Search Results for: Financial Conduct Authority
IFSC warns that XMAXBIT posted forged company certificate
November 22nd, 2016
The International Financial Services Commission of Belize (IFSC) has issued a warning to inform that: It has come to the notice of the International Financial Services Commission of Belize (IFSC) that an entity calling itself ‘XMAXBIT’, is falsely and ...
Bitcoin Regulation is on Swiss Government’s Fintech-Friendly Agenda
November 3rd, 2016
Switzerland’s Federal Council has called for reducing the barriers seen by Fintech firms to enter the country which could see broader implications on the country’s regulatory stance on virtual currencies like bitcoin. In a meeting today, the Swiss Federal ...
Asian Energy Stocks Fall as OPEC Split Hits Oil; Dollar Gains
October 31st, 2016
Crude drops after OPEC talks end without individual quotas Gold rises after FBI reopens probe of Clinton’s emails Asian energy stocks fell with oil after the world’s biggest crude producers failed to agree on supply cuts, while rising metals prices ...
FINMA added a Binary Options provider in its Warning List
October 27th, 2016
FINMA, the Swiss Financial Market Supervisory Authority, has updated its Warning List adding a Binary Options Provider suspected of conducting unauthorised activities in the financial market. FINMA added on October 25 the below company in its Warning list: Swiss ...
Leading sports lawyer denies money laundering charges
October 26th, 2016
A renowned sports lawyer today appeared before the Solicitors Disciplinary Tribunal denying a string of allegations. Mel Goldberg, who represents high-profile footballers and world champion boxers, is charged with eight separate allegations in relation to how he ran his ...
Embraer Paying $205 Million to Settle FCPA Charges
October 25th, 2016
The Securities and Exchange Commission today announced a global settlement along with the U.S. Department of Justice and Brazilian authorities that requires aircraft manufacturer Embraer S.A. to pay more than $205 million to resolve alleged violations of the Foreign ...
SEC Charges Board Member With Insider Trading During and After Board Meeting
October 24th, 2016
The Securities and Exchange Commission today charged a Tennessee-based lawyer who served on the executive committee of the board of directors at Nashville-based Pinnacle Financial Partners with insider trading based on nonpublic information he learned about an impending merger. ...
FINRA Fines Merrill Lynch $2.8 Million
October 19th, 2016
The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Merrill Lynch, Pierce, Fenner and Smith Inc. $2.8 million for systemic trade reporting, Order Audit Trail System (OATS) reporting, books and records, and related supervisory violations that ...
FINRA advice to read your brokerage account statement
October 14th, 2016
Recently, the Financial Industry Regulatory Authority (FINRA) imposed a fine of $850,000 on a firm with thousands of employees for failing to detect for two years that a single broker had taken more than $370,000 from five customer brokerage ...
Thomson Reuters Launches TRAC to Combat Trade Based Money Laundering
October 12th, 2016
Thomson Reuters announces today the launch of TRAC, its new anti-money laundering solution to combat trade based money laundering (TBML) and drive transparency and efficiency across trade finance. TBML is the use of international trade as a channel for ...
