Search Results for: Market Abuse Directive
Year 2018 will come with significant changes in the rules for systematic internalisers, MiFID II and MiFIR
May 3rd, 2017
On 3 January 2018, significant changes in the rules for systematic internalisers will enter into force together with the revised Markets in Financial Instruments Directive II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR). While the directly applicable ...
CySec issued a Circular in relation to Whistleblowers
January 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular for persons wishing to report cases of actual or potential infringement of Regulation (EU) No 596/2014 on market abuse– Whistle-blowers. The Subject of the circular is “Procedures for ...
Brexit post-mortem
July 29th, 2016
It is a month after Britain’s surprise vote to leave the EU. A new Conservative Prime Minister and Chancellor are in place, both David Cameron and George Osborne having fallen on their swords. The third man in the losing ...
EU Council adopts new rules on Corporate Tax avoidance
July 15th, 2016
On 12 July 2016, the Council adopted new rules addressing some of the practices most commonly used by large companies to reduce their tax liability. The directive is part of a January 2016 package of Commission proposals to strengthen rules ...
CySec published Consultation Paper regarding the obligations of CIFs when providing information to clients and invites comments and suggestions submission
June 29th, 2016
The Cyprus Securities and Exchange Commission has published a Consultation Paper of the Cyprus Securities and Exchange Commission regarding a proposed circular on the obligations of CIFs (Cyprus Investment Firms) when providing information to clients in relation to services and instruments ...
FCA Research into the issue of de-risking
May 25th, 2016
The Financial Conduct Authority has issued a press release to make publish a research regarding the issue of de-risking. Below is the announcement as published from FCA: The FCA, along with fellow agencies and authorities, has a long-standing programme ...
EU Commission presents Action Plan to strengthen the fight against terrorist financing
February 3rd, 2016
The European Commission is presenting an Action Plan to strengthen the fight against the financing of terrorism. The recent terrorist attacks in the European Union and beyond demonstrate the need for a strong coordinated European response to combatting terrorism. ...
European Commission presents new measures against corporate tax avoidance
January 29th, 2016
European Commission has issued a press release to inform on a proposal for Fair Taxation. As stated, proposals aim for a coordinated EU wide response to corporate tax avoidance, following global standards developed by the OECD last autumn. New ...
A stronger Banking Union: New measures to reinforce deposit protection and further reduce banking risks
November 25th, 2015
Today, the Commission has proposed a euro-area wide insurance scheme for bank deposits and has set out further measures to reduce remaining risks in the banking sector in parallel. The recent crisis has shown that large economic and financial ...
BaFin and the SEC: An international comparison of supervisory practice
November 3rd, 2015
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) is often compared to the U.S. Securities and Exchange Commission (SEC) in the media and by the public. The SEC is frequently perceived as the more powerful authority, in ...
