Interview with Benoît Cœuré, ECB
November 10th, 2014
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Theano Theiopoulou (Phileleftheros newspaper) on 9 November 2014 1. Why was banks’ participation in the ECB’s targeted longer-term refinancing operations (TLTROs) lower than expected? There ...
CySec imposes administrative fine of €100.000
November 3rd, 2014
The Cyprus Securities and Exchange Commission (SEC) has issued an announcement to inform investors that, in its meeting held on October 20, 2014, decided to impose a total administrative fine of € 100.000 to Hellenic Bank Public Company Limited ...
Hello Markets Enters Partnership With Bullion Capital
October 31st, 2014
Hello Markets’ collaborates with Bullion Capital and expands the company’s product offering to include online trading in precious metals in forex. Hello Markets, a leading white label software provider for online trading, has announced that it has begun collaboration ...
CySec and FSC warn against LiveFX
October 27th, 2014
The Cyprus Securities and Exchange Commission (CySec) and the FSC Mauritius have recently been made aware that LiveFX is displaying a fraudulent copy of an Investment Dealer, Full Service Dealer (excluding underwriting) Licence portraying the logo FSC Mauritius which is accessible ...
Russia Brain Drain Saps Talent as Sanctions Hit Financing
October 27th, 2014
Artem Kulizhnikov, founder of a startup designed to help musicians annotate music, is packing his bags to leave Moscow in December. His destination: Dubai or Singapore, where he sees a better chance of securing funding for his second company. ...
Laiki and the European Central Bank in the New York Times
October 27th, 2014
The bankruptcy and accumulated debts of the Laiki Bank were a key element of the Cyprus financial crisis. A recent article (“To Restore Confidence in Economy, A Test of Europe’s Bank’s”, October 17) in The New York Times discusses ...
Twenty-four European banks fail financial stress tests
October 27th, 2014
One in five European banks have failed crucial tests of their financial strength, leaving a €25bn (£19.6bn) capital hole in the continent’s banking system at a time of renewed fears that the five-year long eurozone crisis may be flaring ...
Dr. George Theocharides
October 23rd, 2014
George Theocharides is an Associate Professor of Finance at Cyprus International Institute of Management (CIIM) in Nicosia, Cyprus. He is also the Programme Director of the MSc in Financial Services and Certificate in Financial Services. He joined the school ...
CySec: acquisition of Administrative Services Providers (ASP) licence
October 23rd, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec licence to operate as Administrative Services Provider (ASP): RCB Trustees (Cyprus) Limited Crendaro Investments Limited The ...
CySec: Amendment of Directive regarding Certification and public register
October 23rd, 2014
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform all interested parties that the Directive regarding the Certification of employees and the public register (R.A.D. 499/2012) («the Directive») has been amended in regards to the passing grade ...
