Search Results for: sec
SEC Chair Mary Jo White Announces Departure Plans
November 15th, 2016
SEC Chair Mary Jo White, after nearly four years as the agency’s head, today announced that she intends to leave at the end of the Obama Administration. Under Chair White’s leadership, the Commission strengthened protections for investors and the ...
CySec approved a new Administrative Services Provider
November 9th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm has been approved: BlauStein Corporate Services Ltd Stasinou 1, Mitsi Building ...
CySec issued update notice regarding the Investor Compensation Fund for Falcon Brokers covered clients
November 7th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform further regarding the Investor Compensation Fund for IF Clients for the the covered clients of Falcon Brokers Ltd. The CIF license of Falcon Brokers Ltd, number ...
FCA UK unveils successful sandbox firms on the second anniversary of Project Innovate
November 7th, 2016
The Financial Conduct Authority (FCA) today marks the second anniversary of Project Innovate by announcing the firms that were successful in their applications to begin testing in the first cohort of the regulatory sandbox. The regulatory sandbox is part ...
ASIC and Ontario Securities Commission sign agreement to support fintech companies
November 3rd, 2016
Innovative fintech companies in Australia and Ontario, Canada will be able to draw on support from the combined resources of their financial regulators as they seek to operate in the others’ market, under a new agreement. Under the agreement, signed ...
CySec announced Initiation of the compensation payment process for Falcon Brokers
October 31st, 2016
The Cyprus Securities Exchange Commission (CySec) has issued an announcement to inform about its decision for Initiation of the compensation payment process by the Investor Compensation Fund for Clients of IFs (‘the I.C.F’) for Falcon Brokers Ltd. CySec’s decision is subject to paragraphs 3(1)(a) ...
CySec: Cyprus Investment Firm renounced its authorisation
October 31st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 30th September 2016, the CIF Starfish Markets (CY) Ltd renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of ...
CySec has issued a Consultation Paper regarding requirements for the safeguarding of clients’ funds
October 27th, 2016
The Cyprus Securities and Exchange Commission (CySec), in the context of establishing effective arrangements and procedures for consultation with market participants, has issued a Consultation Paper regarding a proposed circular on the requirements for the safeguarding of clients’ funds. ...
SoftBank to invest billions of USD in global technology sector
October 26th, 2016
SoftBank Group Corp. (“SBG”) announces that it will form a private fund (the “Fund”) for making investments in the technology sector globally, which is tentatively to be named “Softbank Vision Fund.” SBG expects to invest at least USD 25 ...
CySec fined €225.000 a Cyprus Investment Firm
October 25th, 2016
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on September 26, 2016, decided to impose a total administrative fine of €225.000 on the CIF XFR Financial Ltd ...
