Search Results for: One Financial Markets
Virtual currencies spark real concern about national security threat
July 31st, 2018
U.S. government officials are increasingly worried about the potential national security threat posed by the rise of cryptocurrencies. In the past week, the Department of Justice, congressional lawmakers and even Federal Reserve Chairman Jerome Powell have voiced concern about ...
UK Watchdog proposes changes to rules for crowdfunding platforms
July 30th, 2018
Following a post-implementation review of its crowdfunding rules, the Financial Conduct Authority (FCA) is opening a consultation on new rules for loan-based crowdfunding platforms. The changes the FCA is proposing are designed to address the ways in which the ...
Valuing Gold In A World Awash With Dollars
July 27th, 2018
Summary In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next cyclical credit crisis. That is going to happen anyway, triggered by the Fed ...
Beware: Supervisory authorities around the world issued investor protection warnings
July 25th, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Spain (Comisión Nacional del Mercado de Valores – Cnmv), Austria (Financial Market Authority – FMA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), France (Authorité des Marchés ...
EU Authority fines five Banks for €2.48 million in total
July 24th, 2018
The European Securities and Markets Authority (ESMA) has fined Danske Bank, Nordea Bank, SEB, Svenska Handelsbanken and Swedbank €495,000 each and issued five public notices for negligently breaching the Credit Rating Agencies Regulation (CRAR). ESMA found that the five ...
The license of a Forex trading provider has been suspended by the Cyprus Regulator
July 23rd, 2018
The Cyprus Securities and Exchange Commission (CySEC), the independent supervisory Authority of the investment services market in Cyprus has issued an announcement to inform that the authorisation of the Cyprus Investment Firm IGM FOREX LTD (‘the Company’), number 309/16, is ...
The reason EU fined Google €4.34 billion
July 19th, 2018
The European Commission has issued an announcement to inform that decided to impose a total fine of €4.34 billion to the technology giant Google. According the announcement, The European Commission has fined Google €4.34 billion for breaching EU antitrust rules. ...
US seeks record $75m. from marketer for steering victims to Israeli binary scams
July 19th, 2018
While Israeli law enforcement continues to ignore the country’s robust online fraud sector, the United States government has asked a Florida court to impose some $75 million in fines and penalties against a single alleged US-based binary options fraudster. ...
Asian stocks advanced, oil price declined, gold traded around the lowest in a year
July 18th, 2018
Asian stocks advanced after an upbeat assessment on the U.S. economy from Federal Reserve Chairman Jerome Powell comforted investors wary of a blowout in protectionism. Equities climbed from Tokyo to Sydney and U.S. futures edged up after the Nasdaq ...
CFTC warns people when purchasing virtual currencies
July 17th, 2018
The Commodity Futures Trading Commission (CFTC) issued a Customer Advisory warning customers to use caution and do extensive research before purchasing virtual coins or tokens, including those that are self-described as “utility coins,” or “consumption coins.” This is the ...
