Search Results for: Vest Financial
CySec informs about main changes affecting the authorisation requirements for investment firms
April 11th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform any interested parties that the Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending ...
Investigations have commenced into Barclays and Group CEO
April 10th, 2017
Barclays PLC and Barclays Bank PLC (Barclays) announce that the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have commenced investigations into: · Jes Staley, Group Chief Executive Officer of Barclays, as to his individual conduct and senior ...
Mazars published UK consolidated financial statements for 2016
April 10th, 2017
International accountancy and advisory firm Mazars has now published its UK consolidated financial statements for the year ended 31 August 2016. The firm’s overall fee income increased from £149 million to £160 million, representing 7% growth. This is the ...
TechFinancials reports revenue increased by 57% to US$21.3 million
April 6th, 2017
TechFinancials Inc. (AIM: TECH), a leading technology provider to financial trading brokers, today announces its results for the year ended 31 December 2016. The Company also announces that in accordance with AIM Rule 20, electronic copies of its Annual ...
ESMA updates MiFID II/MIFIR investor protection Q&As
April 5th, 2017
The European Securities and Markets Authority (ESMA) has added 10 new Q&As to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). The ...
The AMF publishes a draft recommendation on the performance simulations offered to investors
April 4th, 2017
The Autorité des Marchés Financiers (AMF) is publishing a summary of the feedback submitted in response to the public consultation launched in November 2016 on the future performance simulations offered to retail investors. It is also publishing a draft ...
ASIC extends the relief provided for foreign collective investment schemes for two years
April 3rd, 2017
ASIC has extended Class Order Foreign collective investment schemes () for two years. This class order was due to expire (sunset) on 1 April 2017. provides relief for collective investment schemes from the requirement ...
CySec suspends the license of Cyprus Investment Firms providing Forex and Binary Options trading
April 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued four announcements to inform investors and public on its decision dated 13/03/2017 to suspend the license of four Cyprus Investment Firms (CIFs). According the announcements, CySec has suspended the authorization ...
Financial fraud losses in UK totalled £768.8 million in 2016
April 1st, 2017
Financial fraud losses across payment cards, remote banking and cheques totalled £768.8 million in 2016, an increase of 2 per cent on the previous year, figures from Financial Fraud Action UK show. The new data shows banks and card ...
FCA fines former investment banker for sharing confidential information over WhatsApp
March 30th, 2017
The Financial Conduct Authority (FCA) has today fined Christopher Niehaus, a former investment banker, £37,198 for sharing client confidential information over WhatsApp. The FCA found that Mr Niehaus failed to act with due skill, care and diligence. The FCA ...
