Search Results for: regulators
Paul P. Andrews of FINRA Named IOSCO Secretary General
December 16th, 2015
The Board of the International Organization of Securities Commissions (IOSCO) today announced it has appointed Paul P. Andrews as its new Secretary General. Mr. Andrews is currently the Vice President and Managing Director of International at the Financial Industry ...
FINMA Switzerland warns for unauthorised Forex Broker
December 16th, 2015
FINMA, the Swiss Supervisory authority, has issued a warning to inform investors for companies suspected of conducting unauthorised activities in the financial market. FINMA added on December 15 the below company in its Negative list: 1) Unit FX Address: Route de Pré-Bois 29 ...
Capital Index receives regulatory approval from the UK’s FCA
December 16th, 2015
The UK’s Financial Conduct Authority (FCA) grants Capital Index (UK) Ltd authorised and regulated status. Capital Index (UK) Ltd, a global online brokerage specialising in CFDs, Financial Spread Betting and Spread Trading, has announced that it has been granted ...
ASIC implements clearing regime in Australia for OTC derivatives
December 14th, 2015
ASIC has today released rules implementing Australia’s mandatory central clearing regime for over-the-counter (OTC) derivatives of financial institutions – the ASIC Derivative Transaction Rules (Clearing) 2015 (derivative transaction rules (clearing)) and explanatory statement. The mandatory central clearing regime will ...
German Regulator to Publish Deutsche Bank Libor Report in January ‘At the Earliest’
December 14th, 2015
Germany’s financial markets regulator, BaFin, is likely to publish its final report about its findings over the key reference rate Libor manipulation scandal at the beginning of January at the earliest, according to two people with knowledge of the matter. Accusations ...
MP calls for FRC accounting body to investigate KPMG over HBOS
December 14th, 2015
Britain’s accounting standards watchdog has made a “serious mistake” in refusing to open a formal investigation into accountancy firm KPMG over the way it checked the books of HBOS bank before it collapsed, a senior UK lawmaker said on ...
Russia’s Biggest Bank Wants To Adopt Blockchain. Not Bitcoin
December 11th, 2015
Sberbank, the biggest bank in Russia might adopt blockchain technology in the future. The bank plans to join the international consortium R3 and develop blockchain based services. However, as in the case of other international big banks, it doesn’t plan to use ...
FCA set to investigate HSBC amid claims of ‘improper practices’
December 10th, 2015
Complaints commissioner forces inquiry at regulator, accusing it of mishandling reports of credit card overcharging The City regulator is set to launch an investigation into whether large numbers of people lost out financially because of “improper practices” at HSBC, after ...
JPMorgan Said to Win Relief in SEC Case on Sale of Its Own Funds
December 10th, 2015
Bank to get consent to continue raising money for hedge funds SEC, CFTC may announce settlements with bank as soon as Friday JPMorgan Chase & Co. is close to settling cases that threatened to bar the bank from raising ...
Asian markets trade lower, China bucks trend on IPO reform news
December 10th, 2015
Chinese stocks bucked a generally downward trend in Asian markets on Thursday to trade in positive territory after news broke that Beijing will finally introduce much-need IPO reforms. Oil prices, which remain under pressure due to a global supply ...
