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CySec announced fines for executive directors

October 19th, 2017 (0)
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform the public that, at its meeting held on 6 February 2017, it reached the decision that Mr. Michel Pierre Salomon Teman, Mr. ...

How to raise funds for health-related spending? Tax salty foods

October 19th, 2017 (0)
Portugal has announced plans to introduce a tax on salty foods to raise funds for health-related spending. Under the measure, foods with a salt concentration of one gram or more per 100 grams of product will be subject to ...

The European Banking Authority issued Opinion on the design of a new prudential framework for investment firms

October 19th, 2017 (0)
The European Banking Authority (EBA) published its Opinion on the design and calibration of a new prudential framework for investment firms, which is specifically tailored to the needs of investment firms’ different business models and inherent risks. The Opinion ...

Is Bitcoin’s price fall of nearly 9 percent a healthy pullback?

October 19th, 2017 (0)
Bitcoin fell Wednesday after indications of greater scrutiny from U.S. regulators. At one point in the day, the digital currency declined by nearly $500, or about 8.7 percent to a low of $5,109.70, before regaining some of the lost ...

Web Shield & iSignthis to deliver unified legal entity & UBO KYC

October 19th, 2017 (0)
Highlights: Web Shield’s Know Your Customer Corporate/Business (KYCB) InvestiGate Platform to feature Know Your Customer (KYC) for individual UBO’s, PSC’s and Directors iSignthis Service to be enabled for all Web Shield customers globally from Nov 2017  Web shield will ...

Oil prices stable; What the analysts see

October 19th, 2017 (0)
Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower U.S. production due to hurricane-enforced closures. Brent crude futures LCOc1 were at $58.10 at 0411 GMT, slightly lower than their ...

Dollar dips into the red, as euro climbs higher

October 19th, 2017 (0)
The U.S. dollar dipped into negative territory against its major rivals Wednesday, eclipsing gains from earlier in the session and snapping a four-day winning streak. Where currencies are trading The ICE U.S. Dollar Index DXY, -0.03% which gauges the ...

U.S. financial regulator releases Primer on Virtual Currencies

October 18th, 2017 (0)
The Commodity Futures Trading Commission’s LabCFTC released, “A CFTC Primer on Virtual Currencies.” This primer is the first of a series that LabCFTC will release to provide fundamental, and essential, information about financial technology (FinTech) innovation. “LabCFTC believes that ...

FMA allows personalised robo-advice

October 18th, 2017 (0)
The Financial Markets Authority (FMA), a regulatory authority for financial services in New Zealand, has issued an announcement to inform that has decided to grant an exemption to enable personalised robo-advice and is publishing the responses to its earlier ...

Former top Executives of one of the world’s largest metals and mining corporations charged with fraud

October 18th, 2017 (0)
The Securities and Exchange Commission charged mining company Rio Tinto and two former top executives with fraud for inflating the value of coal assets acquired for $3.7 billion and sold a few years later for $50 million. The SEC’s ...
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