ESMA clarifies traded on a trading venue under MIFID II
May 22nd, 2017
Legal basis ESMA’s competence to deliver an opinion to competent authorities is based on Article 29(1)(a) of Regulation (EC) No 1095/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European ...
Federal Reserve imposes $1.2 million fine and permanent ban on employment against former Barclays Bank PLC employee
May 22nd, 2017
The Federal Reserve Board on Friday announced that it has imposed a $1.2 million fine and a permanent ban on employment in the banking industry against Christopher Ashton, the former Global Head of Foreign Exchange (FX) Spot Trading at ...
ABB to propose KPMG as external auditor from 2018
May 22nd, 2017
ABB announced today that its Board intends to appoint KPMG as its external auditor effective for the financial year 2018. This decision was taken following a year-long comprehensive external auditor tender process initiated in 2016 in line with international good governance practices. The proposal is subject to shareholder approval at ABB’s 2018 Annual General Meeting. Ernst & ...
Unix Database Administrator
May 22nd, 2017
Requirements Solid working knowledge of Linux (currently Ubuntu and Debian); Strong experience of MySQL / MariaDB (with knowledge of InnoDB, TokuDB, Percona Toolkit, XtraBackup); Knowledge of networking protocols (TCP/IP) and security, intrusion detection, firewalls, HTTPS/HTTP optimization; Server build and ...
Deloitte Exec Departs to Launch Tokenized Blockchain Research Lab
May 22nd, 2017
Back when Iliana Oris Valiente first started pitching her colleagues at Deloitte on the possible benefits of bitcoin, she was cautioned by a senior level executive that she might be doing damage to her reputation. Now, one of the ...
UAE remains MENA’s top start-up hub
May 19th, 2017
The UAE has retained the top position as the region’s tech startup hub for the fourth consecutive year, being home to one-third of all Middle East and North Africa (MENA) investors and 19 venture capitalists, the highest in the ...
EBA consults on its guidance for the use of cloud computing
May 19th, 2017
The European Banking Authority (EBA) launched today a consultation setting out its guidance for the use of cloud service providers by financial institutions. The EBA Recommendations intend to clarify the EU-wide supervisory expectations if institutions intend to adopt cloud ...
ASIC accepts enforceable undertaking from Macquarie Bank to address inadequacies within their wholesale FX businesses
May 19th, 2017
ASIC has today accepted an enforceable undertaking (EU) from Macquarie Bank Limited in relation to the bank’s wholesale foreign exchange (FX) businesses, following an ASIC investigation. ASIC is concerned that the bank failed to ensure that its systems and ...
Facebook face EU regulators fines; why?
May 18th, 2017
Facebook suffered a setback on Tuesday over how it uses the reams of information it collects about users worldwide, after two European privacy watchdogs said that the social network’s practices broke their countries’ data protection rules. The announcement by ...
How to protect yourself and your business from the massive ransomware attack
May 15th, 2017
An aggressive new strain of ransomware is shutting down Windows operating computers all over the world. Although the virus known as WannaCry has already infected over 75,000 PCs in 99 countries, it is actually not that hard to secure ...
