Search Results for: EC
USDJPY Facing A Temporary Correction; While USD Index Trading In Final Stages Of A Downtrend
July 12th, 2017
USDJPY is in a nice recovery since mid-June when market turned up from 108.80 after a completion of a bigger three wave fall. That said as we can see bulls took charge and can now be unfolding a bigger ...
BlackRock’s Top Economist Thinks Bitcoin and Ethereum Look Like a Bubble
July 12th, 2017
BlackRock, the $5 trillion asset manager, has not traditionally paid much attention to cryptocurrency platforms such as Bitcoin and Ethereum. Now that the prices of those blockchain-based currencies have risen exponentially in recent months, however, even BlackRock’s top economists ...
ESMA Proposes Simplification for Prospectus
July 11th, 2017
The European Securities and Markets Authority (ESMA) is publishing three Consultation Papers (CP) on the Prospectus Regulation. The Prospectus Regulation, in the context of the Capital Markets Union action plan, aims to make it easier and cheaper for companies, ...
Why free trade and open markets in financial services matter; Andrew Bailey, FCA Chief Executive
July 11th, 2017
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has released a speech by Andrew Bailey, Chief Executive of the FCA, at Reuters Newsmaker event. According the release: Note: this ...
Elliott Wave Analysis: GBPUSD Trading In A Temporary Correction
July 10th, 2017
Elliott Wave Analysis: GBPUSD Trading In A Temporary Correction GBPUSD is trading in a three-wave rise, which we see it as only a temporary correction within a higher degree downtrend. That said, price can be trading in final ...
CySec announced a total fines of €195,000 on directors of a Cyprus Investment Firm
July 10th, 2017
The Cyprus Securities and Exchange Commission (CySec) has today announced a series of financial penalties on the directors of Falcon Brokers Limited (www.new.falconbrokers.com; the “Company”), and has banned all key persons of the Company from exercising professional activity related ...
Moscow Exchange to establish subsidiary focused on innovative projects
July 6th, 2017
Moscow Exchange announces it will commit its innovative technologies business line and work with fintech start-ups to a new subsidiary company, MOEX Innovations. The Exchange plans to invest up to RUB 1.2 bln into innovation-focused companies and projects. Alexander ...
CySec announced settlement with a Cyprus Investment Firm for possible violations of the Law
July 5th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to make publish its decision about reach a settlement with a Cyprus Investment Firm (CIF). According the announcement: CySec, under article 37(4) of the Cyprus Securities and Exchange Commission ...
OECD: Strong progress seen on international tax transparency
July 4th, 2017
Tax evasion continues to challenge governments in developing and developed countries alike, depriving them of resources that would otherwise be available to support sustainable development through investments in infrastructure, health and other common goods. While globalisation has brought many ...
CySec released that a new Cyprus Investment Firm got the CIF license
July 4th, 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 ...
