Search Results for: compliance
Top news of the day, May 28
May 28th, 2015
1. Finance chiefs from the Group of Seven economic powers met on Thursday to discuss how to revive a faltering global recovery, with the United States leaning on Europe to reach a deal to avert a Greek bankruptcy. The ...
Plus500: AGM Trading Update and Statement
May 27th, 2015
Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces the following trading update, in advance of its AGM being held later today. Trading update Group Summary · Year to date revenues of $107.9m are ...
The FCA has today published Decision Notices in respect of three former members of Keydata’s senior management
May 27th, 2015
The FCA has today published Decision Notices in respect of three former members of Keydata’s senior management: Stewart Ford (former chief executive), Mark Owen (former sales director) and Peter Johnson (former compliance officer). All three individuals have referred their ...
FMA issues warning on continuous disclosure obligations and secures $500,000 compensation payment from Pacific Edge Limited
May 25th, 2015
The Financial Markets Authority (FMA) has concluded its investigation into Pacific Edge Limited regarding potential breaches of its continuous disclosure obligations. The FMA has concluded that it is likely Pacific Edge contravened NZX Main Board Listing Rule 10.1.1(a) and, ...
Bank Regulations Increasing Capital Requirements by $2 Trillion in Europe, U.S.
May 22nd, 2015
FICO has found cumulative capital requirements among banks in Europe and the United States are on pace to increase more than $2 trillion from pre-financial-crisis levels due to new regulations. That finding is included in a report on the global banking sector ...
CySec imposes administrative fine of €20.000 to a CIF
May 21st, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €20.000 to Trademarker (Cyprus) Ltd for the infringement of the Law which provides for the provision of Investment services, the exercise ...
CySec imposes administrative fine of €8.000 to a CIF
May 20th, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €8.000 to Reliantco Investments Ltd for the infringement of the Law which provides for the provision of Investment services, the exercise ...
Industry not prepared for MIFID II product governance challenges
May 20th, 2015
MIFID II will bring a significant increase in product governance responsibilities for all parties involved in the selling of an investment product. Under the new proposals both manufacturers of investment products and distributors will be responsible for the products ...
Cloud demonstrates a silver lining for Financial Services organisations looking to improve supply chain collaboration
May 20th, 2015
A shift in thinking across the financial services sector, embracing the advantages of private cloud software delivery, has seen leading eProcurement software provider Wax Digital pick up six new clients in the sector in the last six months, including ...
ASIC releases first licensing activity report
May 20th, 2015
ASIC today published its first report on its approach to licence applications to help inform businesses and individuals wanting to provide financial services or credit, or register as a liquidator or auditor. Report 433 Overview of licensing and professional registration ...
