Search Results for: MoU
Global Markets Rocked as Traders See Likelihood of Trump Victory
November 9th, 2016
S&P 500 futures tumble by 5% limit as Mexican peso plunges Gold jump by most since 2009, surging with yen, Treasuries Global markets were thrown into disarray as results from the U.S. election indicated that Donald Trump may prevail ...
Why McDonald’s Is Suing the City of Florence for $20 Million
November 8th, 2016
McDonald’s is suing the Italian city of Florence for $20 million in damages after the fast-food giant was refused a licensing application in the shadow of the city’s famous cathedral, Il Duomo. Licensing was introduced this year to protect ...
ASIC welcomes ‘client money’ reforms
November 8th, 2016
ASIC today welcomed the Government’s decision to proceed with ‘client money’ reforms in respect of retail OTC derivatives. ‘The reforms to the client money regime will strengthen protection of client money that is provided by retail derivative clients. By ...
Deutsche Bank Roundup: Where We Are Now
November 7th, 2016
Shares of Deutsche Bank hit record lows last week, as the German lender struggled to come to terms with US regulators over its involvement in the subprime mortgage crisis. Despite receiving a large boost in the final session of ...
CySec issued update notice regarding the Investor Compensation Fund for Falcon Brokers covered clients
November 7th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform further regarding the Investor Compensation Fund for IF Clients for the the covered clients of Falcon Brokers Ltd. The CIF license of Falcon Brokers Ltd, number ...
FCA UK unveils successful sandbox firms on the second anniversary of Project Innovate
November 7th, 2016
The Financial Conduct Authority (FCA) today marks the second anniversary of Project Innovate by announcing the firms that were successful in their applications to begin testing in the first cohort of the regulatory sandbox. The regulatory sandbox is part ...
Deloitte executive arrested in South Korea on charges for a multibillion dollar accounting fraud
November 7th, 2016
A former Deloitte Anjin executive was detained Wednesday on charges of deliberately ignoring a multibillion dollar accounting fraud involving embattled shipyard Daewoo Shipbuilding & Marine Engineering (DSME). The Seoul Central District Court issued an arrest warrant for the former ...
No matter who wins US Election markets are betting on one truly safe investment
November 7th, 2016
No matter who wins the race for the White House, markets are betting on one truly safe investment, and that is the currency of a country with bleak economic prospects – Japan. Markets had long been pricing in a ...
Singapore vs. London: Who Wins the Fintech Title?
November 7th, 2016
According to the Association of Chartered Certified Accountants (ACCA), Singapore is not far from surpassing London to claim the title of top fintech hub of the world. The ACCA’s September report noted that the world should “keep an eye on Asia” as red tape ...
UK located commodity pool operator and commodity trading advisor ordered to pay a $60,000 fine
November 7th, 2016
NFA orders London, England, commodity pool operator and commodity trading advisor The Cambridge Strategy Asset Management Limited to pay $60,000 fine National Futures Association (NFA) has ordered The Cambridge Strategy Asset Management Limited(Cambridge), an NFA Member commodity pool operator (CPO) ...
