Search Results for: EC
CySec released Consultation Paper about the Investor Compensation Fund
April 12th, 2017
The Cyprus Securities and Exchange Commission (CySec) has published today (12 April 2017) a Consultation Paper CP(2017-02) about replacement of the legal framework governing the operation of the Investor Compensation Fund. CySec is circulating this Consultation Paper in the ...
CySec informs CIFs for France’s legislation about advertising speculative, complex and risky products
April 12th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular (C202) to inform Cyprus Investment Firms (CIFs) in relation to France’s national legislation regarding the prohibition of electronic advertising to retail investors when offering speculative, complex and risky ...
CySec advises Cyprus Investment Firms about possible impact of Brexit
April 12th, 2017
Cyprus Investment Firms (CIFs) are advised to look at their business model structure, services and activities in order to consider and analyse the potential impact of a post-Brexit world. The Cyprus Securities and Exchange Commission (CySec) has issued a ...
Bitcoin touches 3-week high as Russia mulls recognizing it as a currency
April 12th, 2017
The price of a single bitcoin on Tuesday climbed to its highest level in three weeks following reports that Russian authorities might recognize the world’s most popular digital currency as a legitimate financial instrument some time next year. If ...
Thomson Reuters launched application that helps asset managers in making investing decisions
April 12th, 2017
Thomson Reuters Helps Drive Greater Accessibility to Quantitative Analysis for Buy-Side with Launch of QA Point Powered by Elsen Cloud-based QA Point enables portfolio managers to more quickly add backtest analytics into fund management Thomson Reuters has launched QA ...
Silicon Valley Bank and First Data launch fintech accelerator
April 11th, 2017
Silicon Valley Bank, the bank of the world’s most innovative companies and their investors, and First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced their collaboration on Commerce.Innovated., an accelerator designed to help commerce, payments and fintech ...
Multinational law firm launches global FinTech mentors program
April 11th, 2017
Hogan Lovells is launching a Global FinTech Mentors Program, through which its most experienced Financial Services and Regulatory partners will guide FinTech organizations, at any stage of development, through their FinTech journey. FinTech mentors will be available to organizations ...
CySec informs about main changes affecting the authorisation requirements for investment firms
April 11th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform any interested parties that the Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending ...
The decline and fall of the EU
April 11th, 2017
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an ...
MOEX: Non-bank companies make first ever FX trades through direct market access
April 11th, 2017
Rosneft and Alrosa have become the first ever corporates to obtain direct market access (DMA) and trade on Moscow Exchange’s FX Market. From 16 January 2017, Russian legal entities not qualified as credit institutions or professional market participants have been eligible ...
