Search Results for: Audi
AML Seminar: Initial and “On-Going” Customer Due Diligence (CDD)
February 8th, 2017
eBOS Technologies and GP Global are organizing a seminar titled “INITIAL AND ‘ON-GOING’ CUSTOMER DUE DILIGENCE (CDD)”. The objective of the seminar is to assist participants familiarize themselves with the Customer Due Diligence definition, requirements and how to handle ...
FMA warns firms under Anti-Money Laundering and Countering Financing of Terrorism Act
February 8th, 2017
The Financial Markets Authority (FMA) has issued a formal warning to 12 reporting entities under section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act (the Act). Under section 59(2) of the Act, the FMA required reporting ...
Plus500 reports Preliminary Results for the Year 2016
February 7th, 2017
International online trading platform provider, Plus500, reports record preliminary unaudited results for the year ended 31 December 2016. Financial Highlights: · Record year with strong revenue growth due to increase in New Customers3 and Active Customers4 · Net profit ...
As Bitcoin ETF Nears, Analysts Warn of Trading Frenzy
February 7th, 2017
If the Securities and Exchange Commission approves a bitcoin exchange-traded fund next month, it might set off a speculative rush into bitcoin. An easily accessed ETF that tracks the value of bitcoin could cause money to flood into the ...
FXCM to exit U.S market following the penalty; Sells accounts to Gain Capital
February 7th, 2017
Following the penalty imposed by CFTC, FXCM has issued an announcement to inform that FXCM US reaches Settlement with NFA and CFTC, the company to Exit the U.S., sells Accounts to GAIN and the company to Pay down Loan. ...
FXCM and its founding partners ordered to pay a $7 Million Penalty
February 7th, 2017
CFTC Orders Forex Capital Markets, LLC (FXCM), Its Parent Company, FXCM Holdings, LLC and FXCM’s Founding Partners, Dror Niv and William Ahdout, to Pay a $7 Million Penalty for FXCM’s Defrauding of Retail Forex Customers FXCM, Niv, and Ahdout ...
Royal Bank of Scotland to Pay $85 Million Penalty
February 6th, 2017
CFTC Orders The Royal Bank of Scotland to Pay $85 Million Penalty for Attempted Manipulation of U.S. Dollar ISDAFIX Benchmark Swap Rates In Total, the CFTC Has Imposed $570 Million in Penalties for Attempted Manipulation of ISDAFIX Benchmark The ...
Malta Gaming Authority informs on Skill Games Regulations & Fantasy Sports Ruling
February 4th, 2017
The Skill Games Regulations (S.L. 438.11) are now in force following publication in the Government Gazette on the 24th of January 2017. In terms of these new regulations, the Authority is entrusted with the governance and regulation over the ...
Switzerland initiates consultation on new Fintech regulations
February 4th, 2017
During its meeting on 1 February 2017, the Federal Council initiated the consultation on amendments to the Banking Act and Banking Ordinance in the fintech area. The revision should ensure that barriers to market entry for fintech firms are ...
Visa reports net income of $2.1 billion for Q1 2017
February 3rd, 2017
GAAP net income of $2.1 billion or $0.86 per share, an increase of 7% and 7%, respectively Adjusted net income and earnings per share growth of 23% and 23%, respectively Net operating revenue of $4.5 billion, an increase of ...
