Search Results for: compliance
CySec announced an administrative penalty to an AIFM
February 7th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a press release to inform investors that, at its meeting held on December 19, 2016, decided to impose a total administrative fine of €5.000 on the AIFM ‘Fortified Capital Ltd’ (the ...
Thomson Reuters to acquire Clarient Global and Avox Limited
February 7th, 2017
Thomson Reuters has signed definitive agreements to acquire Clarient Global LLC and Avox Limited. Clarient is a leading global Know Your Customer (“KYC”) and client reference data platform owned and used by the Depository Trust & Clearing Corporation (“DTCC”), ...
FXCM and its founding partners ordered to pay a $7 Million Penalty
February 7th, 2017
CFTC Orders Forex Capital Markets, LLC (FXCM), Its Parent Company, FXCM Holdings, LLC and FXCM’s Founding Partners, Dror Niv and William Ahdout, to Pay a $7 Million Penalty for FXCM’s Defrauding of Retail Forex Customers FXCM, Niv, and Ahdout ...
Grexit is back? Greece faces critical few weeks
February 6th, 2017
In the week of Groundhog Day it seemed entirely appropriate: Greek farmers, many on tractors, have once again been blockading roads and border posts amid mounting signs that the country long at the centre of Europe’s debt woes is ...
KPMG: What the top considerations for Internal Audit in 2017
February 6th, 2017
Competing in a rapidly changing world, companies must grapple with emerging challenges seemingly every day: cyber threats, emerging and potentially disruptive technologies, business performance risk and more. In this increasingly complex environment, Internal Audit (“IA”) has a crucial role ...
International law firm appoints team from PwC and establishes international tax disputes practice
February 3rd, 2017
Bird & Bird has today launched an international tax disputes practice based in the UK, with the appointment of a team from PricewaterhouseCoopers (‘PwC’). Andy Brown and Julian Balson join as partners, along with Ben Holloway as Legal Director, ...
Deutsche Bank reports core capital ratio of 11.9% despite 2016 full year net loss of EUR 1.4 billion
February 3rd, 2017
John Cryan, CEO, said: “Our results for the year 2016 were heavily impacted by decisive management action taken to improve and modernise the bank, as well as by market turbulence for Deutsche Bank. We proved our resilience in a ...
CySec informs Cyprus Investment Firms regarding their obligations to clients
February 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform the Cyprus Investment Firms for their obligations when providing information to clients on the services and instruments offered. According to the Circular, CySec wishes to set ...
PKF International Network signed a new firm
February 1st, 2017
It has been a successful start to the year for PKF International, with the signing of Frazier & Deeter LLC, one of the top 100 firms of Certified Public Accountants (CPA) in the US, to re-join its global network ...
Information Security Officer
January 31st, 2017
Reference Number: ISO2017 With over 1,000,000 clients since it was founded in 2009, XM has grown to a large and well established international investment firm and has become a true industry leader. With a workforce of more than 300 ...
