Search Results for: law
Cyprus Investment Firm fined; The reason?
November 16th, 2020
The Board of the Cyprus Securities and Exchange Commission (the ‘CySEC’) has issued an announcement to inform for the imposition of an administrative fine to a Cyprus Investment Firm (CIF). In accordance with the announcement, the CySEC at its ...
Dollar loses ground, pound gains as traders eye Brexit talks
November 16th, 2020
The dollar lost ground against other major currencies on Monday, while the pound and the euro drew strength from signs that Britain and the European Union could make progress negotiationg a post-Brexit trade deal. Sentiment across markets were mixed, ...
Fondex Adds Paymero as New Funding Method for Asian Clients
November 10th, 2020
Fondex, the multi-award winning and regulated online CFD broker, has declared yet another new addition to its various account funding methods – Paymero. Paymero is a world-class payment solution for Asian markets that offers Fondex clients the flexibility of ...
Record $114 million whistleblower award
October 29th, 2020
The U.S. Securities and Exchange Commission (SEC), the regulatory authority in U.S. that monitors the activities of more than 27,000 entities in the securities industry, has issued a press release to announce an award of over $114 million to ...
The destruction of the euro
October 26th, 2020
The Eurozone is bust. The deterioration of TARGET2 imbalances have been hardly noticed, but in recent months it has been alarming. Despite official denials over the years that it is a matter of concern, it is increasingly obvious ...
Most of the emerging Asian markets currencies dipped against the dollar
October 22nd, 2020
Thai shares bounced from earlier losses on Thursday after the government lifted emergency measures aimed at ending months-long protests against Prime Minister Prayuth Chan-ocha and the monarchy. Uncertainty over whether U.S. lawmakers would be able to agree on and ...
GDPR non-compliance: Multinational clothes retailer fined more than €35 million
October 21st, 2020
Clothes retailer H&M has been fined more than €35 million in relation to employee record-keeping practices – the highest financial penalty imposed in Germany to-date in relation to non-compliance with the General Data Protection Regulation (GDPR). The data protection ...
Asian stocks slipped; Investors await key earnings results
October 20th, 2020
Asian stocks slipped on Tuesday as investors adjusted risk exposure heading into the U.S. election and ahead of a deadline for Washington to pass an economic stimulus bill, while Europe reported record daily coronavirus infections. MSCI’s broadest index of ...
The emerging evidence of hyperinflation
October 15th, 2020
Note: all references to inflation are of the quantity of money and not to the effect on prices unless otherwise indicated. In last week’s article I showed why empirical evidence of fiat money collapses are relevant to monetary ...
Fondex Adds Paytrust88 to its Funding Methods to Facilitate Asian Market Deposits
September 30th, 2020
Fondex, the multi-award winning and regulated online CFD broker, has announced a new addition to its various account funding methods in the face of Paytrust88. Paytrust88 is a reputable payment provider, specialized on the support of Asian market payments. ...
