Search Results for: compliance
CySec announced revocation of decision regarding IQ Option Europe
January 16th, 2017
Following the announcement dated September 30 regarding the decision of the Cyprus Securities and Exchange Commission (CySec) dated September 05 to impose an administrative penalty to the CIF IQ Option Europe Ltd for noncompliance with the following legislation: 1. ...
Morgan Stanley to pay a $13 million penalty
January 16th, 2017
The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney has agreed to pay a $13 million penalty to settle charges that it overbilled investment advisory clients due to coding and other billing system errors. The firm ...
Oil Posts Biggest Two-Day Gain in 6 Weeks as Saudis Make Cuts
January 13th, 2017
Saudis cut production to less than 10 million barrels a day Russia ready to discuss export monitoring, minister says Oil climbed, posting the biggest two-day gain in almost six weeks, after Saudi Arabia said it cut production even more ...
Fiat Chrysler accused of diesel emissions cheating
January 13th, 2017
EPA Notifies Fiat Chrysler of Clean Air Act Violations FCA allegedly installed and failed to disclose software that increases air pollution from vehicles The U.S. Environmental Protection Agency (EPA) today issued a notice of violation to Fiat Chrysler Automobiles ...
Oil prices stumble after strong jump in U.S. crude stocks
January 12th, 2017
Crude prices slipped Thursday after data showed a stronger-than-expected increase in U.S. crude and distillate fuel stocks at a time when oil exports out of the Middle East are surging. On the New York Mercantile Exchange, light, sweet crude ...
Oil prices edge up on reports of Saudi supply cuts, but details murky
January 11th, 2017
Oil edged up on Wednesday, lifted by reports of Saudi supply cuts to Asia, but gains were capped by a lack of detail about the reductions and because of signs of rising supplies from other producers. Prices for Brent ...
Volkswagen confirms $4.3bn settlement; in addition it will plead guilty to criminal misconduct
January 11th, 2017
Volkswagen has confirmed it has negotiated a $4.3bn (£3.5bn) draft settlement with US regulators to resolve its diesel emissions scandal. The German car giant said in addition to the fine it will plead guilty to criminal misconduct as part ...
CySec fined Administrative Services Provider for €15.000
January 10th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that the Board of the Commission at its meeting held on December 05, 2016, decided to impose a total administrative fine of €15.000 on the ASP ...
Abila Predicts Key Nonprofit Finance and Accounting Trends for 2017
January 10th, 2017
Abila, the leading provider of software and services to nonprofits, associations, and government entities, today shared the trends it predicts will have the biggest impact on nonprofit finance and accounting in 2017: an increase in part-time and outsourced staffing ...
Dollar Drops Further While Asia Stocks Are Mixed: Markets Wrap
January 10th, 2017
U.S. currency continues slide from peak at start of year Japanese shares slump, Hong Kong equities gain for fourth day The dollar slumped for a second day, continuing its slide from a multi-year peak at the beginning of 2017. ...
