Search Results for: compliance
SEC Establishes Supervisory Cooperation Arrangement With Hong Kong SFC
January 20th, 2017
The Securities and Exchange Commission today announced that it has established a comprehensive arrangement with the Hong Kong Securities and Futures Commission (SFC) as part of the SEC’s long-term strategy to enhance the oversight of regulated entities that operate ...
AML Seminar: Initial and “On-Going” Customer Due Diligence (CDD)
January 20th, 2017
eBOS Technologies and GP Global are organizing a seminar titled “INITIAL AND ‘ON-GOING’ CUSTOMER DUE DILIGENCE (CDD)”. The objective of the seminar is to assist participants familiarize themselves with the Customer Due Diligence definition, requirements and how to handle ...
Western Union agreed to pay $586m for Anti-Money Laundering Violations
January 20th, 2017
Western Union Admits Anti-Money Laundering and Consumer Fraud Violations, Forfeits $586 Million in Settlement with Justice Department and Federal Trade Commission Company also Agrees to Implement Anti-Fraud Program and Enhanced Compliance Obligations in Agreements with Federal Authorities The Western ...
CFTC Orders Citigroup Global Markets to Pay $25 Million
January 20th, 2017
CFTC Orders Citigroup Global Markets Inc. to Pay $25 Million for Spoofing in U.S. Treasury Futures Markets and for Related Supervision Failures Five Traders at Citigroup Global Markets Inc. Placed More Than 2,500 Orders with the Intent to Cancel ...
Israel Welcomes Tax Info On Israelis in US
January 19th, 2017
The Israel Tax Authority (ITA) has confirmed that there have been reciprocal exchanges of information, on both American citizens in Israel and Israeli citizens in the United States, under the countries’ Foreign Accounts Tax Compliance Act (FATCA) intergovernmental agreement ...
Oil Resumes Advance as Report Shows U.S. Crude Stockpiles Drop
January 19th, 2017
Nationwide supplies fell 5.04 million barrels last week: API OPEC making “tremendous efforts” to reduce output: Barkindo Oil resumed gains after the biggest drop in more than a week as industry data showed U.S. crude stockpiles declined, while OPEC ...
Thomson Reuters Completes REDI Acquisition
January 18th, 2017
Acquisition allows Thomson Reuters to offer advanced, broker-neutral, cross-asset trade execution capabilities for the buy-side trading community Thomson Reuters has completed its acquisition of REDI Holdings, allowing Thomson Reuters to incorporate an advanced, cross-asset execution management system (EMS) into ...
CFTC Orders CNCGC Hong Kong Ltd. to Pay a $150,000 Penalty
January 18th, 2017
On 53 occasions, CNCGC HK failed to file required Form 304 reports, and on two occasions the firm filed late Form 304 reports The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against ...
Montreal Exchange announced appointment of Vice President and Chief Regulatory Officer
January 17th, 2017
The Montréal Exchange (MX), Canada’s oldest exchange has issued a press release to announce the appointment of Julie Rochette as Vice President and Chief Regulatory Officer of the Regulatory Division of the Montréal Exchange, effective January 16th. Julie assumes ...
Oil prices edge up on weaker dollar, expected crude output cuts
January 16th, 2017
Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut output as part of a deal to curb global oversupply. Brent crude futures LCOc1, the international benchmark for oil ...
