Search Results for: Ether
Will South Africa issue a national digital currency?
February 15th, 2017
The South African Reserve Bank (Sarb) is open to issuing a national digital currency, which would likely be based on Blockchain or Distributed Ledger Technology (DLT). “If we go the route of issuing a digital currency, the objective would ...
ESMA writes to EU Commission about MiFID II SIS Operating Broker Crossing Network
February 15th, 2017
The European Securities and Markets Authority (ESMA) has written to the European Commission to raise its concern over the potential establishment of networks of systematic internalisers (SIs) by investment firms to circumvent certain MIFID II obligations; in particular, the ...
International Compliance Association expands into US
February 15th, 2017
The International Compliance Association announced its expansion into the US, with its primary training partner, International Compliance Training (ICT). The US team, based in New York, offers programs covering Anti-Money Laundering (AML), Anti-Bribery & Corruption, Know Your Customer (KYC), ...
SFC withdraws Restriction Notice issued to a broker in connection with client’s suspected insider dealing
February 14th, 2017
The Securities and Futures Commission (SFC) has withdrawn the Restriction Notice issued to Kingsway Financial Services Group Limited (KFS) in connection with a client account that holds proceeds of suspected insider dealing in the shares of TeleEye Holdings Limited ...
Swiss voters rejected corporate tax reforms
February 14th, 2017
The European Commission is disappointed that Swiss voters rejected plans to overhaul corporate taxes and will consult with European Union governments on how to proceed, the EU tax commissioner Pierre Moscovici said on Monday. Voters on Sunday blocked the ...
International law firm sues eight partners who quit
February 14th, 2017
Herbert Smith Freehills has sued eight of the 10 partners who quit last year to launch White & Case in Australia. The case, filed at the Supreme Court of New South Wales, named Melbourne partners Andrew Clark, Joanne Draper, ...
cTrader Supports FIX API Trading with Hedging Accounts
February 13th, 2017
Spotware Systems announce with their recent update, trading with hedging accounts via FIX API is now fully supported and details can be found in their updated Rules of Engagement. The scope of cTrader’s FIX API now includes application messages ...
These are the minimum wages in European countries
February 13th, 2017
Monthly minimum wages below €500 in east and well above €1000 in northwest As of 1st January 2017, 22 out of the 28 Member States of the European Union (EU) have national minimum wages: only Denmark, Italy, Cyprus, Austria, ...
Dutch Bank and FinTech firm develop Robo-Accountant
February 13th, 2017
ABN Amro has teamed up with InvoiceSharing to launch a new solution for SMEs. The system is based around giving users 25/7 insight into their accounts and allowing them to assess their capital needs in advance. SMEs with an ...
What the European Court of Justice ruled for advertising practices
February 13th, 2017
Comparative advertising must not mislead, rules EU Court The European Court of Justice on Wednesday ruled against inaccurate and misleading advertising practices which compare prices between shops while using different formats and sizes. Such advertising, the Court said, is ...
