Search Results for: EC
CySec announced that a Cyprus Investment Company renounced its authorisation
July 25th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform investors and public that on 5th June 2017, the CIF New Vault Ltd, renounced its authorisation pursuant to section 24(1)(b) of the Investment Services and ...
New Cyprus Investment Firm authorised by CySec
July 24th, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that a new firm has been approved by the Commission as a Cyprus Investment Firm. According the announcement the firm Aspide ...
The rise of Uber affects UK taxi firms turnover
July 24th, 2017
UK taxi turnover falls for the first time in five years as Uber drives up its network expansion The rise of Uber has driven taxi firms’ turnover off course, according to research out today from accountancy firm Moore Stephens. ...
CySec announced authorisation of two new Administrative Services Providers
July 24th, 2017
The Cyprus Securities and Exchange Commission (CySec) released today announcements to inform that the firms CEOCORP Ltd and OneE Trustee Services Limited approved by the Commission as Administrative Services Provider (ASP). Below details were released: CEOCORP Ltd Jacovides Tower, Georgiou Griva Digeni Avenue 81-83, ...
Toronto Stock Exchange Reaches Record Number of ETFs
July 21st, 2017
Toronto Stock Exchange (TSX) announced that it has reached a significant milestone with 500 exchange traded funds (ETFs) listed. This number has more than doubled in the past five years, bringing the total market capitalization of listed ETFs to ...
One of the world’s leading law firms fined a record £250,000
July 21st, 2017
White & Case has been fined a record £250,000 by the Solicitors Disciplinary Tribunal (SDT) for breaching conduct rules. The SDT found that the firm had acted ‘recklessly’ failing to declare conflicts of interest and protect confidential information about ...
Oil steady as Brent crude hovers below $50 ahead of OPEC meeting
July 21st, 2017
Oil prices were little changed on Friday ahead of a key meeting of major oil producing nations next week, with Brent sitting below the $50 per barrel level that was briefly breached for the first time in six weeks ...
CySec announced revocation of administrative sanctions
July 20th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform that: Following a previous announcement dated 8 June 2017, the Board of the Commission would like to inform the public that, on its meeting dated ...
Morgan Stanley reported second quarter earnings well above expectations
July 20th, 2017
Morgan Stanley shares jump after earnings, revenue easily beat the Street Morgan Stanley reported second quarter earnings Wednesday that soundly topped expectations, helped by an increase in stock trading revenues and profits from its wealth management business. Earnings per ...
LSEG and IBM to develop securities data blockchain solution for European SMEs
July 19th, 2017
Borsa Italiana project plans to digitize securities certificate data to simplify issuance and management of shareholding information Solution aims to create a shared registry of shareholder transaction records Blockchain technology helps expand SMEs’ access to credit and enable shareholder ...