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BCSC warns for binary options provider Binary Tilt

May 2nd, 2017 (0)
The British Columbia Securities Commission (BCSC) has issued a warning to inform public and investors about Binary Tilt, operated by Chemmi Holdings Ltd. (together, the Parties). Binary Tilt claims to be based in London, England, and offers an online binary options ...

Global law firms based in UK merge to create the sixth largest legal practice in the world

May 2nd, 2017 (0)
CMS UK, Nabarro and Olswang today announce the completion of their transformational merger, creating a new London powerhouse and the 6th largest law firm in the UK by revenue and 6th largest globally by headcount. Globally, CMS has over ...

Oil posted losses for two weeks in a row

May 2nd, 2017 (0)
U.S. crude futures have posted losses for two weeks in a row and are poised to sink again, according to a historical correlation between oil prices and GDP data. The Commerce Department reported Friday that the U.S. economy grew ...

Dollar hits one-month high vs yen

May 2nd, 2017 (0)
The dollar hit a one-month high against the yen on Tuesday, lifted by Treasury yields which surged after U.S. Treasury Secretary Steven Mnuchin commented on the possibility of ultra long-term bond issuance. The greenback last traded at 111.900 yen ...

SFC releases report on retail futures brokers

April 28th, 2017 (0)
The Securities and Futures Commission (SFC) today published its Report on the fact-finding exercise on retail futures brokers which aimed to understand the business profiles and major risk management controls and practices of 10 major local futures brokers (the ...

Japan banks to test blockchain-based money transfers

April 28th, 2017 (0)
A consortium of Japanese banks will experiment with fund transfers using virtual currencies, with an eye toward developing a more convenient, lower-cost alternative to wiring money. SBI Holdings and SBI Ripple Asia lead the payments consortium, which had 56 ...

Gibraltar to set Blockchain regulatory framework

April 27th, 2017 (0)
In January 2016, HM Government of Gibraltar published for consultation a document titled, ’Virtual Currency: Outline Regulatory Framework’ the second such paper on this subject produced by the Cryptocurrency Working Group. After considering the feedback received from private sector ...

Deutsche Bank: 4,000 jobs at risk of being moved out of UK after Brexit

April 27th, 2017 (0)
Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new regulations Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new ...

Asian Equities, Yen Maintain Declines After BOJ: Markets Wrap

April 27th, 2017 (0)
Region’s stocks halt five-day rally as China shares drop Investors assess Trump’s U.S. tax plan; peso reverses losses Asian stocks were mostly lower after a five-day rally as the Bank of Japan cut its inflation forecast while keeping stimulus ...

Leading global transaction banks kick off blockchain proof of concept with SWIFT gpi

April 26th, 2017 (0)
SWIFT’s proof of concept will determine if distributed ledger technology can help banks reconcile their nostro accounts in real time SWIFT, in collaboration with leading global transaction banks, is developing a proof of concept (PoC) application that will test ...
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