Search Results for: SEC
CySec announced an administrative fine to a Firm providing Administrative Services
September 24th, 2015
The Board of the Cyprus Securities Exchange Commission (‘CySEC’) would like to inform the public that, at the meeting held on August 3rd, 2015, decided to impose an administrative fine of €10.000 to Fellaco Services Ltd for violating section 5(1) of ...
CME Group and China Securities Index Co. Ltd Sign Agreement to Develop Commodity Indexes
September 22nd, 2015
CME Group, the world’s leading and most diverse derivatives marketplace, and China Securities Index Co. Ltd, today announced that they have signed an index development and product licensing agreement. Under this agreement, CME Group will grant CSI a license ...
CySec informs in relation to the announcement of Hungarian supervisory Authority for a specific Cyprus Investment Firm
September 21st, 2015
CySec wants to clarify in relation to an announcement issued last Thursday by the competent supervisory Authority of Hungary (Magyar Nemzeti Bank) and subsequent press reports, that: Read more: Magyar Nemzeti Bank announcement on a Cyprus Investment Firm The announcement by ...
CySec informs that a firm providing Administrative Services waived its authorisation
September 18th, 2015
The Cyprus Securities and Exchange Commission (CySec) has issued an announced to inform that: On 27th July 2015, the Company Providing Administrative Services STM (Cyprus) Ltd (the ‘Company’), waived its authorization pursuant to section 16(1) of the Law Regulating Companies Providing Administrative ...
CySec issued warning for an Unauthorised Firm
September 18th, 2015
The Cyprus Securities and Exchange Commission (CySec), the regulatory authority in Cyprus, has issued a press release to warn public in relation with an Unauthorised Firm. Specific, CySec warns that the company ‘Pilpel Capital LTD’ (http://bloombex-options.com): 1. Is not ...
Citic Securities Placed on S&P Credit Watch List After Probe
September 17th, 2015
S&P places firm on credit watch with negative implications Citic said Tuesday three staff members under investigation Standard & Poor’s placed China’s largest brokerage Citic Securities Co. on a credit watch list days after the firm said some employees including its ...
BT helps global financial industry keep data secure with new ethical hacking service
September 17th, 2015
BT brings in CREST STAR certified security testing to protect financial organisations from cyber threats BT today announced the global launch of “BT Assure Ethical Hacking for Finance”, a new security service designed to test the exposure of financial ...
Beijing investigates senior figure at China’s state securities regulator in latest step to crackdown on market irregularities
September 17th, 2015
The assistant chairman of China Securities Regulatory Commission Zhang Yujun is being investigated for ‘disciplinary violations’ The mainland’s anti-graft watchdog is investigating a senior figure at the state securities regulator, as Beijing takes its latest step in cracking down ...
RBS in 84.4 million pound mortgage securities deal with U.S. regulator
September 16th, 2015
Royal Bank of Scotland Group PLC has agreed to pay 88.4 million pounds to resolve claims by a U.S. regulator that it sold toxic mortgage-backed securities to now-failed credit unions, according to a court filing on Tuesday. The National ...
CySec announces acquisition of CIF (Cyprus Investment Firms) licence
September 16th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that “Alfa Forex Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the supervision of CySec ...
