Search Results for: compliance
Nasdaq OMX, Markit Have Expressed Interest in Interactive Data Corp.
August 3rd, 2015
Sale could value IDC at more than $5 billion, including debt Nasdaq OMX Group Inc. and Markit Ltd. have expressed interest in acquiring financial data provider Interactive Data Corp., according to people familiar with the matter. Nasdaq and Markit and some private-equity firms are ...
NFA takes emergency enforcement action against commodity trading advisor
July 31st, 2015
National Futures Association (NFA) announced today that it has taken an emergency enforcement action against Jonathan Parker (Parker), an NFA Member commodity trading advisor (CTA) located in Woodstock, Ga. This action was taken to protect Parker’s customers since NFA believes that ...
SFC reprimands and fines Nomura International (Hong Kong) Limited HK$4.5 million for regulatory breach
July 30th, 2015
The Securities and Futures Commission (SFC) has reprimanded and fined Nomura International (Hong Kong) Limited (Nomura Hong Kong) HK$4.5 million for failing to report significant misconduct by a former trader in a timely manner (Note 1). On 11 June ...
US watchdog refers PwC to ethics panel
July 30th, 2015
A US Department of Justice (DoJ) agency has referred PwC to the AICPA professional ethics division after finding ‘extensive deficiencies’ in an audit carried out by the US firm into federal grant compliance by a charity called Big Brothers ...
CySec informs that decided to withdraw the suspension of a CIF
July 29th, 2015
The Cyprus Securities and Exchange Commission (‘CySec’), has issued a press release to inform that on its meeting dated 20 July 2015, decided to withdraw, as from 27 July 2015, the suspension of the CIF’s authorisation of ‘Asset Management Advisory ...
Italy Confirms FATCA Data Instructions
July 29th, 2015
The Revenue Agency has confirmed that it has finalized its instructions for Italian financial institutions (FIs) to transmit their data to comply with the Foreign Account Tax Compliance Act (FATCA) inter-governmental agreement (IGA) between Italy and the United States. ...
Nippon Wealth Limited Opts for Wolters Kluwer Financial Services
July 28th, 2015
Hong Kong-based Wealth Management Firm Signs Up to use OneSumX for Anti-Money Laundering and Regulatory Reporting Wolters Kluwer Financial Services has signed Nippon Wealth Limited, a Restricted License Bank (NWB) as a user of OneSumX. The restricted license bank, ...
ASIC bans former director of Provident Capital Limited
July 28th, 2015
ASIC has banned Mr Trevor John Seymour, a former director of Provident Capital Limited (Provident Capital), from managing corporations for three years and providing financial services for three years. The ban follows an ASIC investigation which found Mr Seymour ...
FINRA Fines Goldman Sachs Execution & Clearing, L.P. $1.8 Million for OATS and Trade Reporting Failures
July 28th, 2015
The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Goldman Sachs Execution & Clearing, L.P. $1.8 million for systemic Order Audit Trail System (OATS) reporting violations spanning a period of more than eight years, failure to ...
GP Global announces AML Seminar – 22 September 2015
July 23rd, 2015
G.P. GLOBAL LTD has issued a press release to inform for: AML Seminar – 22 September 2015: From Theory to Practice – A practical approach to: KYC/CDD – Monitoring – AML Risk Assessment – Risk Scoring and much ...
