Deutsche Bank fined $425 million; the Bank allowed traders to engage in a Money-Laundering scheme
January 31st, 2017
The New York State Department of Financial Services (DFS) has issued an announcement to inform for a $425 Million fine imposed to Deutsche Bank. The Bank Allowed Traders to Engage in a Money-Laundering Scheme Using “Mirror Trades” That Improperly ...
AMF advices traders to close their accounts with Banc de Binary
January 30th, 2017
The Autorité des marchés financiers (AMF) advises the clients of the website eu.bancdebinary.com to contact Banc de Binary Ltd, the owner of these websites, as soon as possible The Cyprus Securities and Exchange Commission (CySec) has announced that Banc ...
E*TRADE ordered to pay a $280,000 penalty
January 27th, 2017
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against E*TRADE Securities LLC (E*TRADE Securities), an Introducing Broker, and E*TRADE Clearing LLC (E*TRADE Clearing), a Futures Commission Merchant, for non-compliance with applicable record-keeping ...
Italian policymaker links bitcoin to mafia-controlled casino ops
January 26th, 2017
Bitcoin is giving Italian mobsters a legal way to enter the gambling industry. That was the bold claim made by Lucrezia Ricchiuti, who is convinced that the popular digital currency can be linked to casino operations runs by the ...
Oracle DBA
January 24th, 2017
Reference Number: DBA2017 With over 700,000 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 than 300 ...
CFPB Orders Citi Subsidiaries to Pay $28.8 Million
January 24th, 2017
CFPB Orders Citi Subsidiaries to Pay $28.8 Million for Giving the Runaround to Borrowers Trying to Save Their Homes Mortgage Servicers Kept Borrowers in the Dark About Options, Demanded Excessive Paperwork The Consumer Financial Protection Bureau (CFPB) today took ...
FCA warns pension scheme operators are at risk from smarter scams
January 24th, 2017
The Financial Conduct authority (FCA), the financial regulator of UK, has issued a warning to alert authorised firms for the risks arising from failing to carry out appropriate due diligence on investment offerings. While aimed primarily at pension scheme ...
Western Union agreed to pay $586m for Anti-Money Laundering Violations
January 20th, 2017
Western Union Admits Anti-Money Laundering and Consumer Fraud Violations, Forfeits $586 Million in Settlement with Justice Department and Federal Trade Commission Company also Agrees to Implement Anti-Fraud Program and Enhanced Compliance Obligations in Agreements with Federal Authorities The Western ...
Senior Compliance Officer
January 16th, 2017
Senior Compliance Officer Reference Number: SCO2017 XM, a CySEC regulated international investment company, is seeking to recruit a high calibre, ambitious and energetic professional to join its Compliance Team! The key responsibilities of the role include: Working closely with ...
Morgan Stanley to pay a $13 million penalty
January 16th, 2017
The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney has agreed to pay a $13 million penalty to settle charges that it overbilled investment advisory clients due to coding and other billing system errors. The firm ...
