Search Results for: compliance
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 ...
FSA Japan announced Administrative action against Credit Suisse Securities (Japan) Limited
April 26th, 2016
The Securities and Exchange Surveillance Commission (SESC) conducted an inspection on Credit Suisse Securities(Japan)Limited (hereinafter referred to as “the Company”), and found violations of the Financial Instruments and Exchange Act (hereinafter referred to as ”FIEA”). On April 15, 2016, ...
KCG announces First Quarter 2016 Results
April 22nd, 2016
KCG ANNOUNCES CONSOLIDATED EARNINGS OF $0.41 PER DILUTED SHARE FOR THE FIRST QUARTER OF 2016 KCG reports consolidated revenues of $345.4 million and pre-tax earnings of $60.0 million for the quarter KCG increases book value to $16.42 per share ...
Once A Tax Haven, Gibraltar Now Says It’s Low-Tax
April 19th, 2016
Gibraltar, a tiny British territory at Europe’s southern tip, is famous for its geography — a huge limestone rock — that appears on the Prudential logo. It’s a global center for offshore banking, with the trappings of wealth to prove ...
Deutsche Börse improves efficiency of European ETF trading
April 19th, 2016
Deutsche Börse Cash Market: Deutsche Börse has launched a new service which allows for an optimized on-exchange execution of large-sized ETF orders, the Xetra Quote Request. It enables users to take full advantage of Deutsche Börse’s complete service chain – ...
CySec wholly withdrawl the license of a Cyprus Investment Firm
April 19th, 2016
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has issued an announcement informing that: On its meeting of 28 March 2016, has decided, pursuant, of section 25(1)(b) and 26(4)(b), of the Investment Services and Activities ...
Bitcoin trading platform raises $ 1.2 mn
April 18th, 2016
The Bitcoin trading platform Coinsecure has raised $1.2 million as part of its ongoing ‘Series A’ investment round. The company opened the fund-raising round earlier in January and expects to close the round soon, an official statement said. Coinsecure, ...
Accenture and Leading Financial Institutions Call for Applicants for the Asia-Pacific FinTech Innovation Lab 2016
April 18th, 2016
The Asia-Pacific accelerator program, now in its third year, mentors financial technology entrepreneurs to help accelerate product and business development Applications open today for Asia-Pacific’s third annual FinTech Innovation Lab, Accenture’s (NYSE: ACN) 12-week program that helps early- and ...
Ethien partners with RAVN for digital delivery of ground-breaking Artificial Intelligence legal services
April 18th, 2016
Ethien, the legal and compliance services firm, has today announced that it has partnered with RAVN Systems, experts in Artificial Intelligence and Enterprise Search technology, to improve the digital delivery of legal services for law firms and in-house legal ...
Bank of Russia informs regarding revocation of a banking licence
April 15th, 2016
Due to the non-compliance by the Rostov-on-Don-based credit institution Joint-Stock Commercial Bank Stella-Bank, joint-stock company, or JSC JSCB Stella-Bank with federal banking laws and Bank of Russia regulations, repeated violations within a year of the requirements of Bank of Russia regulations issued in accordance with the Federal Law ‘On ...
