Search Results for: EC
UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
January 26th, 2024
KEY POINTS Data from industry body Innovate Finance shows that global investment in fintechs sank to $51.2 billion in 2023, down 48% from 2022. Despite that, the UAE saw total investment soar 92%, thanks in part to more fintech-friendly ...
New IBA report examines fintech regulation across 39 jurisdictions
April 21st, 2023
The International Bar Association banking law committee has published a report entitled ‘Fintech: how is the world shaping the financial innovation industry?’ The report compares the fintech regulatory frameworks of 39 jurisdictions across North and South America, Africa, Asia ...
Cyprus government mulling reduced VAT for basic necessities
April 21st, 2023
It is unclear how effective government machinations to reduce the VAT on necessary goods will be, following reports on Wednesday that authorities are looking to completely axe tax on items like bread, milk, and baby food. Commenting on the ...
CySEC reached a settlement agreement with a Cyprus Investment Firm
October 12th, 2022
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement on 7 October 2022 to inform that: CySEC, under article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, may reach a settlement agreement regarding any ...
Who can be designated as a data protection officer and his tasks
July 26th, 2022
The processing of huge amount or personal data by companies is among the results of the digitization in the business environment in today’s world. As organisations process a huge amount of personal data, the need for a Data Protection ...
CySEC announced settlement with a Cyprus Investment Firm
July 26th, 2022
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform that it has reached a settlement with a Cyprus Investment Firm regarding possible breach of legislation. According with the the announcement, CySEC, under article 37(4) of ...
New cTrader Desktop 4.3 version adds Valuable Technical Analysis Additions
July 5th, 2022
Spotware has announced the release of its cTrader Desktop 4.3 version, packed with a wide variety of technical analysis tools for the trader, including new chart types and trading convenience enhancements! With the new version, cTrader Desktop now also ...
LUNA purchase helps Bitcoin recovery
April 14th, 2022
Bitcoin regains as LUNA Foundation Guard adds another $100 million BTC to its wallet. Key Highlights BTC has risen above $40,000 after LUNA Foundation Guard bought over $100 million Bitcoin. The rise in US tech stocks is also supportive ...
Poland blocks EU directive to implement global corporate tax deal
April 14th, 2022
Poland vetoed on Tuesday (5 April) a compromise proposal for an EU directive that would implement the internationally agreed 15% minimum effective taxation rate for large multinationals. With its veto, the Polish government frustrated the French EU Presidency’s goal ...
European stocks steady as focus turns to ECB decision, earnings
April 14th, 2022
European stocks were little changed as investors focused on the corporate earnings season as well as the European Central Bank’s meeting for cues on the path of monetary policy. The Stoxx Europe 600 Index was up less than 0.1% ...
