Israeli-based firm must pay more than $1.7 million for misleading investors into trading binary options
November 11th, 2016
The Securities and Exchange Commission announced that an Israeli-based firm must pay more than $1.7 million for misleading investors into trading binary options over the internet, and the agency warned that other firms may be out there actively trying to ...
No matter who wins US Election markets are betting on one truly safe investment
November 7th, 2016
No matter who wins the race for the White House, markets are betting on one truly safe investment, and that is the currency of a country with bleak economic prospects – Japan. Markets had long been pricing in a ...
Switzerland is easing its FinTech regulatory framework to boost its competitiveness
November 4th, 2016
A dynamic fintech system can contribute significantly to the quality of Switzerland’s financial centre and boost its competitiveness. Against this backdrop, the Federal Council called for an easing of the regulatory framework for providers of innovative financial technologies during ...
Bitcoin Regulation is on Swiss Government’s Fintech-Friendly Agenda
November 3rd, 2016
Switzerland’s Federal Council has called for reducing the barriers seen by Fintech firms to enter the country which could see broader implications on the country’s regulatory stance on virtual currencies like bitcoin. In a meeting today, the Swiss Federal ...
KPMG is getting questioned to Wells Fargo sales-practices scandal
November 3rd, 2016
Wells Fargo & Co. isn’t the only one having to answer to Washington over its sales-practices scandal. Its longtime auditor, KPMG LLP, is getting questioned, too. In a letter to KPMG last week, Sen. Elizabeth Warren (D., Mass.) and ...
EU and Canada signed CETA; a trade deal that sets a new standard for global trade
November 1st, 2016
On 30 October, the EU and Canada sign a trade agreement, known as the Comprehensive Economic and Trade Agreement (CETA). This deal will create jobs and growth by boosting trade and strengthening economic relations. CETA’s progressive nature will set ...
New York’s bitcoin hub dreams fade with licensing backlog
October 31st, 2016
New York’s financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopted trailblazing virtual currency rules last year. But the state lost that momentum when the agency’s chief left, putting a licensing ...
Israeli regulator seeks binary options global sales ban
October 27th, 2016
Global estimates are that 90% of binary options firms are Israeli and Securities Authority head Shmuel Hauser wants all marketing worldwide banned. Last March, the Israel Securities Authority, headed by Prof. Shmuel Hauser, banned the marketing of binary options ...
CySec fined €225.000 a Cyprus Investment Firm
October 25th, 2016
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on September 26, 2016, decided to impose a total administrative fine of €225.000 on the CIF XFR Financial Ltd ...
Head of Legal Department
October 18th, 2016
The Legal department handles a wide variety of tasks, and works closely with senior management of the business. Among others, the successful candidate will be responsible for all legal affairs and related matters of the Firm and will help ...
