Search Results for: compliance
ASIC: Former CEO of a Fund Manager Firm (in liquidation) is permanently banned
December 3rd, 2015
The Australian Securities and Investment Commission has issued a press release to inform about its decision to permanently ban former Equititrust CEO. According to ASIC, the Commission has permanently banned Mark McIvor, former Chief Executive Officer and founding director ...
Bank of China faces daily fine in US
December 2nd, 2015
The Bank of China will face a daily fine in the US unless it complies with a court request to give details of customers accused of selling fake goods. The bank was held in contempt of court in Manhattan ...
ASIC imposes licence conditions on Morgans Financial Limited
November 30th, 2015
ASIC and Morgans Financial Limited (Morgans) have agreed to the imposition of new licence conditions on Morgans’ Australian financial services licence. This action by ASIC follows a number of activities, including a surveillance of Morgans’ compliance with financial services ...
CySec announced Imposition of Fines on 4 Cyprus Investment Firms
November 27th, 2015
The Cyprus Securities Exchange Commission (CySec) has issued an announcement to inform about its decision for Imposition of Administartive Fines on four Cyprus Investment Firms. According to CySec, the CIFs Reliantco Investments Ltd, WGM Services Ltd , Pegase Capital ...
CySec announced Settlement with IronFX Global Ltd for €335.000
November 27th, 2015
The Cyprus Securities and Exchange Commission (CySec), following its announcement dated 06/08/2015, has issued an announcement to inform that: According the Article 37(4) of the Law 73(I)-2009 consolidated up to 135(I)-2015, the Commission may proceed with a compromise of ...
FCA fines Barclays £72 million. Barclays announces settlement
November 26th, 2015
FCA fines Barclays £72 million for poor handling of financial crime risks Barclays announces settlement with the FCA The Financial Conduct Authority (FCA) has today fined Barclays Bank (Barclays) £72,069,400 for failing to minimise the risk that it may ...
Former Goldman Employee Charged With Insider Trading Before Mergers
November 26th, 2015
The Securities and Exchange Commission announced insider trading charges against a former Goldman Sachs employee accused of stealing nonpublic information in the firm’s e-mail system so he could trade illegally in advance of client mergers and make more than ...
CySec announced the initiation of the compensation payment process by I.C.F for Pulp International Business Ltd
November 25th, 2015
The Cyprus Securities Exchange Commission (CySec) has issued an announcement to inform about its decision for Initiation of the compensation payment process by the Investor Compensation Fund for Clients of IFs (‘the I.C.F’) for Pulp International Business Ltd. CySec’s ...
Plus500: Termination of Merger, Dividend and Share Buyback
November 25th, 2015
Plus500 announces termination of Merger Agreement with Playtech, intended declaration of an Interim Dividend of $0.2121 per share and Share Buyback programme Further to the determination by Playtech PLC that it will be unable to obtain FCA approval before ...
CySec announced imposition of an administrative fine and reprimand for the Directors of Pulp International Business Ltd
November 24th, 2015
The Cyprus Securities and Exchange Commission (CySec) issued an announcement to inform public regarding its decision to impose an administrative fine / reprimand to the Directors of Pulp International Business Ltd. According to CySec, on its meeting held on ...
