Search Results for: law
European stocks end higher as Wall Street extends its rally
February 27th, 2018
European stocks closed in the green Monday, with investors starting the week in the mood to take on risk following Friday’s rally on Wall Street, and as U.S. stocks extended their march higher. How markets are trading The Stoxx ...
French financial regulators warn the public for an unauthorised investment services provider
February 26th, 2018
The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) are warning the public against the activities of bil patrimoine and the website www.bil-gestionpatrimoine.com proposing investment services and savings accounts without being authorized ...
CySEC decided to withdraw the suspension of the authorisation of a Cyprus Investment Firm
February 23rd, 2018
The Cyprus Securities and Exchange Commission (CySEC), further to its Decision published on 17 March 2017, informs the public that, at its meeting dated 12 February 2018, decided to withdraw the suspension of the authorisation of the Cyprus Investment ...
Social media companies need to do more to fully comply with EU consumer rules
February 22nd, 2018
Social media companies need to do more to respond to the requests, made last March by the European Commission and Member States’ consumer authorities, to comply with EU consumer rules. The changes made by Facebook, Twitter and Google+ to ...
Brexit Plagues the Pound – But How Long will this Continue?
February 21st, 2018
When it was announced that the UK electorate had voted to leave the EU, the pound (GBP) sunk to a 31-year low amid rising tension and huge swathes of negative sentiment. Although it’s fair to say that the GBP ...
Online retail Forex provider to pay a €138,000 penalty
February 21st, 2018
The Cyprus Securities and Exchange Commission (“CySEC”) has issued an announcement to inform that has imposed a financial penalty on ICFD Ltd (the “Company”), an investment firm that provides online retail trading products in forex. A fine of €138,000 ...
The big bang for alternative legal services providers
February 21st, 2018
Will 2018 be the ‘big-bang’ year for the use of Alternative Legal Services providers, asks PwC’s Peter Workman? The current legal and regulatory environment is burdensome. General counsel and their legal teams are under ever increasing pressure to reduce legal ...
Experts predict the price of these cryptocurrencies to soar in 2018
February 15th, 2018
A group of 13 experts have suggested Bitcoin will be the best performing of all cryptocurrencies this year and could shoot up to a value of $14,928 by March 1 and hit $43,472 by the year’s end – more ...
Facebook personal data use and privacy settings ruled illegal by German court
February 15th, 2018
Facebook’s default privacy settings and use of personal data are against German consumer law, according to a judgement handed down by a Berlin regional court. The court found that Facebook collects and uses personal data without providing enough information ...
BCSC consults with stakeholders in financial technology sector
February 15th, 2018
The British Columbia Securities Commission (BCSC) today released a fintech notice and request for comment (the notice), summarizing the results of the BCSC’s fintech outreach activities in 2017 and seeking input on potential measures to clarify or modernize B.C. ...
