services ...
The World Federation of Exchanges publishes position paper on FinTech in the market infrastructure space
January 12th, 2018
The World Federation of Exchanges (“The WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a position paper summarising the WFE’s current views on FinTech and the regulatory environment surrounding it. The purpose ...
EFG Bank AG fined $2 million
January 12th, 2018
The Securities and Futures Commission (SFC) has reprimanded and fined EFG Bank AG (EFG Bank) $2 million for dealing in futures contracts without the required registration (Note 1). The SFC found that between 1 April 2003 and 22 November ...
Shareholder of a Cyprus Investment Firm fined by CySec
January 11th, 2018
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that, at its meeting held on 13 November 2017, decided to impose an administrative fine of €10.000 to Mr. Pavel Krymov, ...
Grant Thornton fined $1.5 Million
January 4th, 2018
PCAOB Announces $1.5 Million Settlement with Grant Thornton for Quality Control Violations and Audit Failures. The Public Company Accounting Oversight Board today announced a $1.5 million civil penalty and censure against Grant Thornton LLP for violations of quality control ...
Cyprus Investment Firm that provides Forex trading received a €95,000 penalty by CySEC
December 20th, 2017
The Cyprus Securities and Exchange Commission (“CySEC”) has imposed a financial penalty on Reliantco Investments Ltd. (“Reliantco”; the “Company”), an investment firm that provides online retail trading products in forex and whose domain names include www.ufx.com; www.ufxaffiliates.com; www.ufxpartners.com. A ...
Cyprus Investment Firm fined by CySec
December 18th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that at its meeting held on 13 November 2017, the Board decided to impose a total administrative fine of €50,000 to CIF Centralspot Trading Ltd for ...
