Search Results for: regulators
Former regulator turns Bitcoin tech advocate
April 14th, 2016
Former New York state financial services chief Benjamin Lawsky may have taken a harsh view of virtual currency as a regulator, but he has begun to stump for the technology behind it. The man accused of implementing tough regulations on ...
Pragma launches SmartFix algorithm to improve FX trading performance against WM/R 4pm fix
April 12th, 2016
Sophisticated new algorithm executes based upon pattern identified by Pragma research Shift to TWAP trading within widened WM/Reuters window has led to predictable trading patterns Pragma Securities, a leading provider of high performance algorithmic trading tools, has launched Pragma ...
CONSOB Italy warns against Titan Trade
April 11th, 2016
The Commissione Nazionale per le Società e la Borsa (CONSOB), the regulatory authority of Italy, has issued an announcement to inform public and investors regarding a firm not authorised to provide investment services and business in Italy. According to CONSOB warning, Titan ...
CySec announced a new Cyprus Investment Firm
April 8th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “AJF Financial Services Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate ...
PwC appoints new Insurance regulatory partner
April 7th, 2016
PwC is pleased to announce that Carlos Montalvo Rebuelta, one of Europe’s leading insurance regulators, has joined its global insurance regulatory practice. Based in Spain, Carlos will play a leading role supporting PwC’s EMEA and global clients in managing ...
Libor trial: former Barclays bankers were ‘driven by money’
April 6th, 2016
Four of the accused, based in New York, were said to have told two co-conspirators in London whether they wanted the rate to go up or down Five former Barclays bankers accused of conspiring to rig Libor interest rates ...
UBS, HSBC Offshore Dealings Thrust Into Panama Papers Spotlight
April 5th, 2016
Report describes UBS’s dealings with law firm Mossack Fonseca Both banks say they comply with laws for vetting customers UBS Group AG and HSBC Holdings Plc — two of the banks hardest hit amid a U.S. crackdown on customers’ illicit ...
Forex, binary options and online financial scams; AMF joined forces with other bodies to eredicate the problem
April 4th, 2016
The Autorite Des Marches Financiers (AMF) has issued a press release to inform that the AMF, the Paris public prosecutor, consumer affairs watchdog DGCCRF, and prudential authority ACPR joined forces to eradicate the problem with Forex, binary options and ...
Esma Fines DTCC Derivatives Repository Limited €64,000 For Data Access Failures
March 31st, 2016
The European Securities and Markets Authority (ESMA) has fined the trade repository DTCC Derivatives Repository Limited (DDRL) €64,000, and issued a public notice, for negligently failing to put in place systems capable of providing regulators with direct and immediate access to ...
Deutsche Bank agrees to pay $4 mln for trading violations
March 31st, 2016
A Deutsche Bank AG unit will pay more than $4 million to settle allegations that it failed to properly report data on millions of options trades, according to a Financial Industry Regulatory Authority (FINRA) document. The alleged conduct between ...
