Search Results for: EC
Barclays and former executives charged with fraud conspiracy
July 3rd, 2017
Ex-CEO John Varley, Roger Jenkins among four men charged Charges relate to Barclays’s 2008 capital raising with Qatar Barclays Plc and four former executives will appear in a London court for the first time Monday to face allegations they ...
Plus500 released that current trading significantly ahead of market expectations
July 3rd, 2017
Plus500, an online service provider for retail customers to trade CFDs internationally, has issued today a press release to publish a half year trading update. According the announcement: Plus500 today announces that following the announcement made on 2 June ...
QMIS Securities Limited and former responsible officer convicted of giving SFC false or misleading information
July 3rd, 2017
The Eastern Magistrates’ Court has convicted QMIS Securities Limited (QMIS) and its former responsible officer (RO), Mr Huang Kuang Cheng, of making false or misleading representations when submitting licensing information to the Securities and Futures Commission (SFC) (Notes 1 ...
Information technology company charged with accounting fraud
July 3rd, 2017
The Securities and Exchange Commission (SEC) has charged Chicago-area information technology company Quadrant 4 System Corp. (QFOR) and two former top executives in an accounting fraud scheme that misled investors and allowed the former executives to siphon millions from ...
ESMA issues statement on CFDs, Binary Options and other speculative products
June 30th, 2017
The European Securities and Markets Authority (ESMA) has issued a statement updating on its work in relation to the sale of contracts for differences (CFDs), binary options and other speculative products to retail investors. Statement Text: ESMA has been ...
Nokia appoints President of Nokia Technologies
June 30th, 2017
Nokia appoints Gregory Lee to head Nokia Technologies and as member of the Nokia Group Leadership Team Nokia today announced the appointment of Gregory Lee, a proven consumer technology and innovation leader, as President of Nokia Technologies and as ...
Teddy Sagi sold block of shares in Playtech for £337 million
June 29th, 2017
Teddy Sagi continues to sell shares in gambling software company Playtech plc. Through a placement by Brickington Trading Limited, Sagi has sold 36.5 million ordinary shares, representing approximately 11.5% of the issued share capital of the company at a ...
Malaysia and Australia seal agreement on fintech cooperation
June 29th, 2017
On 27 June 2017 the Malaysia Securities Commission (‘SC’) and ASIC signed a Co-operation Agreement which provides a framework for cooperation to support and understand financial innovation in each economy. Malaysia is a vibrant fintech destination. In 2015, Malaysia ...
Oil and Gas Company and Top Finance Executives Charged with Accounting Fraud
June 29th, 2017
The Securities and Exchange Commission (SEC) charged a Canadian-based oil and gas company and three of its former top finance executives for their roles in an extensive, multi-year accounting fraud. The SEC’s complaint alleges that Penn West Petroleum Ltd., which ...
TMX Group selects TCS BaNCS to Power Next Phase of Business Integration Initiative
June 28th, 2017
Tata Consultancy Services to provide Canada’s premier exchange, depository and clearing group with a new consolidated technology platform TMX Group announced the company has chosen Tata Consultancy Services (TCS), (BSE: 532540, NSE:TCS), a leading IT services, consulting and business solutions ...
