Search Results for: ELA
MAS Strengthens Regulations against Money Laundering and Terrorism Financing
April 24th, 2015
The Monetary Authority of Singapore (MAS) today issued revised Notices to financial institutions (FIs) on anti-money laundering (AML) and countering the financing of terrorism (CFT). The revisions are benchmarked against international best practices and the latest recommendations of the ...
Bullion Capital Announces Liquidity Deal With Finemetal Asia
April 24th, 2015
The world’s leading electronic exchange for allocated physical precious metals, Bullion Capital, has announced a new partnership agreement with specialist liquidity provider, Finemetal Asia. The collaboration with Finemetal Asia is a significant step in Bullion Capital’s rapid global expansion ...
FX broker Advanced Markets clarifies its AFS licence
April 24th, 2015
Following concerns raised by ASIC, Advanced Markets Ltd (Advanced Markets) has agreed to make changes to its website (www.advancedmarketsfx.com). The changes relate to statements which may have been misunderstood as implying that ASIC regulates all financial services provided by ...
Deutsche Bank agrees to pay fines
April 23rd, 2015
Deutsche Bank has issued a press release to inform that: Deutsche Bank has reached a joint settlement with US and UK regulators over all of their remaining investigations into past submissions for interbank offered rates (IBOR) benchmarks. Read also: Deutsche Bank ...
Deutsche Bank fined £227 million by FCA
April 23rd, 2015
The Financial Conduct Authority (FCA) has handed Deutsche Bank AG (Deutsche Bank) a £227 million ($340 million) fine, its largest ever for LIBOR and EURIBOR-related (collectively known as IBOR) misconduct. The fine is so large because Deutsche Bank also ...
European Investment Bank rolls out the Investmet Plan for Europe
April 23rd, 2015
The first projects and transactions earmarked for benefitting from an EU budget guarantee under the European Fund for Strategic Investments (EFSI) have been approved by the Boards of the European Investment Bank (EIB) and the European Investment Fund (EIF) ...
Lifting potential growth in the euro area
April 23rd, 2015
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Welt-Währungskonferenz Potential growth and monetary policy The euro area economy seems now to be turning the corner. Both the hard and soft data suggest that ...
Turkey and Russia may conclude free trade agreement by year end
April 23rd, 2015
Turkey is interested in using national currencies to pay for export and import operations with Russia Turkey and Russia are not facing any particularly difficulties in the process of preparing a Turkish-Russian free trade agreement, Turkish Minister of Economy ...
MarketAxess Reports First Quarter 2015 Record Revenues
April 23rd, 2015
MarketAxess Reports First Quarter 2015 Record Revenues of $76.8 Million, Record Pre-Tax Income of $38.5 Million and Record Diluted EPS of $0.65 First Quarter Financial Highlights* Record revenues of $76.8 million, up 21.1% Record pre-tax income of $38.5 million, ...
RMB currency of choice for multinational deals
April 22nd, 2015
A report produced by Allen & Overy has found that more than half of multinationals use the renminbi for transactions outside China. This week’s release of the Generation ¥ – RMB: the new global currency by A&O reveals that ...
