Search Results for: law
Yen gains but yuan, Aussie dip as U.S.-China trade war escalates
May 13th, 2019
The safe-haven yen edged higher and the Chinese yuan and Australian dollar dipped early on Monday after the latest escalation in the trade war between the United States and China. The world’s two biggest economies appeared at a deadlock ...
Bitcoin climbed to the highest level in more than six months
May 9th, 2019
The cryptocurrency, which has been on a wild ride that took it above $19,000 in December 2017 and as low as $3,136.04 in December last year, has clawed its way back to the highest level in more than six ...
Binary Options trading firm and its principals charged with $4.8 million fraud scheme
May 9th, 2019
The Commodity Futures Trading Commission (CFTC) has issued an announcement to inform about the filing of a civil enforcement action (Complaint) against William Thomas Caniff of Steubenville, Ohio, Arie Bos, of Rotterdam in the Netherlands, their company, Berkley Capital ...
GDPR close to one year anniversary; Has lived up to its potential?
May 8th, 2019
The European Union’s General Data Protection Regulation was celebrated as a revolution in how internet privacy could be legislated. It was a reaction to long-term concerns in the EU about information collection by tech giants like Facebook, Alphabet and ...
Cayman Islands plans to broaden regulatory regime for securities and investments
May 8th, 2019
The Cayman Islands plans to broaden the territory’s regulatory regime for securities and investments. The territory launched a consultation on The Securities Investment Business (Amendment) Bill, 2019 on April 16, and parliament will discuss the bill at its next ...
Cyber wars and all that
May 3rd, 2019
Behind the Huawei story, we must not forget there is a wider financial war being waged by America against China and Russia. Stories about China’s banks being short of dollars are incorrect: the shortage is of inward capital ...
Cyprus Investment Firm fined €170.000
May 3rd, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform the public that, the Board of the CySEC at its meeting held on the 2nd of April 2019, decided to impose an administrative fine to a ...
The US Government Debt Crisis
May 2nd, 2019
This article explains why the US Government is ensnared in a debt trap from which there is no escape. Its finances are spiralling out of control. In the context of a rapidly slowing global economy, the budget deficit ...
Towards a new regime for crypto-assets in France; Optional visa regime for ICOs
April 25th, 2019
The PACTE draft Bill (Action Plan for Business Growth and Transformation) was adopted at its final reading in the French National Assembly on 11 April 2019. Once enacted, the law will establish a framework for fundraising via the issuance ...
Standard Chartered Bank fined for poor AML controls
April 25th, 2019
The Financial Conduct Authority (FCA) has fined Standard Chartered Bank (Standard Chartered) £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. This is the second largest financial penalty for AML controls failings ever imposed ...
