Search Results for: Vest Financial
Financial Conduct Authority to investigate how firms deal with risk benchmark manipulation
March 31st, 2014
The Financial Conduct Authority (FCA) has announced plans to look into how firms can reduce the risk of traders manipulating key benchmarks as a central part of its Business Plan for 2014/15, which was published today. The forward-looking thematic ...
ESMA presents methodology for climate risk stress testing and analysis of the financial impact of greenwashing controversies
January 26th, 2024
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published two articles, one outlining an approach to modelling the impact of asset price shocks from adverse scenarios involving climate-related risks, the other exploring ...
Fraudulent online investment platform: five arrests of high-value targets
April 21st, 2023
Eurojust and Europol have supported a new coordinated action against a fraudulent online investment platform, which has so far cost at least 33 000 victims an estimated EUR 89 million. At the request of the German authorities, two action ...
CySEC reached a settlement agreement with a Cyprus Investment Firm
October 12th, 2022
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement on 7 October 2022 to inform that: CySEC, under article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, may reach a settlement agreement regarding any ...
EU Financial Regulators warn consumers on the risks of cryto-assets
April 14th, 2022
The European Supervisory Authorities (EBA, ESMA and EIOPA – the ESAs) today warn consumers that many crypto-assets are highly risky and speculative. The ESAs set out key steps consumers can take to ensure they make informed decisions. This warning ...
Cyprus Investment Firm fined for non compliance with an Article of the Market Abuse Regulation
August 16th, 2021
The Cyprus Securities and Exchange Commission (the ‘CySEC’) has issued an announcement to inform that has decided to impose an administrative fine to a Cyprus Investment Firm (CIF). In accordance with the CySEC’s announcement: The Board of the Cyprus ...
CySEC suspends partially the license of a Cyprus Investment Firm
August 4th, 2021
The Cyprus Securities and Exchange Commission (‘CySEC’) announces that the authorisation of the Cyprus Investment Firm Indication Investments Ltd (‘the Company’), number 164/12, is suspended partially, pursuant to section 10(1) of Directive DI87-05 for The Withdrawal and Suspension of ...
CySEC imposed an administrative fine to a Cyprus Investment Firm
June 16th, 2021
The Cyprus Securities Exchange Commission (CySEC) has issued an announcement to inform that has decided to impose an administrative fine to a Cyprus Investment Firm (CIF). According with the CySEC announcement: The Board of the Cyprus Securities Exchange Commission ...
ESMA: Retail clients continue to lose out due to high investment products costs
April 15th, 2021
The European Securities and Markets Authority (ESMA), the EU securities regulator, published its third annual statistical report on the cost and performance of European Union (EU) retail investment products. In the report ESMA finds that the costs of investing ...
CySEC: Withdrawn of the Investors Compensation Fund membership
April 5th, 2021
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement on April 2, 2021, to inform that the Investors Compensation Fund (‘the ICF’) has withdrawn the ICF membership of a member after the CySEC’s decision to withdraw the Cyprus ...
