Search Results for: EC
European stocks climb as investors monitor coronavirus spread, economic data
February 19th, 2020
The pan-European Stoxx 600 was up 0.5% by mid-morning having earlier notched a new record high. Basic resources and household goods added 0.8% to lead gains as most sectors and major bourses entered positive territory. China’s National Health Commission ...
iSignthis: ASIC’s win today is a win for the sector and ISX
February 5th, 2020
iSignthis has issued an announcement and informs that: ISX has made it clear multiple times that we do not offer services to unlicensed binary operators who target Australians. ASIC’s win today is a win for the sector and ISX, ...
CySEC suspends the license of a Cyprus Investment Firm
January 23rd, 2020
The Cyprus Securities and Exchange Commission (‘CySEC‘), an independent public supervisory Authority with mission to exercise effective supervision to ensure investor protection and the healthy development of the securities market in Cyprus, has issued an announcement to inform abut ...
Data protection fines hit £100m during first 18 months of GDPR
January 23rd, 2020
European countries have imposed approximately €114 million (£97 million) in data protection fines on businesses since revamped laws came into force in May 2018. Regulators have received 160,000 data breach reports, with UK firms third-most reported across Europe Approximately ...
Breaking: European Central Bank Monetary policy decision
January 23rd, 2020
The European Central Bank has issued a press release to inform that at today’s meeting the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on ...
Euro traders wait for ECB meeting, yuan drops on virus fears
January 23rd, 2020
The euro remained stuck in its recent trading range on Thursday before the European Central Bank’s meeting, while China’s yuan dropped on fears about the spread of a virus. Euro/dollar traded little changed at $1.1094. So did the dollar ...
The Personal Data Commissioner in Cyprus slaps record fines for data violations
January 14th, 2020
The Office of the Commissioner for Personal Data Protection in Cyprus, an independent public authority responsible for monitoring the implementation of Regulation (EU) 2016/679 (GDPR) and other laws in Cyprus has slapped three related companies with €82,000 fines totalling ...
FCA becomes AML and CTF supervisor of UK cryptoasset activities
January 14th, 2020
The Financial Conduct Authority (FCA) in UK has issued an announcement to inform that the FCA is now the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for businesses carrying out certain cryptoasset activities under the amended Money Laundering, ...
Internet provider faces big GDPR fine for lax call centre checks
December 30th, 2019
A German internet service provider faces a €9.6m ($10.6m; £8m) fine after being accused of failing to carry out tough enough customer ID checks. Germany’s data protection watchdog said anyone who called 1&1 Telecom could get extensive personal information ...
CySEC suspended the authorisation of a Cyprus Investment Firm
December 27th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform that the authorisation of the Cyprus Investment Firm Daweda Exchange Limited (‘the Company’), number 289/16, is suspended in whole, pursuant to section 71(6)(c) of Τhe Investment Services ...
