Moscow Exchange has successfully undergone an annual assurance review
March 27th, 2017
Moscow Exchange announced that it has successfully undergone an annual assurance review of compliance of the MOEX indices with the IOSCO Principles for Financial Benchmarks. Ernst & Young that had been engaged to complete the review affirmed that index ...
SFC fined in total $15 million Merrill Lynch Far East and Merrill Lynch (Asia Pacific)
March 27th, 2017
The Securities and Futures Commission (SFC) has resolved its concerns with Merrill Lynch Far East Limited (MLFE) and Merrill Lynch (Asia Pacific) Limited (MLAP) over internal control failures. Under the resolution, the SFC reprimanded and fined them a total of ...
ESMA reports about Central Securities Depositary Regulation
March 24th, 2017
The European Securities and Markets Authority (ESMA) has issued final reports on two sets of guidelines regarding the implementation of the Central Securities Depositary Regulation (CSDR). The CSDR harmonises the settlement of securities by providing a set of common ...
Spain to take measures for protection of retail investors in Forex and CFDs trading
March 22nd, 2017
The Comision Nacional Del Mercado De Valores (CNMV), the Spanish financial regulator, has issued a press release to publish several measures to enhance the protection of retail investors in Spain when investing in CFDs, forex products or binary options. ...
UBS to face trial in France over tax fraud charges
March 21st, 2017
Swiss banking giant UBS will go on trial in France for establishing a wide-ranging tax fraud scheme worth billions of euros, according to legal sources. UBS will be charged with illegal banking practices and dissimulating tax fraud, the sources ...
MoneyGram informs for the unsolicited proposal from Euronet Worldwide
March 20th, 2017
MoneyGram Board of Directors Determines Unsolicited Proposal from Euronet Worldwide Could Reasonably Be Expected to Result in a “Company Superior Proposal” MoneyGram (NASDAQ: MGI) announced today that its board of directors, after consultation with its outside legal and financial ...
Mergers faced greater scrutiny in 2016, magic circle firm reports
March 16th, 2017
Magic circle firm Clifford Chance has said it is becoming increasingly difficult to push through mergers in concentrated markets where there are few big players, particularly in the EU. The firm said that jurisdictions, including the EU, are claiming ...
CySec decided to wholly withdraw the license of a Cyprus Investment Firm
March 15th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public that the Commission decided to wholly withdraw the CIF authorization with number CIF 085/07 of Atlas Capital Financial Services Ltd. CySec has suspended ...
Gulf countries companies may face challenges on VAT implepmentation
March 13th, 2017
GCC corporates could face multiple VAT challenges in the short-run The plan to introduce value-added tax in GCC states could create operational risks for companies and put pressure on Ebitda [earnings before income tax, depreciation and amortisation} and cash ...
Security Engineer
March 10th, 2017
Security Engineer Reference Number: SENG2017 With over 1,000,000 clients since it was founded in 2009, XM has grown to a large and well established international investment firm and has become a true industry leader. With a workforce of more ...
