Search Results for: European Commission
Stocks Fall on China Selloff as Yuan Weakens; Commodities Slump
November 27th, 2015
Brokerages lead losses in Chinese shares on government probes Traders holding on to December Fed bets while ECB seen easing A selloff in Chinese stocks spread across Asia as falling industrial profits and a deepening probe of the financial ...
Greece Gets Aid Infusion as EU Counts on Tsipras for Reforms
November 25th, 2015
ESM approves payment of 2 billion euros after milestones met EU’s Dombrovskis says bank decisions due within weeks Greece unlocked more of its rescue funds as the euro area called on Prime Minister Alexis Tsipras to maintain his nation’s ...
CySec informs on Contribution of CIFs to the Single Resolution Fund and National Resolution Fund
November 23rd, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cyprus financial regulatory authority, has issued today a circular to inform Cyprus Investment Firms about their contribution the Single Resolution Fund and National Resolution Fund. CySec’s Circular informs in relation to ...
Brokers in push for mutual funds to be added on HKEx platform
November 19th, 2015
Mutual fund trading platform would bolster Hong Kong as a hub for financial products, brokers say Brokers have urged the Hong Kong Exchanges & Clearing to launch a trading platform targeted at listed mutual fund products. The Hong Kong ...
Belgian court orders Facebook to stop tracking non-members
November 11th, 2015
Judge threatens social network with fines of €250,000 a day over ‘datr’ cookie, which records visits to many websites whether or not user has Facebook account A Belgian court on Monday gave Facebook 48 hours to stop tracking internet users who ...
Eurogroup urges Athens to deliver reforms in a week – Remarks by J. Dijsselbloem
November 10th, 2015
Greece failed to secure the release of 2 billion euros in bailout funding at a Eurogroup summit on Monday, as expected, with creditors prodding Greek officials to push forward with outstanding reforms and reach a compromise on thorny issues ...
French Regulator Considers Fining Virtu Financial for 2009 Trading
November 6th, 2015
Autorité des Marchés Financiers previously accused Virtu’s Madison Tyler Holdings of violations A French regulator is considering a multimillion euro fine for Virtu Financial Inc. as it weighs a penalty for trading that took place in 2009. France’s Autorité des Marchés Financiers ...
CySec issued a Circular regarding National Risk Assessment of Anti Money Laundering and Counter Terrorist Financing Measures
November 4th, 2015
The Cyprus Securities and Exchange Commission (CySec), the financial regulator of Cyprus, has issued a Circular to inform Regulated Entities the following: 1) National Risk Assessment (‘NRA’) In accordance with the international standards set by the Financial Action Task ...
BaFin and the SEC: An international comparison of supervisory practice
November 3rd, 2015
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) is often compared to the U.S. Securities and Exchange Commission (SEC) in the media and by the public. The SEC is frequently perceived as the more powerful authority, in ...
KCG reports consolidated revenues of $377.0 million for the Third Quarter
November 2nd, 2015
KCG reports consolidated revenues of $377.0 million and pre-tax earnings of $35.4 million for the quarter KCG Holdings, Inc. (NYSE: KCG) today reported consolidated earnings of $21.9 million, or $0.24 per diluted share, for the third quarter of 2015. Included in ...
