Search Results for: Vest Financial
Fintech Offer Opportunity To Investors
May 11th, 2016
Fintech is changing the way consumers interact with financial services and a key area for investors. Financial technology is shifting the business model away from cost per transaction to monetising data and advertising. New technologies include peer to peer ...
CySec announced the license for a new Cyprus Investment Firm
May 6th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Magic Compass Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
South Korea offers 25 billion USD investment package to Iran
May 5th, 2016
South Korean President Park Geun-hye offered 25 billion U.S. dollars aid for infrastructure investment in Iran, Petro Energy Information Network (SHANA) reported on Wednesday. According to its 6th Development Plan, Iran wants to invest 185 billion U.S. dollars in ...
Craigs Investment Partners admitted that has breached the Anti-Money Laundering and Countering Financing of Terrorism Act
May 5th, 2016
The Financial Markets Authority (FMA) has today issued a formal warning to Craigs Investment Partners Limited (Craigs) under section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the AML/CFT Act). Section 22 of the AML/CFT ...
FSMA added new companies on its list of unauthorised investment firms in Belgium
May 5th, 2016
The Financial Services and Markets Authority (FSMA) has issued an announcement to inform that the Authority has updated its list of providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully in Belgium. Below is ...
Investment pros wary of robo-advisor threat
May 4th, 2016
Investment professionals around the world expect robo-advisors to start replacing humans in the mass affluent market, but are far less concerned that computers will oust them from their work with higher net worth clients. Of 775 investment pros surveyed ...
SEC announced fraud charges against 10 individuals involved in schemes to trick investors
May 4th, 2016
The Securities and Exchange Commission today announced fraud charges against 10 individuals involved in schemes to trick investors into buying shares of a particular company stock. The schemes were allegedly fraught with cash bribes and other kickbacks to registered ...
First-time investors urged to turn to inexpensive ‘robo-advisers’
April 28th, 2016
It appears not many people are into investment in Japan. As of last December, only about 16 percent of Japan’s ¥1.7 quadrillion in personal financial assets was held in stocks, investment trusts or bonds. This is partly due to ...
Oil prices jump on weak dollar, strong investor appetite
April 27th, 2016
Crude oil futures rose around half a dollar on Wednesday and remained near 2016 highs on the back of strong investor sentiment and a weak dollar, although analysts warned this month’s bull-run could soon run out of steam. International ...
Artificial Intelligence seen as opportunity and threat by financial services sector
April 26th, 2016
New global survey reveals tensions between optimism and unease Majority believe AI and other fintech will make financial markets more competitive by 2018 But more than three-quarters say regulators are unable to keep pace with changing technology Sixty percent ...
