Search Results for: EC
CySec imposed an Administrative Fine of €138.000 on a Cyprus Investment Firm
July 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on June 06, 2016, the Commission decided to impose a total administrative fine of €138.000 to the CIF B.O. Tradefinancials ...
BDO has appointed former KPMG director
July 11th, 2016
Top Six firm BDO has appointed former KPMG director Christopher Arnull as its first head of Legal and Practice Protection, as the accountancy firm looks to tackle more legal and regulatory challenges. Arnull, who joins BDO from KPMG where ...
Italy may trigger collapse of European economy
July 11th, 2016
No emergency measures of either the European Central Bank or any other central banks can rescue the European banking system that currently stands on the verge of collapse. The shares of Europe’s largest financial institutions – Deutsche Bank and ...
CySec: the authorisation of a Cyprus Investment Firm has lapsed
July 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that: On 30th of October 2015, the CIF authorisation of «Myfxbook Ltd» with number 255/14 has lapsed, pursuant to section 24(1)(a) of the Investment Services and Activities and ...
Oil near two-month low on economic woes; drillers adjust to lower prices
July 11th, 2016
Oil fell on Monday over signs that U.S. shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia. Brent crude was trading at $46.38 per barrel at 0653 GMT (02:53 a.m. EDT), down ...
Playtech announced the appointment of an independent Non-Executive Director
July 11th, 2016
Playtech (LSE: PTEC) announced the appointment of Claire Milne as an independent Non-Executive Director with immediate effect. Claire will join Playtech’s Remuneration Committee, Risk & Compliance Committee, Audit Committee, and Nominations Committee. Claire joins the Board as a recognised ...
CySec: Cyprus Investment Firm renounced its authorisation
July 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 1 June 2016, the CIF Metropol (Cyprus) Ltd, which provided investment services via the domain www.metropol-cyprus.com, renounced its authorization pursuant to section 24(1)(b) of ...
Wirecard integrates Apple Pay as a new payment method in Switzerland
July 8th, 2016
Apple Pay integration in the Wirecard Mobile SDK Wirecard, the leading payment service provider, will offer its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient when ...
Could Berlin Steal London’s FinTech Capital Throne?
July 8th, 2016
As the Brexit fallout continues, it looks as though Berlin may be stepping up to replace London as Europe’s top FinTech capital. With the U.K. making its monumental decision to exit the European Union last week, The Financial Times reported today (July 7) that Germany ...
Will Artificial Intelligence in accounting automation affect accountants job?
July 7th, 2016
Smacc, which uses AI to automate accounting, has secured a $3.5 million Series A round from Cherry Ventures, Rocket Internet, Dieter von Holtzbrinck Ventures, Grazia Equity and business angels. Smacc offers small and medium-sized enterprises a platform to digitize ...