ASIC: Etrade Australia Securities Limited pays $65,000
December 9th, 2015
Etrade Australia Securities Limited (Etrade) has paid a penalty of $65,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The MDP found it had reason to believe that Etrade had contravened subsection ...
RBI on bitcoin: Closely monitoring crowdfunding space, crypto currencies
August 27th, 2015
Reserve Bank Governor Raghuram Rajan today said it is closely monitoring the crowdfunding space to check if it poses any concerns, while it also called for an active “market intelligence” mechanism on crypto currencies. Reserve Bank Governor Raghuram Rajan today said ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
HSBC pays out £28m over money-laundering claims
June 5th, 2015
Geneva prosecutor agrees to close investigation into HSBC in return for the financial settlement HSBC has been ordered to pay a record 40m Swiss francs (£28m) and been given a final warning by the Geneva authorities for “organisational deficiencies” which ...
Top news of the day, May 29
May 29th, 2015
1. China’s campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it easier for individuals and companies to invest overseas. The latest initiative, expected to be ...
Role of courts in tax disputes under threat, warns Institute President
October 15th, 2014
The ability of taxpayers who dispute how much tax they owe to turn to the court system for a ruling, is under threat, the President of the Chartered Institute of Taxation has warned. In a speech this evening CIOT ...
ASIC charges Goldman Sachs Australia Pty Ltd with $35,000 penalty
September 1st, 2014
The Australian Securities and Investments Commisions (ASIC) has charged Goldman Sachs Australia Pty Ltd (Goldman Sachs) with a penalty of $35,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The penalty was ...
ECB keeps banks on tight leash for health check results
July 10th, 2014
The European Central Bank wants to give banks just 48 hours to review the results of a balance sheet health check so it can guard against data leaks even though the banks would like more time. The ECB is ...
Civil courts braced for fee increases
April 22nd, 2014
A series of court fee increases will come into force today with critics warning they will prevent access to justice for the poorest. Changes to the upfront court fee for proceedings in England and Wales will increase the fee ...
Beware of ‘cloud’ computing snoopers, law firms warned
April 7th, 2014
Firms planning to rely on ‘cloud’ technology for their IT should be aware of the risk of lawful interception by intelligence agencies, the Law Society warns today. A practice note on cloud computing – in which data is stored ...
