Search Results for: Vest Financial
CySec informed that a Cyprus Investment Firm obtained the license for CIF
September 12th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Stone Edge Capital Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised ...
Two investment firms charged with compliance failures
September 9th, 2016
The Securities and Exchange Commission announced that two investment advisory firms are settling charges related to compliance failures within their wrap fee programs. SEC investigations found that St. Petersburg, Fla.-based Raymond James & Associates and Milwaukee-based Robert W. Baird & ...
DLT Financial To Launch Top 10 Cryptocurrency Index
September 8th, 2016
Recently rebranded from Tramonex, DLT Financial is a fintech company that aims to make virtual currencies an enticing asset class for investors. The firm has received a 250,000 GBP ($333,000 USD) grant from the UK government to develop a working prototype of their proposed ...
Inexperienced Chinese investors are getting stung by fintech scams
September 8th, 2016
China is witnessing a fintech boom. Companies providing electronic payments, cryptocurrency trading and other online financial services there are not only mushrooming, they are among the biggest and most highly rated in the world. The Fintech 100, a ranking ...
CySec imposed more than 1 million in Administrative Fines on Investment firms in 2016
September 7th, 2016
The Cyprus Securities and Exchange Commission (CySec) has imposed the total of €1,168 million of fines on Cyprus Investment Firms in 2016, till August 31. In this amount is included a settlement made between CySec and a CIF. The biggest fines ...
A new Cyprus Investment Firm licensed by CySec
September 6th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “CB Capital Business Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised ...
BNP Paribas Investment Partners goes live with Commcise
September 6th, 2016
Commcise Software Limited, the provider of award-winning Integrated Commission Management Solutions for investment management firms, is pleased to announce that BNP Paribas Investment Partners has implemented CommciseBuy globally. Commcise provided a complete multi-broker, multi-asset, integrated Commission Sharing Agreement (CSA) and Share-of-Wallet ...
Brazilian Police Launch Investigation Into Alleged Fraud at Pension Funds
September 6th, 2016
Brazilian police on Monday said they launched an investigation into alleged fraud of as much as 8 billion reais ($2.5 billion) at the country’s four largest pension funds, all of which are linked to state-controlled companies. Judge Vallisney de ...
HKMA embraces FinTech as it burnishes Hong Kong’s brand to compete as Asia’s financial hub
September 6th, 2016
The Hong Kong Monetary Authority has unveiled a series of policy initiatives for banks to embrace technology, and changed the city’s tax regime to attract corporate treasury departments, as it sharpens its edge to compete with Singapore and Tokyo ...
CySec announced license approval for a new Cyprus Investment Firm
September 6th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “IGM Forex Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to ...
