The Cyprus Regulator fined €20.000 an Administrative Service Provider
February 9th, 2018
The Board of the Cyprus Securities and Exchange Commission (‘CySEC’) has issued today an announcement to inform the public that, at its meeting held on 20th November 2017, decided to impose a total administrative fine of €20.000 on the ...
SFC reprimands and fines Credit Suisse millions for regulatory breaches
February 9th, 2018
The Securities and Futures Commission (SFC) has resolved its concerns with Credit Suisse (Hong Kong) Limited (CSHK), Credit Suisse Securities (Hong Kong) Limited (CSSHK) and Credit Suisse AG (CSAG) (collectively, Credit Suisse) over internal control failures. Under the resolution, ...
CySEC fined €30.000 a Cyprus Investment Firm
February 6th, 2018
The Board of the Cyprus Securities and Exchange Commission (‘the CySEC’) has issued today an announcement to inform the public that, at the meeting held on 20th November 2017, decided to impose an administrative fine of €30.000 to the CIF ...
Institutional brokerage provider fined $1.5 Million
February 6th, 2018
The Financial Industry Regulatory Authority (FINRA) announced that it has fined Wedbush Securities Inc. $1.5 million for violating the Securities and Exchange Commission’s (SEC) Customer Protection and Net Capital Rules, and for related supervisory and books and records failures. ...
CySEc decided to withdraw the authorization of a Cyprus Investment Firm
February 6th, 2018
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued an announcement to inform that, on its meeting of 25th September 2017, has decided, pursuant to sections 25(1)(b) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law ...
Oil rose for a third day
February 2nd, 2018
Oil rose for a third day on Friday after a survey showed strong compliance with output cuts by OPEC and others including Russia, offsetting concerns about surging U.S. production. Brent futures, the global benchmark, were up 24 cents, or ...
Businesses spend $1.5 million on global data protection
January 31st, 2018
Nearly half of global companies are struggling with data protection and privacy issues. Global businesses are having difficulty keeping up with the deluge of new data privacy regulations taking effect around the globe. Nearly one in two organisations (47 ...
Russian-Speaking Client Relations Managers
January 30th, 2018
Russian-Speaking Client Relations Managers Reference Number: CRMRU1018 The position: We are looking for energetic and self-motivated professionals to join our Client Relations team in Cyprus. The main responsibilities of the position include: Developing and maintaining excellent relationships with prospective ...
European Commission proposed new rules for more flexibility on VAT rates
January 24th, 2018
The European Commission proposed new rules to give Member States more flexibility to set Value Added Tax (VAT) rates and to create a better tax environment to help SMEs flourish. Proposals are the final steps of the Commission’s overhaul ...
ASIC reports on how large financial institutions manage conflicts of interest in financial advice
January 24th, 2018
An Australian Securities and Investments Commission (ASIC) review of financial advice provided by the five biggest vertically integrated financial institutions has identified areas where improvements are needed to the management of conflicts of interest. The review looked at the ...
