Search Results for: ELA
UK Legal chiefs say the Government should give EU citizens unrestricted access to UK jobs – Brexit
March 17th, 2017
Legal chiefs say the Government should give EU citizens unrestricted access to UK jobs in post-Brexit Britain and claim that British workers do not lose out to EU migrant labour. But they agree that the UK Government, not the ...
Bank of England announced Bank Rate held at 0.25%
March 17th, 2017
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 15 March 2017, the Committee voted ...
Asia Emerging-Market Stocks Gain While Topix Slips: Markets Wrap
March 17th, 2017
Dollar poised for biggest weekly loss in more than a month Indonesian shares reach record; Treasuries move higher An equities rally spurred by the Federal Reserve’s outlook found some life in Asian emerging markets, even amid a slump in ...
Mergers faced greater scrutiny in 2016, magic circle firm reports
March 16th, 2017
Magic circle firm Clifford Chance has said it is becoming increasingly difficult to push through mergers in concentrated markets where there are few big players, particularly in the EU. The firm said that jurisdictions, including the EU, are claiming ...
CySec informs on offering bonuses to retail investors
March 16th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to provide additional guidance on the types of bonus incentives not permissible to be offered to retail clients by Cyprus Investment Firms (CIFs). This current Circular is following ...
This shows how unequal is the income among population in European countries
March 16th, 2017
The top 20 % of the population in European countries, those with the highest equivalised disposable income, received 5.2 times as much income as the bottom 20 %. Data extracted in February 2017. Most recent data: Further Eurostat information, ...
SFC reprimands and fines DBS Vickers (Hong Kong) Limited $2 million
March 16th, 2017
The Securities and Futures Commission (SFC) has reprimanded DBS Vickers (Hong Kong) Limited (DBSVHK) and fined it $2 million for regulatory breaches and internal control failings relating to under-segregation of client money (Note 1). The disciplinary action follows an ...
What FBI do to combat Binary Options fraud
March 16th, 2017
Stock options. It’s a pretty common investment term meaning, in general, that one party sells or offers to another party the opportunity to invest by buying a particular stock at an agreed upon price within a certain period of ...
ANZ, Westpac admit breaches in forex trading
March 16th, 2017
ANZ and Westpac have followed rivals and yielded to the corporate regulator’s investigation into banks’ foreign exchange businesses, agreeing to oversight and changes after traders shared confidential client information and traded to benefit themselves. A week after the banks’ ...
Culture in financial institutions: it’s everywhere and nowhere; FCA Chief Executive
March 16th, 2017
Highlights A firm’s culture emerges in large part from inputs that are its responsibility. It is for firms to ensure that their desired culture is consistent with appropriate conduct outcomes, to identify the drivers of behaviour within the firm ...
