Search Results for: MoU
Household financial assets and liabilities in the EU
February 26th, 2018
Total financial assets of households in the European Union (EU) reached €33 850 billion in 2016. The assets mainly consisted of insurance, pensions and standardised guarantees (38.8% of all household financial assets), currency and deposits (30.4%), equity and investment ...
The Yen jumped 0.4 percent to Dollar, Euro was little changed; Asian stocks declined
February 22nd, 2018
Asian stocks declined with U.S. equity index futures as investors worried surging bond yields after the Federal Reserve’s latest comments on the economy will test equity valuations. The yen advanced for the first time in five days. Despite the ...
The dollar inched higher on Wednesday; The euro held steady against the dollar
February 21st, 2018
The dollar inched higher on Wednesday as the near-term focus shifted to the minutes of the Federal Reserve’s last policy meeting for hints on the future pace of U.S. monetary tightening. The dollar index rose 0.1 percent to 89.805, ...
Director to pay $400,000 and cease to provide financial services for five years
February 16th, 2018
ASIC has accepted an Enforceable Undertaking from director Mr David Orth under which he will cease to provide financial services for five years. In addition, Mr Orth will make a community benefit payment in the amount of $400,000 to ...
BCSC consults with stakeholders in financial technology sector
February 15th, 2018
The British Columbia Securities Commission (BCSC) today released a fintech notice and request for comment (the notice), summarizing the results of the BCSC’s fintech outreach activities in 2017 and seeking input on potential measures to clarify or modernize B.C. ...
European Authorities warn consumers of risks in buying virtual currencies
February 13th, 2018
The European Supervisory Authorities (ESAs) for securities (ESMA), banking (EBA), and insurance and pensions (EIOPA) have issued a pan-EU warning to consumers regarding the risks of buying Virtual Currencies (VCs). The ESAs are concerned that an increasing number of ...
Brexit – the battle for ideas
February 9th, 2018
The battle for ideas in the Brexit debate comes down to two basic economic approaches. The neo-Keynesian macroeconomists in the permanent establishment, who manage the state as economic planners and regulators are on one side. They are naturally ...
SFC reprimands and fines Credit Suisse millions for regulatory breaches
February 9th, 2018
The Securities and Futures Commission (SFC) has resolved its concerns with Credit Suisse (Hong Kong) Limited (CSHK), Credit Suisse Securities (Hong Kong) Limited (CSSHK) and Credit Suisse AG (CSAG) (collectively, Credit Suisse) over internal control failures. Under the resolution, ...
Bank of England released latest monetary policy; Bank Rate at 0.50%
February 9th, 2018
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 7 February 2018, the MPC voted ...
Online casino software
February 8th, 2018
If you have ever tried your hand at online casinos, you will realize that they are a very big improvement on the early versions that first made their appearance. Some of the best online casinos now provide a wonderful ...
