Search Results for: EC
CySec informs Cyprus Investment Firms about freedom to provide investment services in a third country
March 6th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform Cyprus Investment Firms (CIFs) in respect of the freedom to provide investment and ancillary services and/or perform investment activities in a third country. According the Circular: ...
CySec: Two Administrative Services Providers waived their authorization
March 6th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued press releases to announce that the authorization of two Administrative Services Providers (ASP) lapsed. According the CySec’s announcements the ASP companies: 1) Suxess Management Ltd; and 2) Amiltrust Cyprus Ltd ...
First Global Fintech Fund for the Underserved
March 6th, 2017
The Accion Frontier Inclusion Fund, managed by Quona Capital, invests in companies that innovate to expand access to financial services to underserved consumers and businesses in emerging markets Three billion people around the world are underserved by the financial ...
MFSA Mallta warns for CFDs, Forex, Binary Options and other speculative products
March 6th, 2017
Notice addressed to the general public, namely to retail investors, regarding the sale of speculative products and their associated risks. The Malta Financial Services Authority (“MFSA”) wishes to once ...
OneStopBrokers welcomes ECommPay on the most comprehensive financial Directory
March 3rd, 2017
OneStopBrokers would like to welcome the innovative payment solutions provider ECommPay on the OneStopBrokers Directory. About ECommPay ECommPay is one of the leading international companies offering modern individual payment solutions. The company develops simple solutions in payment processing with ...
KPMG in the UK elects new Chairman
March 3rd, 2017
Bill Michael will succeed Simon Collins, whose term as UK Chairman ends on 30th September 2017. Bill, an auditor by background, has worked for KPMG for nearly 30 years and is currently the firm’s Global Head of Banking and ...
Bitcoin climbs to a fresh record high
March 2nd, 2017
Bitcoin is in record territory once again. An aggressive bid has the cryptocurrency up 2.1% at $1,204.43 per coin as traders continue to pile in ahead of the upcoming Securities and Exchange Commission ruling on whether or not it ...
How fake smartphones affect the sales of smartphones; Billions lost
March 2nd, 2017
A new report from the European Union Intellectual Property Office (EUIPO), in collaboration with the International Telecommunication Union (ITU), estimates that 184 million fewer smartphones were sold by the legitimate industry in 2015, due to the presence of counterfeit ...
Investment in Australian fintech reached a record level
March 2nd, 2017
Investment in Australian fintech reached a record $656 million in 2016, more than triple the $185 million invested in 2015, according to a report by professional services firm KPMG. This equates to an annual average growth rate of around ...
SEC Posts Notice of Availability of IFRS Taxonomy
March 2nd, 2017
Foreign Private Issuers May Begin Submitting Their Financial Statements in XBRL The Securities and Exchange Commission published a taxonomy on its website so that foreign private issuers that prepare their financial statements in accordance with International Financial Reporting Standards (IFRS) ...
