Search Results for: SAFE
Samsung Will Ask All Partners to Stop Sales and Exchanges of Galaxy Note7
October 11th, 2016
Samsung has issued a press release to inform that the company will ask all Partners to stop sales and exchanges of Galaxy Note7 while further investigation takes place. Below is the press release from Samsung, as it was published: ...
Nasdaq and Hong Kong exchange sharing information on blockchain technology
October 11th, 2016
The Nasdaq stock market is hoping to bring its blockchain technology to the Hong Kong Stock Exchange, according to its president and chief operating officer Adena Friedman. In the city on Thursday and Friday last week to meet with ...
CySec informs CIFs regarding Capital adequacy requirements
October 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform the Cyprus Investment Firms (CIFs) regarding Capital adequacy requirements – Change in the treatment of the Investors Compensation Fund Contribution. According to the Circular, CySec informs CIFs for the ...
Now you can pay with just a selfie
October 10th, 2016
Mastercard announced the European roll out of Identity Check Mobile, a new payment technology application that uses biometrics like fingerprints or facial recognition to verify a cardholder’s identity, simplifying online shopping. The technology is now being introduced across 12 markets ...
Record fine for a UK Telecoms company in a cyber attack case
October 10th, 2016
Telecoms company TalkTalk has been issued with a record £400,000 fine by the ICO for security failings that allowed a cyber attacker to access customer data “with ease”. The ICO’s in-depth investigation found that an attack on the company last October could have ...
World Gone Mad, Part 1: “Huge Demand” To Lend Italy Money For 50 Years
October 6th, 2016
You read that right. Not only is Italy selling 50-year bonds, but people are lining up buy them. Italy’s first 50-year bond sale had huge demand (Reuters) – Italy sold its first 50-year bond on Tuesday as ...
FCA fines Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited £8.2m for Client Money and Assets failings
October 5th, 2016
The Financial Conduct Authority (FCA) has today fined Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited (together Aviva) £8,246,800 for failings in its oversight of its outsourced providers in relation to the protection of client assets. The ...
Theresa May lays out Brexit timetable for leaving the European Union
October 3rd, 2016
The PM says the UK will quit the EU “whether people like it or not” and there will be “no unnecessary delays” in negotiations. Theresa May has said she will trigger the formal process for the UK to leave ...
It’s Not Just Deutsche Bank. The Entire Financial Sector Is Sick
October 3rd, 2016
These are great times for financial assets — and by implication for finance companies that make and sell them, right? Alas, no. Just the opposite. Each part of the FIRE (finance, insurance, real estate) economy is imploding as “modern” ...
FOREX-Yen, Swiss franc near 1-month high vs dollar as risk sentiment sours
September 30th, 2016
Yen on course to post 3 straight quarters of gains Swiss franc hits one-mth peak vs dollar, 6-week high on euro Concerns about Deutsche Bank sour risk sentiment Sterling in longest losing quarterly streak since 1984 The Japanese yen ...
