Search Results for: OCED
BaFin establishes a reporting platform for whistleblowers
July 8th, 2016
With effect from 2 July 2016, BaFin has established a central contact point for so-called “whistleblowers”. Whistleblowers may use this contact to report violations of supervisory provisions. Anonymity of whistleblowers will be a top priority for BaFin. Whistleblowers play an important role ...
CySec issued a Circular to inform Cyprus Investment Firms regarding Quarterly Statistics
July 4th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a circular to infom Cyprus Investment Firms in relation to their Quarterly Statistics and Authority’s request for the electronic submission of information. According to CySec: 1. Information requested by CySEC ...
FINRA Fines Deutsche Bank Securities Inc. $6 Million
June 30th, 2016
The Financial Industry Regulatory Authority (FINRA) today announced it has fined Deutsche Bank Securities Inc. $6 million for failing to provide complete and accurate trade data in an automated format in a timely manner when requested by FINRA and ...
Brexit – What Does It Mean For Taxpayers?
June 29th, 2016
June 23rd, 2016, whether for good or for ill, will go down in history as the day on which the European Union became less united, setting in train an as-yet-uncertain, although widely speculated upon, sequence of events. The referendum ...
SEC Proposes Rule Requiring Investment Advisers to Adopt Business Continuity and Transition Plans
June 29th, 2016
The Securities and Exchange Commission today proposed a new rule that would require registered investment advisers to adopt and implement written business continuity and transition plans. The proposed rule is designed to ensure that investment advisers have plans in ...
CySec released a Consultation Paper regarding a proposed circular on the selection, use and monitoring of liquidity providers/market makers
June 29th, 2016
The Cyprus Securities and Exchange Commission (CySec) has published a Consultation Paper regarding a proposed circular on the selection, use and monitoring of liquidity providers/market makers. The CySEC invites you to submit your comments/suggestions, in Word format, by Monday, ...
CySec: The license of a Cyprus Investment Firm continues to be suspended
June 29th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform for the Continuance of Suspension of Cyprus Investment Firm (CIF) licence of the firm ‘UBFS Invest powered by Moneychoice Brokers Ltd’ with number 239/14. The decision ...
CySec published Consultation Paper regarding the obligations of CIFs when providing information to clients and invites comments and suggestions submission
June 29th, 2016
The Cyprus Securities and Exchange Commission has published a Consultation Paper of the Cyprus Securities and Exchange Commission regarding a proposed circular on the obligations of CIFs (Cyprus Investment Firms) when providing information to clients in relation to services and instruments ...
How will Brexit affect Britain’s trade with Europe?
June 28th, 2016
Britain will have to reach a new trade agreement with the European Union following its decision to sever links with Brussels. The task will be complex and will have to be carried out under the pressure of a two-year deadline. ...
Merrill Lynch Paying $10 Million Penalty for Misleading Investors
June 24th, 2016
The Securities and Exchange Commission today announced that Merrill Lynch has agreed to pay a $10 million penalty to settle charges that it was responsible for misleading statements in offering materials provided to retail investors for structured notes linked ...
