Search Results for: regulators
ESMA advocates common pronciples for setting up share classes in UCITS funds
January 31st, 2017
The European Securities and Markets Authority (ESMA) has today issued an Opinion on the extent to which different types of units or shares (share classes) of the same UCITS fund can differ from one another, having found diverging approaches ...
The seven simple rules on how to avoid Forex scams
January 30th, 2017
Forex scams are common despite the fact that regulatory authorities around the world are actively trying to set regulations and rules to protect investors and public from fraudsters. Forex market is still unregulated to a large extent and fraudsters ...
AMF France introduced a new market surveillance
January 26th, 2017
The Autorité des Marchés Financiers (AMF), ever determined to remain at the forefront of detecting market abuse and other violations, is launching an effort to modernise its monitoring system, enhancing its ability to detect, analyse and investigate suspicious activity. ...
IG Group reports Profit before tax up 6.7%
January 24th, 2017
IG Group Holdings plc (“IG”, “the Group”, “the Company”), a global leader in online trading, today announces results for the six months ended 30 November 2016. Financial Summary Net trading revenue(1) up 14% at £244.9 million Operating expenses up ...
What’s next for blockchain and cryptocurrency
January 24th, 2017
In May of 2010, someone on a Bitcoin forum by the name of Lazlo claimed to have bought two pizzas for 10,000 bitcoins. It was the first time anyone had purchased anything with the new digital currency, which at ...
Deutsche Börse presents blockchain concept for risk free cash transfer
January 23rd, 2017
Eurex Clearing acts as trusted party for transactions Direct payments with commercial bank money Deutsche Börse Group has developed a concept for riskless transfer of commercial bank money via an infrastructure based on distributed ledger technology (DLT). By combining ...
How blockchain technology could revolutionise global trade
January 21st, 2017
Blockchain technology could revolutionise trade – making it cheaper, quicker and simpler for businesses to trade internationally. From “letters of credit” to “bills of lading”, merchandise trade today is heavily reliant on paper documents. In our digital, connected world, ...
SEC Establishes Supervisory Cooperation Arrangement With Hong Kong SFC
January 20th, 2017
The Securities and Exchange Commission today announced that it has established a comprehensive arrangement with the Hong Kong Securities and Futures Commission (SFC) as part of the SEC’s long-term strategy to enhance the oversight of regulated entities that operate ...
CySec imposed more than €1,9 million in Administrative Fines on Investment firms in 2016
January 18th, 2017
The Cyprus Securities and Exchange Commission (CySec) has imposed the total of €1,911 million of fines on Cyprus Investment Firms in 2016. In this amount is included a settlement made between CySec and a CIF. The biggest fines were ...
Takata to plead guilty to criminal wrongdoing in defective airbags probe; to pay $1 billion
January 13th, 2017
Takata Corp. is expected to plead guilty to criminal wrongdoing and pay $1 billion over its handling of defective airbags, the The Wall Street Journal reported Thursday. The auto parts supplier has been under federal investigation since its rupture-prone airbags were ...
