Search Results for: regulators
Europe’s new privacy law will change the web and more
April 16th, 2018
Consumers have long wondered just what Google and Facebook know about them, and who else can access their personal data. But internet giants have little incentive to give straight answers — even to simple questions like, “Why am I ...
$27 million in stock sales of purported cryptocurrency company freezes
April 16th, 2018
The Securities and Exchange Commission has obtained a court order freezing more than $27 million in trading proceeds from allegedly illegal distributions and sales of restricted shares of Longfin Corp. stock involving the company, its CEO, and three other ...
Supervisory authorities around the world warn for unauthorised financial services firms
April 13th, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Hong Kong (Securities and Futures Commission – SFC), Austria (Financial Market Authority – FMA), France (Autoritè des Marches Financiers ...
EU plans more powers for consumers to sue companies
April 12th, 2018
The European Union plans more powers for consumers to sue firms such as Volkswagen after the Dieselgate scandal showed the limits of consumer protection authorities to curb corporate cheating. Wednesday’s proposal by the EU executive would allow some groups ...
Bitcoin Foundation cofounder: Crypto isn’t in a bubble — ‘bitcoin is the pin that’s going to pop the bubble’
April 3rd, 2018
Bitcoin has more than halved in value since the start of the year, leading critics to say it’s in a bubble that’s deflating. Jon Matonis, the cofounder of the Bitcoin Foundation, says the real bubble is in bond and ...
The yuan-oil future and gold
April 3rd, 2018
“There can be little doubt that the introduction of the yuan-denominated oil future has been a major strategic step for China.” Regular readers of Goldmoney’s research will be aware that we were among the first to alert western ...
CME Group to acquire NEX Group plc, bringing together cash, futures and OTC Marketplaces
March 30th, 2018
CME Group Inc. (Nasdaq: CME) and NEX Group plc (NXG.L) today announced that they have reached an agreement in which CME Group will acquire NEX in a transaction valued at £10 per share, consisting of 500 pence in cash ...
FCA statement on EU withdrawal following the March European Council
March 29th, 2018
The Financial Conduct Authority (FCA) welcomes the agreement reached on the terms of an implementation period that will apply following the UK’s withdrawal from the European Union. The implementation period is intended to operate from 29 March 2019 until ...
Financial supervisory authorities from around the world issued investor protection warnings
March 28th, 2018
The supervisory authorities of the Italy (CONSOB), United Kingdom (Financial Conduct Authority – FCA), France (Autoritè des Marchers Financiers – AMF), Ireland (Central Bank of Ireland), British Columbia (British Columbia Securities Commission – BCSC), Switzerland (Swiss Financial Market Supervisory ...
Law firm urges Volkswagen consumers to join largest-ever class action over emissions scandal
March 26th, 2018
The law firm acting for around 10,000 Volkswagen (VW) customers whose cars were fitted with defeat diesel devices has urged more claimants to join what could be the largest-ever class action. Your Lawyers is currently acting for around 10,000 ...
