EBA consults on its guidance for the use of cloud computing
May 19th, 2017
The European Banking Authority (EBA) launched today a consultation setting out its guidance for the use of cloud service providers by financial institutions. The EBA Recommendations intend to clarify the EU-wide supervisory expectations if institutions intend to adopt cloud ...
CORPORATE SERVICE PROVIDER
May 19th, 2017
CORPORATE SERVICE PROVIDER Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring the ...
FRENCH, ITALIAN, GERMAN, DANISH, HUNGARIAN, POLISH, CZECH, SPANISH, PORTUGUESE RETENTON OFFICERS
May 18th, 2017
Overview: Trade Finance is in our DNA. For more than 10 years, XTrade offers around-the-clock support and deliver world-class solutions to Clients. Our sophisticated, web-based and Mobile App trading management platforms, allowing clients to manage trade activities from purchase ...
CySec informs Cyprus Investment Firms about the German and Spanish regulators restrictions for trading CFDs
May 18th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued two important Circulars to inform Cyprus Investments Firms about the recent announcements of the German Federal Financial Supervisory Authority (BaFin) and of the Spanish Securities and Exchange Commission (CNMV) in ...
Facebook face EU regulators fines; why?
May 18th, 2017
Facebook suffered a setback on Tuesday over how it uses the reams of information it collects about users worldwide, after two European privacy watchdogs said that the social network’s practices broke their countries’ data protection rules. The announcement by ...
UK investment management firm with approximately 3000 customers entered the SAR insolvency proceedings
May 18th, 2017
Strand Capital Limited (Strand), an investment management firm, formally entered the Special Administration Regime (SAR) insolvency proceedings on 17 May 2017. Having reached an assessment that it was no longer solvent, Strand made an application to the court to ...
AFM warns against the business practices of Florijn Duurzaam Wonen
May 17th, 2017
The Dutch Authority for the Financial Markets (AFM) is issuing a warning to consumers regarding the business practices of Florijn Duurzaam Wonen B.V. Florijn Duurzaam Wonen offers bonds in the Netherlands. Based on information on its website, the AFM ...
Global Brokerage, Inc. announces First Quarter 2017 results
May 16th, 2017
First Quarter 2017 Highlights: U.S. GAAP net revenues from continuing operations of $45.9 million U.S. GAAP net loss attributable to Global Brokerage, Inc. from continuing operations of $24.5 million or $3.99 per diluted share. U.S. GAAP net loss from ...
CySec released information about compensation payment process to the covered clients of CommexFX Ltd
May 15th, 2017
The Cyprus Securities and Exchange Commission (CySec) has released today an update in relation to the compensation payment process by the ICF to the covered clients of CommexFX Ltd. According the announcement: Pursuant to the provisions of paragraph 24 ...
Digital currency, the Airbnb and Uber killer
May 15th, 2017
Ride-sharing app Uber experienced a setback on Thursday (11 May), as a top EU lawyer of the European Court of Justice (ECJ) stated in an opinion that the company can be regulated as a transport business, instead of an ...
