Search Results for: law
CySec publishes information for CIFs in relation to retail investors under MiFID
November 30th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform the Cyprus Investment Firms (CIFs) that ESMA published on October 11, 2016, an updated version of its questions and answers document (the ‘Q&A’) on the application ...
PCAOB Enters Into Cooperative Agreement with Italian Audit Regulator
November 30th, 2016
The Public Company Accounting Oversight Board today announced that it has entered into a cooperative agreement with the Italian audit oversight regulator Commissione Nazionale per le Società e la Borsa (CONSOB). The agreement allows for cooperation between the PCAOB ...
The Russian Central Bank to issue Alpari a Forex dealer license
November 30th, 2016
Alpari becomes a licensed Forex dealer in Russia In 28th November, 2016, the central bank of the Russian Federation finalised its decision to issue Alpari Forex Ltd. with a license granting the company the right to conduct its activities ...
Thomson Reuters Wealth Management Offers Portfolio Management Solutions
November 29th, 2016
Thomson Reuters has signed an agreement with Dorsey, Wright & Associates (DWA), a Nasdaq Company, to offer investment research and portfolio management solutions to Thomson ONE Wealth clients in the Americas and Canada, through Dorsey Wright’s “DWA Research Platform,” ...
FCA launches call for input on high-cost credit and overdrafts
November 29th, 2016
Since taking over regulation of consumer credit in April 2014, the FCA has focused on products that it believes pose the highest risks to its consumer protection objective. One area of focus has been high-cost credit, which includes payday ...
Insurance commissioner’s enforcement action against Zenefits results in multi-million dollar penalty
November 29th, 2016
Insurance Commissioner Dave Jones today announced the enforcement action taken against Zenefits for multiple license violations has resulted in a $7 million penalty. Zenefits was charged with allowing unlicensed employees to transact insurance and circumventing insurance agent education requirements. ...
SFO will not charge former Tesco boss over accounting scandal
November 29th, 2016
Tesco’s former chief executive Philip Clarke will not face charges in relation to an accounting scandal at the supermarket chain, it has been confirmed. Clarke’s lawyer, David Corker, said on Monday that he had received a letter from the ...
Italian bank faces legal claims for a total of more than 8 billion euros
November 28th, 2016
Ailing Italian bank Monte dei Paschi di Siena said on Monday it is facing potential legal claims for a total of more than 8 billion euros ($8.5 billion) in a series of civil lawsuits. In a prospectus for a ...
Masterminds behind largest market manipulation case in Singapore charged
November 28th, 2016
Soh Chee Wen, also known as John Soh (Soh), and Quah Su-Ling (Quah) have today been charged for orchestrating a massive fraud to manipulate the market for the shares of Blumont Group Ltd (Blumont), Asiasons Capital Limited (Asiasons) (now ...
The Winners of the British Legal Awards 2016
November 28th, 2016
City of London Law Society Lifetime Achievement Award Margaret Chamberlain Law Firm of the Year Pinsent Masons Editor’s Award: Law Firm Leader of the Year Quentin Poole Legal Services Innovation Award Hogan Lovells Legal Week Intelligence Client Partner of ...
