Search Results for: One Financial Markets
European stocks edge lower
February 21st, 2019
European stocks were slightly lower Thursday morning, after a flurry of poorly received corporate earnings reports. The pan-European Stoxx 600 edged down around 0.2 percent during mid-morning deals, with most sectors and major bourses in negative territory. Europe’s banking ...
CySEC announced withdrawal of Cyprus Investment Firm authorisation
February 18th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform that has decided to withdraw the authorisation Cyprus Investment Firm. In accordance the announcement, CySEC on its meeting of 11th February 2019, has decided, pursuant to section 8(1)(a) of ...
Currencies threatened by a credit crisis
February 15th, 2019
In this article I draw attention to the similarities between the current economic situation and that of 1929, and the threat to today’s unbacked currencies. There is the coincidence of trade protectionism with the top of the credit cycle, ...
Brexit – the regulatory challenges
February 13th, 2019
Steven Maijoor, the Chair of the European Securities and Markets Authority (ESMA), delivered a speech on Brexit – the regulatory challenges at the European Financial Forum 2019 in Dublin this morning. The speech focused on ESMA’s preparations for a ...
FCA warns public of investment scams as over £197 million reported losses in 2018
February 7th, 2019
The Financial Conduct Authority (FCA) is warning investors to be vigilant to the threat posed by investment scammers, as data from Action Fraud reveals over £197 million1 of reported losses in 2018. Victims were scammed out of over £29,000 ...
Emerging market currencies fell with the dollar climbing to its highest in nearly two weeks
February 7th, 2019
Emerging market currencies fell on Wednesday with the dollar climbing to its highest in nearly two weeks as investors largely ignored U.S. President Donald Trump’s State of the Union address. Stocks were mostly flat. Concern over global growth continued ...
Trade wars – a catalyst for economic crisis
February 1st, 2019
In my last article I used a proven accounting identity to show that the end result of President Trump’s trade tariffs would be to increase the trade deficit, assuming there is no change in the savings rate. The savings ...
Cross-border testing pilot for innovative firms open to applications
February 1st, 2019
The Global Financial Innovation Network (GFIN) – a group of 29 international organisations including the Financial Conduct Authority – is inviting applications from firms wishing to test innovative financial products, services or business models across more than one country ...
UK Regulator consults on cryptoassets guidance
January 30th, 2019
The FCA, the conduct regulator for financial services firms and financial markets in the UK has issued an announcements to inform that is consulting on guidance, which, once finalised, will set out the cryptoasset activities it regulates. The guidance ...
CySEC withdraw the license of a Cyprus online Forex provider
January 18th, 2019
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued an announcement to inform investors and public that, on its meeting of 22nd October 2018, decided to wholly withdraw the Cyprus Investment Firm authorisation of PFX Financial Professionals Ltd (‘the ...
