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BDO announced new Global CEO of the international BDO network
June 13th, 2017
BDO announced that Keith Farlinger, former CEO of BDO Canada and currently a member of the network’s Global Leadership Team in the role of CEO Americas, will succeed Martin van Roekel as CEO of the international BDO network. Martin ...
CFTC Charged a Company and its Owner in a More than $11 Million Trading Futures fraud scheme
June 9th, 2017
CFTC Charged Seattle Residents Sung Hong a/k/a Lawrence or Laurence Hong, Hyun Joo Hong a/k/a Grace Hong, and Her Company Pishon Holding LLC with Fraudulently Soliciting More than $11 Million from Customers in Connection with Trading Futures Federal Court ...
CySec has imposed fines in a collective sum of €405,000 on a number of directors and relevant persons of CommexFX
June 8th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued today a press release to inform about its decision to impose a series of financial penalties on a number of directors and relevant persons of CommexFX Ltd (www.commexfx.com). According the ...
ASIC Cancels the Financial Services License of a Firm
June 7th, 2017
ASIC has cancelled the Australian financial services (AFS) licence of Sydney based company Investment Advisers Alliance Pty Limited (AFS 237902) for failing to lodge its financial statements and auditor’s reports for four consecutive years. ASIC Deputy Chairman Peter Kell ...
Oil prices dipped on Wednesday; What keeps prices under pressure
June 7th, 2017
Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as global fuel markets remained oversupplied, although rising tension in the Middle East and falling U.S. inventories lent some support. Brent crude futures LCOc1 were trading ...
Oil prices fell for a third day on Tuesday
June 6th, 2017
Oil prices slide over worries Middle East rift will undermine output cuts Oil prices fell for a third day on Tuesday, hit by concerns that a political rift between Qatar and several Arab states would undermine an OPEC-led push ...
Dollar weakened and equities retreated as investors turned cautious
June 6th, 2017
Yen climbs to highest in a month, dragging Japan stocks lower Gold gains with 10-year Treasuries; oil resumes declines The dollar weakened and equities retreated as investors turned cautious following a seven-week surge for global stocks. Gold rose and ...
Malta’s regulator suspends fund’s license
June 1st, 2017
Malta Financial Services Authority (MFSA) announced an administrative measure against MCM Global Opportunities Fund SICAV plc. According the announcement: On 24 May 2017, the Malta Financial Services Authority (“the Authority”) suspended the Collective Investment Scheme Licence granted to MCM ...
Grant Thornton to create 250 jobs at Dublin centre
May 31st, 2017
Grant Thornton said a significant number of the new jobs will be at its new centre of excellence in Dublin with other positions in its tax, audit and advisory departments. The company said the expansion will give businesses more ...
Oil falls as rising Libyan, U.S. output undermines cuts
May 31st, 2017
Oil prices fell on Wednesday, as rising output from Libya added to concerns about increasing U.S. production that is undermining OPEC-led production cuts aimed at tightening the market. Brent crude futures LCOc1, the international benchmark for oil prices, were ...
