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UK regulator fined a Bank for anti-money laundering systems failings

June 7th, 2018 (0)
The UK regulator Financial Conduct Authority (FCA), has issued an announcement to inform that has fined Canara Bank £896,100 and has imposed a restriction, preventing it from accepting deposits from new customers for 147 days. Financial services firms are ...

Global stocks rally extends in Asia; The Euro and Japanese Yen rose

June 7th, 2018 (0)
A global stocks rally extended its run in Asia Thursday on confidence the global economic expansion remains intact and continuing momentum in U.S. technology shares. Treasuries held losses, with 10-year yields just under 3 percent. Equities gained from Tokyo ...

Polished Diamond prices Index up in May

June 7th, 2018 (0)
The IDEX polished diamond prices index rose in May after a flat performance in April. The Index began the month at 123.77 and ended at 124.74. Outlook Trading was strong during May, and that appeared to be backed up ...

South Korean Supreme Court rules Bitcoin is an asset

June 6th, 2018 (0)
South Korean Supreme Court just ruled that bitcoin is a legally recognizable asset. The landmark ruling occurred on May 30, 2018, and it overturns a decision made by one of the country’s lower courts in a case dating back ...

Scandinavians split Europe on digital tax plan

June 6th, 2018 (0)
“A digital services tax deviates from fundamental principles of income taxation by applying the tax on gross income, i.e. without regard to whether the taxpayer is making a profit or not,” Swedish Finance Minister Magdalena Andersson, and the finance ...

Asian stocks rose on Wednesday, S&P 500 dipped, Euro gained

June 6th, 2018 (0)
Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs. MSCI’s broadest index of ...

iSignthis announced EMA specifically tailored for the CFD/FX, Crypto and other high-risk sectors

June 5th, 2018 (0)
Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX: ISX | FRA_DE: TA8), the global leader in RegTech for identity verification and transactional banking/payments, is pleased to provide the following business update. E Money Accounts (EMA) The ...

Société Générale to pay millions for LIBOR and Euribor manipulation charges

June 5th, 2018 (0)
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Société Générale S.A. (Société Générale or the Bank) for attempted manipulation of and false reporting in connection with the London Interbank Offered Rate (LIBOR) for ...

AMF warns retail investors and public about aggressive “boiler room”

June 5th, 2018 (0)
The Autorite des Marches Financiers (AMF), an independent public authority in France responsible for ensuring that savings invested in financial products are protected, that investors are provided with adequate information and supervising the orderly operation of markets, has issued ...

Oil prices rebounded on Tuesday on expected stockpile drop

June 5th, 2018 (0)
Oil prices rebounded on Tuesday after falling in the previous session on expectations that inventories in the United States may decline but increasing U.S. production and concerns that OPEC may raise output continue to weigh on sentiment. Brent crude ...
Broker Cyprus TopFX