Search Results for: EC
Directors of Storm Financial penalised for breach of duties
March 22nd, 2018
The Australian Securities and Investments Commission has issued an announcement to inform investors and public that the Federal Court has imposed civil penalties of $70,000 each on the directors of Storm Financial, Emmanuel and Julie Cassimatis, who were previously ...
CySEC announced that an Administrative Services Provider waived its authorisation
March 12th, 2018
The Cyprus Securities and Exchange Commission (‘CySEC’) announces that, on 31st December 2017, the Company Providing Administrative Services Veinard Gelingen Ltd (the ‘Company’), waived its authorisation pursuant to section 16(1) of the Law Regulating Companies Providing Administrative Services and ...
Europe plans special tax for tech giants
March 8th, 2018
Bruno Le Maire, France’s minister for the economy, has revealed that a plan to levy a special tax on Google, Apple, Facebook, and Amazon will soon be revealed by European authorities. Le Maire told French newspaper Le Journal du ...
Italian vote, trade concern darken Europe’s economic outlook
March 7th, 2018
For months, the 19-country eurozone economy has been one of the bright spots in the global economy, with growth and job creation picking up steam after years of crisis management and a lack of confidence. But on Monday, the ...
Consumer credit reporting agency released updated information on cybersecurity incident
March 6th, 2018
As a result of ongoing analysis of data stolen in last year’s cybersecurity incident, Equifax Inc. (NYSE: EFX) announced that the company has confirmed the identities of U.S. consumers whose partial driver’s license information was taken. Equifax was able ...
The European Securities and Markets Authority updates EMIR Validation Rules
March 5th, 2018
The European Securities and Markets Authority (ESMA) has updated today its validation rules regarding the European Markets Infrastructure Regulation (EMIR) with regards to the revised technical standards on reporting under Article 9 of EMIR. ESMA updated its validation rules ...
This is the first country in the world to recognize a cryptocurrency as legal tender
March 5th, 2018
The Marshall Islands is creating its own digital currency in a bid to raise money. In doing so it becomes the first country in the world to recognize a cryptocurrency as legal tender. The small Pacific Island nation passed ...
Election in Italy appears to have given no party a clear majority; Here’s what happens next
March 5th, 2018
Sunday’s election in Italy appears to have given no party a clear majority — signaling a period of political instability for one of Europe’s biggest economies. As of Sunday night local time, Italian exit polls indicated that a center-right ...
Euro slid after Italian election results; Here are some key events coming up this week
March 5th, 2018
Asian equities declined on continued investor concern about the impact of American tariffs on the global economy. The euro slid after initial results from the Italian election suggested a hung parliament. Stocks fell from Tokyo to Sydney, with the ...
What You Need To Know About Digital Currency Security
February 27th, 2018
Last year, the value of the major cryptocurrencies, led by Bitcoin, increased by over 2,000%, leading many investors to believe that digital currencies were truly the investment asset class of the present and future. However, there are many factors ...
