Search Results for: regulators
Malta’s supervisory authority issued a notice against a bank and its director
March 23rd, 2018
Malta Financial Services Authority (MFSA), the single regulator for financial services in Malta, has issued a notice to inform public concerning Pilatus Bank Limited and its director Mr Ali Sadr Hasheminejad. The notice issued says: Pilatus Bank Limited, (“the ...
Bitcoin rallies above $9,000 after positive G-20 cryptocurrency meeting
March 21st, 2018
Bitcoin prices recovered above $9,000 after regulators had “productive” discussions on cryptocurrency at a G-20 meeting of finance ministers and central bank governors in Buenos Aires, Argentina, on Tuesday. Bitcoin prices topped $9,000 after finance ministers took a more ...
FCA UK publishes discussion paper on transforming culture in financial services
March 21st, 2018
The Financial Conduct Authority (FCA) has published a discussion paper on transforming culture in financial services which presents views from academics and industry thought leaders. The paper is intended to provide a basis for stimulating further debate on transforming ...
Have you ever wonder if the European Central Bank makes a profit?
March 19th, 2018
When you think of the European Central Bank (ECB), do you think of a bank aiming to make a profit? It is certainly true that the ECB publish annual accounts, so the profits are there for all to see. But ...
ACCA warns professional accountants over the risks of cryptocurrencies like bitcoin
March 16th, 2018
ACCA (the Association of Chartered Certified Accountants) has issued a new warning to professional accountants over the importance of maintaining an up-to-date understanding of developments in the fast-moving space of cryptocurrencies like Bitcoin. Maggie McGhee, director of Professional Insights ...
Seniors are at a higher risk than other investors of losing money to fraud
March 16th, 2018
The Board of the International Organization of Securities Commissions has published a report that examines the growing vulnerability of ageing investors to financial fraud and other risks and identifies sound practices for enhancing their protection. The report Senior Investor ...
This Crypto Exchange is offering a $250,000 bounty for hacker tip-offs
March 12th, 2018
One of the world’s biggest cryptocurrency exchanges is going on the offensive to deter hacking attempts that have plagued the industry. Binance, founded by Zhao Changpeng, is offering the equivalent of $250,000 (paid in cryptocurrency) for information that leads ...
How to choose the best bitcoin or cryptocurrency exchange
March 1st, 2018
During the bitcoin frenzy at the end of December, Coinbase, one of the premier exchanges, halted trading briefly due to crushing volume as prices plunged. Many of Coinbase’s competitors also have suffered growing pains as digital money grows ever ...
Law firms join blockchain platform
February 28th, 2018
A group of top law firms have joined forces with an enterprise software company including Baker & McKenzie and Clifford Chance. A software firm R3 has launched the Legal Centre of Excellence (LCoE) as a platform for the global ...
New credit card rules introduced by the Financial Conduct Authority
February 28th, 2018
The Financial Conduct Authority (FCA) has published its final policy statement on new rules for the credit card market. The FCA estimates the changes will save consumers between £310 million and £1.3 billion a year in lower interest charges. ...
