Archives
EUR/USD backed by 100-day SMA
March 31st, 2014
Pair’s Outlook Although the support at 1.3733/1.3680 is not letting the sell-off to carry on, EUR/USD at the same time is failing to gain a bullish momentum in order to leave this area. Still, as suggested by the weekly ...
Cuba acts to draw more foreign investors
March 31st, 2014
Few would say Cuba is an easy place to do business, but a new law aimed at bringing pep to an anemic economy may lure more foreign investors. Cuban lawmakers Saturday approved an international investment measure. Vice President Marino ...
Pakistan’s Musharraf charged with high treason
March 31st, 2014
A court in Pakistan has charged former military ruler Pervez Musharraf with treason, the first army chief to face such a prosecution. Mr Musharraf is accused of unlawfully suspending the constitution and instituting emergency rule in 2007. He pleaded ...
CySec: Council Regulation
March 31st, 2014
The Cyprus Securities and Exchange Commission (CySec) informs, the Cyprus Investment Firms, the Management Companies and the Administrative Services Companies (‘the Regulated Entities) about the publication in the Official Journal of the European Union of the Council Implementing Regulation ...
Obligations arising under the Auditors and Statutory Audits
March 28th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority would like to inform that the obligations arising under the Auditors and Statutory Audits of Annual and Consolidated Accounts Law of 2009, Law.42(I)/2009 (the ‘Law’), as amended, for ...
ASIC: Former finance broker pleads guilty to fraud
March 28th, 2014
ASIC has issued an announcement informing the investors the following: A former finance broker has admitted to stealing the identities of former clients so she could buy two cars, sell them to acquaintances and keep the cash from the ...
ASIC bans bankrupt financial adviser
March 28th, 2014
ASIC has banned Victorian-based financial adviser, Mr Allan Burt Vissenjoux, from providing financial services. Mr Vissenjoux, who is an undischarged bankrupt, has been banned from providing financial services until 29 May 2016. The ban expires when Mr Vissenjoux’s bankruptcy ...
ASIC bans former WA accountant
March 28th, 2014
ASIC has permanently banned former accountant, Mr Arden Rodrick Wittensleger, 44, of Menora in Western Australia, from providing financial services and engaging in credit activity. ASIC took action after Mr Wittensleger was found guilty of submitting fraudulent loan applications ...
Google keeps throwing googlies over its market dominance
March 28th, 2014
If Google is found to be again gaming the system with its latest package of reforms, EU sanctions must be brought In June last year, in an article for Comment is free, I drew attention to Google’s efforts to ...
FCA warning for clone company
March 28th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that “RBC Wealth Management/ Royal Bank of Canada Wealth Management” is a clone company. FCA highlights that the following Genuine Firms that fraudsters ...
