Search Results for: regulators
$299 million in compensation to investors; CSA published 2016 Enforcement Report
March 2nd, 2017
Canadian Securities Regulators introduce innovative initiatives and increase collaboration to deter market misconduct The Canadian Securities Administrators (CSA) today released its 2016 Enforcement Report. The ninth annual report highlights actions taken across Canada to deter and sanction wrongdoing in ...
Air bag manufacturer pleads guilty to fraud; To pay billions in fines
March 2nd, 2017
Japanese automobile parts manufacturer Takata pleaded guilty on Monday to wire fraud arising out of air bag defects that killed 16 people. Takata was sentenced to pay $1 billion in fines, victim compensation and compensation to the auto manufacturers ...
Can the entire Israeli Binary Options industry shut down?
March 2nd, 2017
At Knesset session, supporters of widely fraudulent industry that fleeces victims worldwide say bill to ban it would put 80,000 Israelis out of work. Unfazed, regulators, police and legislators vow to expedite law Two advocates for Israel’s widely fraudulent ...
Just Three things investors must know
March 2nd, 2017
What investors must know when they are ready to invest? Investors purchase an asset or item that they believe and hope that it will generate income for them. From an economic view, investments are not for consumed today but ...
IOSCO: Harmonisation of the Unique Transaction Identifier (UTI) to OTC derivatives transactions
February 28th, 2017
A new report provides technical guidance to authorities to enable them to set rules on assigning uniform global Unique Transaction Identifiers (UTIs) to over-the-counter (OTC) derivatives transactions. The report, entitled Harmonisation of the Unique Transaction Identifier, is a joint ...
SEC Staff Issues Guidance Update and Investor Bulletin on Robo-Advisers
February 25th, 2017
The Securities and Exchange Commission today published information and guidance for investors and the financial services industry on the fast-growing use of robo-advisers, which are registered investment advisers that use computer algorithms to provide investment advisory services online with ...
FCA and OSC sign Co-operation Agreement to support FinTech business
February 23rd, 2017
Under a new Co-operation Agreement (Agreement), innovative FinTech businesses in Ontario and the United Kingdom will be able to seek support from their financial regulators as they seek to operate in the other’s market. Signed this week, the Agreement ...
DFSA Signs MoU with European Securities and Markets Authority
February 23rd, 2017
The Dubai Financial Services Authority (DFSA) and the European Securities and Markets Authority (ESMA) have entered into information sharing and cooperation arrangements regarding DIFC based central counterparties (CCPs) compliance with conditions set out in The European Union’s Market Infrastructure ...
Unauthorised financial services companies around the world are reported
February 23rd, 2017
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Spain (Comisión Nacional del Mercado de Valores – CNMV), Ireland (Central Bank of Ireland), Austria (Financial Market Authority – FMA), Switzerland (Swiss Financial Market Supervisory Authority – ...
ACCA kicked off February with the seventh global public sector conference
February 21st, 2017
ACCA (the Association of Chartered Certified Accountants) kicked off February with their seventh global public sector conference in South Africa. The two-day event held on 14 – 15 February, welcomed 150 guests from around the world and explored the ...
