Search Results for: OCED
PwC Vatican audit suspended
April 25th, 2016
THE MUCH VAUNTED first external audit into the Vatican’s opaque finances has been halted. A Vatican spokesman said the audit by PwC had been suspended. Vatican watchers point to widening tensions between the Church’s reforming wing – championed by the Pope Francis-appointed ...
SEC announced penalties on two Accounting fraud cases
April 20th, 2016
The Securities and Exchange Commission today announced a pair of financial fraud cases against companies and then-executives accused of various accounting failures that left investors without accurate depictions of company finances. In one case, technology manufacturer Logitech International agreed ...
What about cashless payments with a “tattoo”?
April 20th, 2016
MC10, Inc., the healthcare technology company specializing in stretchable body-worn computing systems, and PCH, which designs custom product solutions for startups and Fortune 500 companies, have entered into an exclusive partnership to commercialize MC10’s Wearable Interactive Stamp Platform (WiSP™). ...
Five EU Countries Agree To Share Beneficial Ownership Data
April 18th, 2016
France, Germany, Italy, Spain, and the UK have agreed to exchange data held on beneficial ownership registers and registers of trusts. This pilot project, initiated by the UK, will explore the best way for countries to share this information, ...
CySec has issued a Circular to inform regarding trading in Binary Options
April 14th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued today a Circular that refers to Cyprus Investment Firms which are providing services in relation to binary options (‘the CIFs’). With this Circular, CySec wishes to inform the CIFs about ...
CySec announced the suspension of a Cyprus Investment Firm’s license
April 7th, 2016
The Cyprus Securities and Exchange Commission (CySec), has announced that: The authorisation of the Cyprus Investment Firm ‘Atlas Capital Financial Services Ltd’ (‘the Company’), with number 085/07, is suspended, pursuant to section 26(2) of the Investment Services and Activities and Regulated Markets Law ...
Forex, binary options and online financial scams; AMF joined forces with other bodies to eredicate the problem
April 4th, 2016
The Autorite Des Marches Financiers (AMF) has issued a press release to inform that the AMF, the Paris public prosecutor, consumer affairs watchdog DGCCRF, and prudential authority ACPR joined forces to eradicate the problem with Forex, binary options and ...
Mayzus Investment fined by CySec
March 31st, 2016
Further to the announcement issued regarding the imposition of Administrative Fine on CIF Ouroboros Derivatives Trading Ltd, the Cyprus Securities and Exchange Commission (CySec) has issued a second announcement to inform investors that, at its meeting held on February ...
Which mobile phone provider is the most complained-about?
March 31st, 2016
Vodafone’s new billing system sends customer grievances soaring while Tesco Mobile had fewest complaints Vodafone has become the most complained-about mobile phone provider after the introduction of a new billing system sent customer grievances soaring. The telecoms regulator Ofcom said complaints made ...
CySec imposed an Administrative Fine of €235.000 on a Cyprus Investment Firm
March 31st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on January 18, 2016, the Commission decided to impose a total administrative fine of €235.000 to the CIF Ouroboros Derivatives Trading ...
