Search Results for: EU commission
Oil and Gas Company and Top Finance Executives Charged with Accounting Fraud
June 29th, 2017
The Securities and Exchange Commission (SEC) charged a Canadian-based oil and gas company and three of its former top finance executives for their roles in an extensive, multi-year accounting fraud. The SEC’s complaint alleges that Penn West Petroleum Ltd., which ...
CySec announced termination of suspension of a CIF license
June 26th, 2017
The Cyprus Securities ans Exchange Commission (CySec) has issued today an announcement to inform that the partial suspension of the CIF authorization of Xtrade Europe Ltd (the Company), number 108/10, for the provision of financial services and the performance ...
French Regulator proposes ways to reform the functioning of ESMA
June 26th, 2017
Financing, governance, direct powers: in its response to the European Commission’s public consultation on the review of European supervisory authorities, the Autorité des Marchés Financiers has drawn up proposals to strengthen ESMA for the benefit of convergence of supervision ...
SafeCharge reveals research urging fintech innovation for marketplace payments
June 22nd, 2017
New research from Edgar, Dunn & Company, commissioned by SafeCharge (LON: SCH) the payments services partner for the world’s most demanding businesses, has revealed the challenges inhibiting the growth of marketplaces and is calling for fintech innovation to address ...
MoU Signed to Accelerate the Development of the African Fintech Ecosystem
June 20th, 2017
Techpreneur Africa Signs Memorandom of Understanding with Abu Dhabi Global Market to Accelerate the Development of the African Fintech Ecosystem Speaking from a joint press release, TechPreneur Africa, a social impact firm focused on harnessing innovation and entrepreneurship to ...
Bitcoin is suddenly on pace to have its worst week since 2015
June 16th, 2017
After surging briefly to an all-time high of $3,000, bitcoin has been undergoing a dazzling reversal of late, with the digital currency on track to post its worst weekly decline in more than two years. Bitcoin BTCUSD, +1.77% has ...
Hong Kong and Australia seal agreement on fintech cooperation
June 13th, 2017
The Hong Kong Securities and Futures Commission (‘the SFC’) and ASIC today signed an Agreement on fintech cooperation which provides a framework for cooperation to support and understand financial innovation in each economy. This Cooperation Agreement builds on the ...
CySec announced partial suspension of a Cyprus Investment Firm authorization
May 30th, 2017
The Cyprus Securities and Exchange Commission (CySec) announces that the authorisation of the Cyprus Investment Firm Xtrade Europe Ltd (‘the Company’), number 108/10, is partially suspended for the provision of financial services and the performance of financial activities to ...
Bitcoin move over – there’s a new kid on the blockchain
May 30th, 2017
The digital currency bitcoin has broken new records – surging by more than 245 per cent since the start of the year. In just five months, the price of one bitcoin rose from $1,331 to its all-time-high of $3,894 ...
Cecabank and Grant Thornton create Spain’s first blockchain banking consortium
May 29th, 2017
Spanish wholesale bank Cecabank and consulting firm Grant Thornton have created the first blockchain consortium in Spain. Called Blockchain Banking Consortium, the project intends to progressively develop the potential of blockchain in the financial sector, and according to the ...
