Search Results for: ESMA
Goldman Sachs Drops Out of R3 Blockchain Group
November 22nd, 2016
Goldman Sachs Group Inc. has dropped out of the R3 CEV LLC blockchain group. The investment bank was one of nine original members of R3, founded in 2014 to explore the use of the distributed database technology in Wall Street infrastructure. ...
European Commission invites European Supervisory Authorities to amend KID documents for investment products
November 14th, 2016
The European Supervisory Authorities (ESAs) – the European Banking Authority (EBA), European Securities and Markets Authority (ESMA) and European Insurance and Occupational Pensions Authority (EIOPA) – have received a letter from the European Commission setting out the amendments it ...
VW, Audi Confirm Investigation Into Carbon Dioxide Levels in Some Audi Cars
November 14th, 2016
Volkswagen AG and its Audi AG luxury unit on Saturday confirmed that U.S. and European investigators are looking into fresh irregularities related to carbon dioxide emissions levels in certain Audi automatic-transmission vehicles. Volkswagen said it was in talks with U.S. and European regulators over ...
Asian Stocks Extend Weekly Drop With Oil Below $45; Lira Weakens
November 4th, 2016
Manager’s team said to order unwanted cards for Wachovia staff Leaders ‘intently focused’ on restoring trust after CEO’s exit After Wells Fargo & Co. executive John Sotoodeh handed off more than a hundred branches in Southern California to a ...
Airbnb may settle a lawsuit against New York state regarding a new law
November 2nd, 2016
Airbnb Inc. is in talks with New York officials about potentially settling a lawsuit the company filed last month against the state and city governments. The company is challenging a new law that punishes people renting their homes. But ...
Barclays’s 25% London Office Space Cut Signals Glut Threat
November 2nd, 2016
Space being cut in London is equivalent of about 5,000 desks Tenants are getting upper hand in rental talks, Jefferies says Barclays Plc’s decision to cut 25 percent of its London office space highlights the growing risk that tenants will ...
New York’s bitcoin hub dreams fade with licensing backlog
October 31st, 2016
New York’s financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopted trailblazing virtual currency rules last year. But the state lost that momentum when the agency’s chief left, putting a licensing ...
Market Volatility Has Currency Traders Abandoning a Tool to Stop Losses
October 30th, 2016
Some currency investors, worried that events such as the pound’s recent collapse could become more common, are abandoning an automated trading mechanism that was supposed to protect them from losses after big market swings. The trading mechanism, known as ...
LinkedIn could soon be banned in Russia
October 27th, 2016
The world’s largest professional network LinkedIn could soon be blocked in Russia. The company has failed to comply with a law that obliges companies to keep data on Russian users in the country. Apart from not moving servers to ...
AAT affirms ASIC’s decision to refuse an application Clemente Group Holdings Pty Ltd for a derivatives/market maker licence
October 27th, 2016
The Administrative Appeals Tribunal (AAT) has affirmed ASIC’s decision to refuse an application from Clemente Group Holdings Pty Ltd (Clemente) seeking an Australian Financial Services (AFS) licence to provide various financial services, including to make a market in derivatives. ...
