Search Results for: law
Cyprus Investment Firm to pay ten thousand euro administrative fine
January 15th, 2020
The Board of the Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform the public that, at its meeting held on the 16th September 2019, decided to impose a total administrative fine of €10.000 to a Cyprus Investment ...
The Personal Data Commissioner in Cyprus slaps record fines for data violations
January 14th, 2020
The Office of the Commissioner for Personal Data Protection in Cyprus, an independent public authority responsible for monitoring the implementation of Regulation (EU) 2016/679 (GDPR) and other laws in Cyprus has slapped three related companies with €82,000 fines totalling ...
Emerging currencies: Latam currencies weaken
January 14th, 2020
Brazil’s real slid to a one-month low on Monday, leading a decline across major currencies in Latin America, while Sao Paulo-listed stocks ended a six-session losing streak amid a rally in global markets fueled by trade optimism. Extending losses ...
European stocks traded cautiously higher on Friday; These are the stocks on the move
January 10th, 2020
European stocks traded cautiously higher on Friday as world markets rally on the back of easing tensions in the Middle East. The pan-European Stoxx 600 had inched up 0.1% by the afternoon, with travel and leisure stocks surging 1.3% ...
Airbnb cannot be treated as a real estate agency – European Court of Justice
December 27th, 2019
The European Court of Justice, Europe’s top court,delivered Airbnb a major victory as the company readies for its public debut next year. Airbnb cannot be treated as a real estate agency by European regulators, the European Court of Justice ...
CySEC suspended the authorisation of a Cyprus Investment Firm
December 27th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform that the authorisation of the Cyprus Investment Firm Daweda Exchange Limited (‘the Company’), number 289/16, is suspended in whole, pursuant to section 71(6)(c) of Τhe Investment Services ...
UPDATE: European stocks flat as investors take profits into holidays
December 23rd, 2019
European stocks were mixed on Monday as investors sought to take profits into the holiday season following a sustained rally earlier in the month. The pan-European Stoxx 600 hovered around the flatline by mid-afternoon, with autos falling 0.9% and ...
CySEC announced the withdrawal of a Cyprus Investment Firm license
December 20th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued today an announcement to inform that, on its meeting of 9th December 2019, has decided to withdraw the authorisation of a Cyprus Investment Firm. In accordance the CySEC’s announcement, CySEC decided ...
Facebook’s transfer of EU citizen data to US legal, says EU court adviser
December 20th, 2019
Tools used by hundreds of thousands of companies to transfer EU citizens’ data abroad are legal, an adviser to Europe’s top court has ruled, marking a major win for Facebook in a long-running court case. Austrian privacy campaigner and ...
iSignthis shares its Annual Risk Classification of Customers
December 18th, 2019
iSignthis Ltd (ASX: ISX|DE: TA8)(“the Company”) is required under European Anti Money Laundering Regulation to classify its customers by risk levels (low, medium or high-risk) for its wholly-owned, prudentially regulated electronic-money services subsidiary, iSignthis eMoney Ltd. These classifications of ...
