Archives
The European Securities and Markets Authority released advice on Crypto assets
January 9th, 2019
The European Securities and Markets Authority (ESMA) today publishes its Advice (Advice) to the European Union (EU) Institutions – Commission, Council and Parliament – on initial coin offerings and crypto-assets. The Advice clarifies the existing EU rules applicable to ...
Alert: CySEC warns for BDSwiss clone firms
January 9th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to inform investors that the websites capitalswissfx.com and expertfxtrade.com, do not belong to an entity which has been granted an authorization for the provision of investment services and/or the ...
Spotware Releases cTrader Open API 2.0
January 8th, 2019
Spotware, an award-winning financial technology provider, has announced the release of cTrader Open API 2.0, the new Open API of its flagship Forex and CFD trading platform, cTrader. Open API enables third-party service providers to develop applications using the ...
Europe bets on bug bounties in fraud fight
January 8th, 2019
The European Commission (EC) is beginning the new year with a major commitment to fight fraud – and is turning to the world of white hat hackers to help them do it, reports David Penn at Finovate. The EC ...
ESAs released a report on innovation facilitators established within the EU
January 8th, 2019
The European Supervisory Authorities (ESAs) published a joint report on innovation facilitators (regulatory sandboxes and innovation hubs). The report sets out a comparative analysis of the innovation facilitators established to date within the EU. The ESAs also set out ...
Latam currencies mixed; The dollar weakened
January 8th, 2019
Latin American currencies were mixed against a soft dollar on Monday, while stocks barring Brazil’s Bovespa rose, on a day when global equities were buoyed on optimism over the resumption of U.S.-China trade talks. The dollar weakened, pressured by ...
Bitcoin price breaks $4K; Market capitalization rose to $70.73 billion
January 7th, 2019
The price of bitcoin, the world’s largest cryptocurrency by market capitalization, jumped 6.5 percent Sunday to rise back above $4,000, its highest point in two weeks. CoinDesk data shows bitcoin’s (BTC) price spiked $262 on Monday at 17:10 UTC ...
EU VAT changes on vouchers became effective
January 7th, 2019
Significant changes to the way that businesses should account for value-added tax on vouchers became effective on January 1, 2019. The overhaul to the rules is intended to simplify the tax treatment of vouchers, especially where they can either ...
Partner of a global law practice found dead after inappropriate behaviour allegation
January 7th, 2019
The retail finance partner’s body was found a day after being accused of inappropriate behaviour at a Christmas party. An Eversheds Sutherland partner has been found dead after being accused of inappropriate behaviour towards two female colleagues at the ...
BaFin Germany plans renewed national restriction on CFDs for retail investors
January 7th, 2019
After preparing for the expiry of the product intervention measure imposed by the European Securities and Markets Authority (ESMA) with regard to binary options, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) is now doing the same ...