Daily Archives: 21/09/2016
CySec announced the Continuance of Suspension and commencement of proceedings for the possible withdrawal of a CIF license authorisation
September 21st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that, following the announcement dated 09.08.2016, the suspension of the authorisation of the Cyprus Investment Firm ‘UBFS Invest powered by Moneychoice Brokers Ltd’ (‘the Company’), with ...
CySec announced law violations by Cyprus Popular Bank Public Co Ltd and fined Members of its Board
September 21st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that the Commission has examined the matter of compliance of Cyprus Popular Bank Public Co Ltd with the Insider Dealing and Market Manipulation (Market Abuse) Law and ...
ASIC discontinues proceedings against two former LM directors
September 21st, 2016
ASIC has discontinued its proceedings against Simon Tickner and Lisa Darcy, former directors of LM Investment Management Ltd (LMIM). In 2014, ASIC commenced civil penalty proceedings in the Federal Court of Australia seeking financial penalties and banning orders following ...
Accounting software maker prepares for IPO
September 21st, 2016
Accounting software maker BlackLine Inc is preparing for an initial public offering that could value it at more than $1 billion, including debt, people familiar with the matter said on Tuesday. An IPO of Los Angeles-based BlackLine, which the ...
Synechron Launches Blockchain Accelerator Program
September 21st, 2016
Amazon has positioned itself to become one of India’s e-commerce leaders. Purse.io, an online marketplace that allows discounts on Amazon by using bitcoin, is helping Amazon achieve its goal by allowing bitcoin users to receive discounts between 15 and 22% using ...
Date set for FIFA corruption probe Trial
September 21st, 2016
Several defendants charged in a wide-ranging corruption case involving soccer’s global governing body FIFA are in talks with U.S. officials about possibly pleading guilty, a U.S. prosecutor said on Monday. Assistant U.S. Attorney Evan Norris spoke at a hearing ...
China Begins To Cut Tariffs For IT Products
September 21st, 2016
China reduced its trade tariffs on 201 information technology (IT) products under the expanded Information Technology Agreement on September 15. The cut to its duty rates follows through with China’s commitments within the expanded Information Technology Agreement (ITA), which ...
Fed expected to keep rates unchanged, may signal year-end hike
September 21st, 2016
The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday amid tepid inflation and recent weak economic data, but could signal an increased likelihood of a hike by the end of the year. The U.S. central ...
Broadridge Acquires Technology to Accelerate Proxy Blockchain Roadmap
September 21st, 2016
Broadridge Financial Solutions, Inc. (NYSE:BR) announced that it has acquired technology assets of Inveshare, Inc. (“Inveshare”). In connection with the transaction, Broadridge has entered into a development agreement to use these technology assets to develop blockchain applications for Broadridge’s ...
Japan Stocks Surge as BOJ Stimulus Tweaks Weaken Yen; Oil Jumps
September 21st, 2016
Dollar gains versus most peers ahead of Fed policy decision European, U.S. equity index futures advance; nickel falls Japanese stocks rallied, leading gains in Asia, as tweaks to the Bank of Japan’s monetary policy weakened the yen and lifted ...
