Search Results for: financial markets
Christine Lagarde: huge government and bank debts risk new financial crash
April 10th, 2014
IMF head argues for global co-operation on financial stability, warning against risky investments and low eurozone inflation Head of the International Monetary Fund Christine Lagarde issued a warning to world leaders on Thursday that they need to do more ...
Financial Conduct Authority to investigate how firms deal with risk benchmark manipulation
March 31st, 2014
The Financial Conduct Authority (FCA) has announced plans to look into how firms can reduce the risk of traders manipulating key benchmarks as a central part of its Business Plan for 2014/15, which was published today. The forward-looking thematic ...
Warning from CySec for SiliconValley Markets Ltd
March 14th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has issued a warning informing the investors that the company ‘SiliconValley Markets Ltd’, (http://test.stone-markets.com), is not regulated by the Commission. Thus, it is not permitted to provide investment and ...
UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
January 26th, 2024
KEY POINTS Data from industry body Innovate Finance shows that global investment in fintechs sank to $51.2 billion in 2023, down 48% from 2022. Despite that, the UAE saw total investment soar 92%, thanks in part to more fintech-friendly ...
ESMA finds data quality significantly improves under new monitoring approach
April 21st, 2023
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published the third edition of its Data Quality Report under the European Markets Infrastructure Regulation (EMIR) and the Securitised Financing Transactions Regulation (SFTR) reporting ...
Virtual assets-based money laundering and other crypto-enabled crimes
December 14th, 2021
The 5th Global Conference on Criminal Finances and Cryptocurrencies on 7-8 December 2021, co-organised by the Basel Institute on Governance, INTERPOL and Europol, saw several thousand participants from the public and private sectors gathering to exchange knowledge on virtual ...
NatWest fined £264.8 million for anti-money laundering failures
December 14th, 2021
The Financial Conduct Authority (FCA), the conduct regulator in UK for around financial services firms and financial markets, has issued an announcement to inform that National Westminster Bank Plc (NatWest) was fined £264,772,619.95 following convictions for three offences of ...
ESMA imposed a fine for EMIR Data breaches
July 13th, 2021
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has fined DTCC Derivatives Repository Plc (DDRL) a total of €408,000 for seven infringements of the European Market Infrastructure Regulation (EMIR) regarding data confidentiality, data integrity, and ...
Banking faces seismic changes
July 13th, 2021
The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue. The ...
Inflation, asset and consumer prices
June 25th, 2021
“The Fed finds itself between a rock and a hard place: either it keeps inflating or the whole confidence-based valuation of financial assets collapses. Either it raises interest rates or the dollar collapses.” There has been occasional speculation ...
