Search Results for: Swiss bank
CFTC Expands Interest Rate Swap Clearing Requirement
September 29th, 2016
The U.S. Commodity Futures Trading Commission (Commission) today expanded the existing clearing requirement for interest rate swaps. The Commission voted unanimously to approve an amendment to Commission regulation 50.4(a) that establishes a new clearing requirement determination. The new clearing ...
AMF warns for unauthorised Binary Options trading websites
September 15th, 2016
The Autorité des Marchés Financiers (AMF), the financial regulatory authority of France, has issued a press release to inform investors and public for Binary Options trading Websites offering their services in France without the necessary authorisation by AMF. Below is ...
Asia markets mostly down; Nikkei sells off following disappointing inflation data
August 29th, 2016
Asia markets closed mostly lower on Friday, with Japanese stocks selling off more than 1 percent after soft inflation data prompted concerns over the effectiveness of government stimulus. The benchmark Nikkei 225 closed down 195.24 points, or 1.18 percent, at 16,360.71. Across the ...
Geneva’s Corporate-Tax Fight Becomes ‘Mother of All Battles’
August 29th, 2016
When the European Union pressured Switzerland to scrap tax breaks for foreign companies, Geneva had the most to lose. Now, the canton that’s home to almost 1,000 multinationals is set to use tax to burnish its appeal. Geneva will ...
Fed’s Dislike of Negative Interest Rates Points to Limits of Stimulus Measures
August 29th, 2016
Federal Reserve officials are content to watch others’ experience of negative rates from a distance Federal Reserve officials are turning a cold shoulder to a controversial idea being tried in Japan and much of Europe to boost anemic economies: ...
FXCM Issues Statement on CFTC Complaint
August 22nd, 2016
FXCM has issued a statement in relation to the complaint filed by CFTC on August 19, 2016. Below is the FXCM’s statement as it was published on August 19, 2016: FXCM Inc. (NYSE:FXCM) (or the “Company”), today issued a statement ...
EU mergers and takeovers
August 2nd, 2016
Aug 2 The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS — Sony Corp to buy out the Michael Jackson estate’s stake in its music publishing ...
Regulators from around the world issued warnings for unauthorised financial services companies
July 21st, 2016
The Financial Conduct Authority (FCA) of UK, the Central Bank of Ireland, the Sweden’s regulator Finansinspektionen, the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg, the Swiss Financial Market Supervisory Authority (FINMA), the Spanish Comisión Nacional del Mercado ...
Wirecard integrates Apple Pay as a new payment method in Switzerland
July 8th, 2016
Apple Pay integration in the Wirecard Mobile SDK Wirecard, the leading payment service provider, will offer its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient when ...
Currency traders would likely dump the pound in the event of a Brexit
June 23rd, 2016
If the U.K. voted to exit the European Union (EU), currency traders would likely dump the pound and send funds into the dollar, FX pros said. The Brexit referendum, which will decide whether the U.K. remains in the 28-member ...
