Search Results for: SAFE
E-commerce: EU-wide rules to protect consumers better and stop rogue traders
March 23rd, 2017
New powers for national authorities to check whether e-commerce websites geo-block consumers, track down rogue traders or even, subject to safeguards inserted by MEPs, order that websites hosting scams be shut down, were approved by the Internal Market and ...
Deutsche Bank publishes Annual Report 2016
March 21st, 2017
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today published its 2016 Annual Report. This includes an overview of Deutsche Bank, the Management Report and the bank’s audited consolidated financial statements for the financial year 2016. In addition, the bank ...
What You Do On Your Cell Phone Could Come Back To Haunt You
March 20th, 2017
As far as Big Brother is concerned, nothing that you do on your cell phone is ever private. And if the government really wants to see what is on your cell phone, they are going to get that information ...
Bitcoin is back above $1,000 after plunging below $950 over the weekend
March 20th, 2017
Bitcoin rose back over $1,000 last night after it lost nearly a fifth of its value over the weekend. The cryptocurrency fell to a low of $943.06 over the weekend as a split in its developer community threatened its ...
SFC reprimands and fines DBS Vickers (Hong Kong) Limited $2 million
March 16th, 2017
The Securities and Futures Commission (SFC) has reprimanded DBS Vickers (Hong Kong) Limited (DBSVHK) and fined it $2 million for regulatory breaches and internal control failings relating to under-segregation of client money (Note 1). The disciplinary action follows an ...
Culture in financial institutions: it’s everywhere and nowhere; FCA Chief Executive
March 16th, 2017
Highlights A firm’s culture emerges in large part from inputs that are its responsibility. It is for firms to ensure that their desired culture is consistent with appropriate conduct outcomes, to identify the drivers of behaviour within the firm ...
CySec decided to wholly withdraw the license of a Cyprus Investment Firm
March 15th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public that the Commission decided to wholly withdraw the CIF authorization with number CIF 085/07 of Atlas Capital Financial Services Ltd. CySec has suspended ...
The biggest fashion group in the world announced net sales rose 12% to €23.3bn in FY16
March 15th, 2017
Same-store sales growth was 10%. The Group generated over 9,596 new jobs, one in four of which were in Spain. At year-end, its headcount stood at 162,450. In April, 84,000 Inditex employees will receive their second payment under the ...
Bank of England responds following Deputy Governon resignation
March 14th, 2017
Following the voluntarily resignation of the Deputy Governor Markets & Banking and Chief Operating Officer Charlotte Hogg, yesterday, due to conflict of interest and the acceptance of her resignation, the Bank of England has just published an announcement. According the ...
This is the biggest risk for Europe as Credit Suisse said
March 13th, 2017
France’s Marine Le Pen is the biggest risk to European stability, Credit Suisse said in a guide launched Thursday to help investors navigate the upcoming “defining” months facing the continent. Analysing possible outcomes in the Dutch, French and German ...
