Guidelines to protect users of electronic payments; MAS Singapore
February 14th, 2018
The Monetary Authority of Singapore (MAS) launched a public consultation on proposed guidelines to protect users of electronic payments (“e-payments”). The proposed E-payments User Protection Guidelines aim to encourage wider adoption of e-payments by setting standards on the responsibilities ...
IT Project Managers (Limassol)
February 13th, 2018
IT Project Managers (Limassol) Reference Number: PMO1018 The position: We are looking for high calibre and experienced IT Project Managers to join our IT Project Management team in Limassol. The main responsibilities of the position include: Delivering multiple technology ...
The stock market correction has arrived in Europe
February 7th, 2018
The stock market correction arrived in Europe on Tuesday. The punishing global stocks rout pushed key indexes in Germany, Spain and Sweden into correction territory, meaning they have dropped 10% or more from recent highs. All three benchmark indexes ...
CySEC fined €30.000 a Cyprus Investment Firm
February 6th, 2018
The Board of the Cyprus Securities and Exchange Commission (‘the CySEC’) has issued today an announcement to inform the public that, at the meeting held on 20th November 2017, decided to impose an administrative fine of €30.000 to the CIF ...
Regulators in France clarify their expectations regarding crowdfunding
February 6th, 2018
Through their Joint Unit, the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) wish to enhance crowdfunders’ protection. They have decided to publish a position on the procedure for default rates calculation, ...
CySEc decided to withdraw the authorization of a Cyprus Investment Firm
February 6th, 2018
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued an announcement to inform that, on its meeting of 25th September 2017, has decided, pursuant to sections 25(1)(b) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law ...
CySec announced the authorisation of two Cyprus Investment Firms
February 5th, 2018
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued two announcements to inform that new companies have been approved by the Commission as Cyprus Investment Firms (CIFs). According the announcements, the firms Grandis ...
Stocks in Europe declined; Euro declined, British pound fell, Japanese Yen dipped
February 2nd, 2018
Stocks in Europe declined following a mixed session in Asia as rising pressure on bond yields round the world stirred the Bank of Japan into action to keep rates from getting out of whack with policy targets. The Stoxx ...
ESMA publishes results of the second EU-wide CCP stress test
February 2nd, 2018
The European Securities and Markets Authority (ESMA) has published today the results of its second EU-wide stress test exercise regarding Central Counterparties (CCPs) established in the European Union (EU). The CCP stress test assesses the resilience and safety of ...
Bitcoin hits 2018 low: Massive decline as cryptocurrency fails to sustain soaring prices
February 1st, 2018
Bitcoin has been hammered by the “worst monthly decline since January 2015” which has seen the value plummet from a peak of almost £14,000 ($20,000) last year to a new 2018 low this week, it has emerged. Cryptocurrency tracking ...
