Search Results for: US
CySec announced Renouncement of license of a Cyprus Investment Firm (CIF)
June 30th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 23 May 2016, the CIF Grow Wealth Assets Limited (the ‘Company’), which provided investment services via the domain www.growwealthassets.com, renounced its authorization pursuant to section ...
Toyota and Lexus recalls 482,000 vehicles for safety issue
June 30th, 2016
Toyota said Tuesday that it is conducting a recall of 482,000 vehicles due to a safety issue. The recall includes model year 2010 to 2012 Prius vehicles, including 2010 and 2012 Prius Plug-in Hybrids, plus 2011 and 2012 Lexus CT ...
Indian payments industry set for rapid changes
June 30th, 2016
Initiatives such as Jan Dhan Yojana, Aadhaar and mobile technology are giving a boost to banking and payments The amount of cash in circulation in India is estimated at around 18% of the country’s gross domestic product (GDP), making ...
Elliott Wave Analysis On EURGBP And AUDUSD
June 30th, 2016
EURGBP EURGBP is trading in final stages of a five wave sequence of a higher degree. We expect one more corrective pullback in the blue wave 4 to 0.8130 levels before a final push up in blue wave 5 ...
Citadel appoints Chief Technology Officer of hedge fund business
June 30th, 2016
Citadel announced the appointment of Steven Lieblich as Chief Technology Officer of Citadel’s hedge fund business. A 30-year veteran of Morgan Stanley, Steve has served in a series of senior technology roles, most recently as Morgan Stanley’s Chief Information ...
Possible Consequences of Brexit on the FinTech Industry
June 29th, 2016
Financial Technology (FinTech) is an economic ecosystem or industry consisting of companies, mainly startups, that employ technology in an innovative way in order to improve the way that financial services operate, e.g. payments and transfers, auditing, contracts, policy enforcement, ...
SEC Proposes Rule Requiring Investment Advisers to Adopt Business Continuity and Transition Plans
June 29th, 2016
The Securities and Exchange Commission today proposed a new rule that would require registered investment advisers to adopt and implement written business continuity and transition plans. The proposed rule is designed to ensure that investment advisers have plans in ...
CySec released a Consultation Paper regarding a proposed circular on the selection, use and monitoring of liquidity providers/market makers
June 29th, 2016
The Cyprus Securities and Exchange Commission (CySec) has published a Consultation Paper regarding a proposed circular on the selection, use and monitoring of liquidity providers/market makers. The CySEC invites you to submit your comments/suggestions, in Word format, by Monday, ...
Euro clearing houses to move in eurozone following the Brexit decision
June 29th, 2016
The European Union will move its London-based bank regulator to Paris or Frankfurt following Britain’s decision to leave the bloc, while the European Central Bank will insist euro clearing occurs in the euro zone, a senior EU official said ...
CySec: The license of a Cyprus Investment Firm continues to be suspended
June 29th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform for the Continuance of Suspension of Cyprus Investment Firm (CIF) licence of the firm ‘UBFS Invest powered by Moneychoice Brokers Ltd’ with number 239/14. The decision ...
