Search Results for: law
Israel Securities Authority announced exams will also be held in English language
March 8th, 2017
The Israel Securities Authority will, in addition to the exam in Hebrew, conduct the Securities Laws and Professional Ethics exam in English during the 2017 Summer session The Securities Laws and Professional Ethics exam conducted in November 24, 2016, ...
PwC in US sued for MF Global’s Collapse
March 8th, 2017
MF Global, PwC Blame Each Other for MF Global’s Collapse The trial between PwC, one of the world’s largest accounting firms, and the bankrupt brokerage MF Global gets underway. The trial between one of the world’s largest accounting firms ...
Yahoo General Counsel resigns following investigations for cybersecurity failures
March 8th, 2017
A report prepared for the Securities and Exchange Commission identified $11 million worth of legal costs associated with a mass hack of Yahoo accounts that took place in 2014. Last week, Yahoo confirmed that general counsel and company secretary ...
PayPal Sued in Class Action for Deceptive Charity Scheme
March 7th, 2017
The online payment powerhouse PayPal is facing a public image fiasco as a result of a recent class action lawsuit alleging they lied to people making charitable contributions. Essentially, the lawsuit claims that people were tricked into donating to ...
Spanish regulator warns for unauthorised Forex and Binary providers
March 7th, 2017
The Spanish regulator Comisión Nacional de Mercado de Valores (CNMV) has issued announcements to warn investors and public in relation to unauthorized Forex and Binary Options providers. According the announcements issued, CNMV informs that pursuant to the second paragraph ...
SFC Hong Kong fined $3 million a security brokerage company
March 6th, 2017
The Securities and Futures Commission (SFC) has reprimanded Guangdong Securities Limited (GSL), now known as Sinolink Securities (Hong Kong) Company Limited (Sinolink), and fined it $3 million for failures in complying with anti-money laundering guidelines when handling third party ...
How digital is your country? The performance of the European countries
March 6th, 2017
The 2017 Digital Economy and Society Index (DESI) shows that the EU is making progress but the gap between top digital players and lower-performing countries is still too wide. More efforts and investments are needed to make the most ...
CySec informs Cyprus Investment Firms about freedom to provide investment services in a third country
March 6th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform Cyprus Investment Firms (CIFs) in respect of the freedom to provide investment and ancillary services and/or perform investment activities in a third country. According the Circular: ...
CySec: Two Administrative Services Providers waived their authorization
March 6th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued press releases to announce that the authorization of two Administrative Services Providers (ASP) lapsed. According the CySec’s announcements the ASP companies: 1) Suxess Management Ltd; and 2) Amiltrust Cyprus Ltd ...
Firms vie over rights to Arthur Andersen name
March 6th, 2017
A company calling itself Arthur Andersen announced it has reconstituted the former Big Five firm in 16 countries, but its rights to the brand are being challenged by another firm that took the Andersen name in 2014. French businessman ...
