Search Results for: regulators
Bank of Scotland is most complained-about bank, watchdog reveals
August 26th, 2015
More than 20,000 complaints about bank dealt with by financial ombudsman in first half of 2015, with Barclays and Lloyds also prompting many complaints Bank of Scotland, Barclays and Lloyds have been named the three “most complained-about” financial firms so ...
FINRA Fines Charles Schwab & Co., Inc. $2 Million for Net Capital Deficiencies
August 25th, 2015
The Financial Industry Regulatory Authority (FINRA) announced today that it has censured and fined Charles Schwab & Co., Inc. $2 million for net capital deficiencies and for related supervisory failures. The net capital deficiencies occurred on three separate dates ...
Global tech IPO market surges 57% in second quarter
August 25th, 2015
The global technology IPO market continued to exhibit its strength in the second quarter, with 36 IPOs and total proceeds of US$6.2 billion, according to PwC’s Global Technology IPO Review. The number of offerings marked a 57% increase over the ...
U.S. banks moved billions in trades beyond CFTC’s reach
August 24th, 2015
This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in the data,” said Chris ...
FCA warns against unauthorised firm
August 21st, 2015
FCA has issued a warning to inform public against a firm that is not authorised by the Authority but has been targeting people in the UK. This firm is: JC Sterling & Roth Address: 11 Dorset Street, London, W1U ...
TechFinancials’ Trading Update August 2015 ahead of the Group’s Interim Results
August 21st, 2015
TechFinancials has issued a press release to inform about Group’s Trading Update for August 2015 ahead of the Group’s Interim Results for the six months ended 30 June 2015, which are expected to be announced in the second half ...
CySec announces acquisition of CIF (Cyprus Investment Firms) licence
August 20th, 2015
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “TAKIBROKERS LIMITED“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the supervision ...
Greece made a crucial 3.2 billion euro debt repayment
August 20th, 2015
Greece made a crucial 3.2 billion euro debt repayment on Thursday using newly released bailout funds, a government source said, as a senior minister argued for rapid elections following a rebellion in the ruling party. The repayment to the ...
Deloitte, Libra, Accenture: The work of auditors in the age of Bitcoin 2.0 technology
August 20th, 2015
Back in the late 1990s the cryptographer Nick Szabo predicted the paper-era techniques of auditing and accounting would be dramatically augmented by, and eventually integrated into, smart contracts. The last year or two has seen lots of opinion about ...
Brokers in India requested to set a floor to brokerage rates but SEBI has rejected it
August 20th, 2015
Market regulator Securities and Exchange Board of India (Sebi) has rejected brokers’ request to set a floor to brokerage rates. Brokers are worried that cut-throat competition along with the entry of several discount brokerages in the market might be ...
