Search Results for: ADS Securities
CySec has issued a circular for CIFs regardig their remuneration obligations
June 16th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a circular wishes to remind the Cyprus Investment Firms (CIFs) about their obligations concerning remuneration policies and practices. In particular: 1. The CIFs must establish, implement and maintain remuneration policies ...
CySec warns that individuals are falsely presenting themselves as CySec officers
June 13th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a warning to inform investors and the general public regarding individuals impersonating CySec officers : According to CySec’s warning: Following up on the relevant Cyprus Securities and Exchange Commission (‘CySEC’) announcement ...
CySec announced that a Cyprus Investment Firm renounced its authorisation
June 10th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 31 March 2016, the CIF Glestimon Management Limited, which provided investment services via the domain www.glestimon.com, renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities ...
SEC issues the second-largest Whistleblower Award of $17 Million
June 10th, 2016
The Securities and Exchange Commission announced a whistleblower award of more than $17 million to a former company employee whose detailed tip substantially advanced the agency’s investigation and ultimate enforcement action. The award is the second-largest issued by the SEC ...
The latest press release from IronFX Global regarding the planned merger of IronFX, Nukkleus and FXDD
June 9th, 2016
A formal statement has been released by IronFX, Nukkleus and FXDD and can be found below. The formal statement includes comments by Emil Assentato, Nukkleus Chairman and Chief Executive Officer, Craig J. Marshak, the transaction advisor to Nukkleus and ...
CySec reports that 63 regulated entities connected with Mossack Fonseca Panama Papers
June 3rd, 2016
CySec has issued today a report to inform regarding the results of its evaluation of 413 regulated entities (CIFs, ASPs, MC UCITS, AIFMs, AIFLNP) for possible relation with Mossack Fonseca and Panama Papers. CySec wishes to inform that: Following ...
Monex Group released business metrics for May 2016
June 3rd, 2016
Monex Group Inc. announcement May 2016 business metrics: Monthly Disclosure Monex Group, Inc. today reported the following monthly business metrics of its subsidiaries in May 2016. (Notes) 1. DARTs stand for Daily Average Revenue Trades meaning the number of ...
France seeks €356m in unpaid tax from Booking.com
June 2nd, 2016
French authorities are seeking €356m (£276m) in unpaid taxes from Booking.com, according to documents filed by parent company Priceline. Documents filed with US regulator said French authorities recently completed an audit of Booking.com’s accounts from 2003 to 2012. The ...
Emerging-Market Stocks Post First Weekly Gain Since Early April
June 1st, 2016
Emerging-market equities rebounded last week, posting the first weekly gain since early April. The 2.8% total return for the Vanguard Emerging Market ETF (VWO) for the five trading days through May 27 also marked the strongest performance for the ...
CySec clarifies regarding the renounced of Pegase Capital CIF license
May 30th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to further clarify regarding its announcement dated May 26 for the Cyprus Investment Firm Pegase Capital Ltd. The Cyprus Securities and Exchange Commission (CySec) announces that, on 13th May ...