Search Results for: regulators
Malaysia and Australia seal agreement on fintech cooperation
June 29th, 2017
On 27 June 2017 the Malaysia Securities Commission (‘SC’) and ASIC signed a Co-operation Agreement which provides a framework for cooperation to support and understand financial innovation in each economy. Malaysia is a vibrant fintech destination. In 2015, Malaysia ...
Japan and Australia cooperate on fintech
June 26th, 2017
The Japan Financial Services Agency (‘JFSA’) and Australian Securities and Investments Commission (‘ASIC’) announced the completion of a framework for co-operation to promote innovation in financial services in Japan and Australia. This Co-operation Framework recognises the global nature of ...
CySec announced more than 1 Million euro in total fines to Members of the Board of Directors of Cyprus Popular Bank
June 22nd, 2017
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that it has investigated the compliance of: Cyprus Popular Bank Public Co Ltd, its Board of Director Members’ and its Group ...
Israeli Ministers vote to ban Binary Options sales overseas
June 19th, 2017
Marketers of binary options “grow, accelerate and inflame antisemitism against all Jews and especially against Israelis,” says Israel Securities Authority Chairman. The cabinet and the Ministerial Committee for Legislation approved a bill on Sunday with a blanket prohibition against ...
Trax and Bats Europe Connect for MiFID II Equities Trade Reporting
June 16th, 2017
Trax®, a subsidiary of MarketAxess Holdings, Inc. and a leading provider of regulatory reporting, trade matching and capital market data services, and Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today announce plans ...
Google faces big fine in first EU case against search practices
June 16th, 2017
Search giant is braced for a fine that could top €1bn with decision expected shortly Google is braced for a fine of potentially more than €1bn as Brussels prepares to announce the first of its trio of antitrust decisions ...
Volkswagen faces biggest legal action; A Pan-European lawsuit seeks billions refunds
June 14th, 2017
Around 220,000 car drivers in the Netherlands, England and Wales joined forces on Tuesday in what could become a pan-European lawsuit against German carmaker Volkswagen seeking compensation over its “dieselgate” emissions scandal. UK law firm Harcus Sinclair and Dutch Foundation ...
Stocks, Currencies Mixed Ahead of Fed; Oil Slumps
June 14th, 2017
China retail sales, output match forecast, Aussie dollar rises Treasury yields steady; South Korea’s Kospi gives up gains Asian equities were mixed, with solid gains in Australia and New Zealand offset by China, where markets weakened despite data showing ...
Deutsche Bank will pay $170 million to settle an investor lawsuit about Euribor
June 13th, 2017
Deutsche Bank AG (DBKGn.DE) will pay $170 million to settle an investor lawsuit claiming it conspired with other banks to manipulate the benchmark European Interbank Offered Rate and related derivatives. A preliminary settlement was filed on Monday with the ...
Hong Kong and Australia seal agreement on fintech cooperation
June 13th, 2017
The Hong Kong Securities and Futures Commission (‘the SFC’) and ASIC today signed an Agreement on fintech cooperation which provides a framework for cooperation to support and understand financial innovation in each economy. This Cooperation Agreement builds on the ...
