Search Results for: SEC
GDPR close to one year anniversary; Has lived up to its potential?
May 8th, 2019
The European Union’s General Data Protection Regulation was celebrated as a revolution in how internet privacy could be legislated. It was a reaction to long-term concerns in the EU about information collection by tech giants like Facebook, Alphabet and ...
Europe stocks seen mixed as trade war fears continue
May 8th, 2019
European stocks were seen mixed Wednesday morning as the escalating threat of a trade war between the U.S. and China continues to weigh on major markets. The pan-European STOXX 600 index dropped 0.14% after the bell, with the travel ...
Cyber wars and all that
May 3rd, 2019
Behind the Huawei story, we must not forget there is a wider financial war being waged by America against China and Russia. Stories about China’s banks being short of dollars are incorrect: the shortage is of inward capital ...
ESMA renews decision in relation to contracts for differences
May 3rd, 2019
The European Securities and Markets Authority (ESMA) has issued an announcement to inform about its decision for restrictions in relation to Contracts For Differences (CFDs). In accordance ESMA’s announcement, on 17 April 2019, the ESMA adopted a Decision under ...
Cyprus Investment Firm fined €170.000
May 3rd, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform the public that, the Board of the CySEC at its meeting held on the 2nd of April 2019, decided to impose an administrative fine to a ...
The US Government Debt Crisis
May 2nd, 2019
This article explains why the US Government is ensnared in a debt trap from which there is no escape. Its finances are spiralling out of control. In the context of a rapidly slowing global economy, the budget deficit ...
The Lesson Of Argentina: You Can’t Stabilize A Bankrupt Economy
May 2nd, 2019
So the U.S. puts Republicans (the party of small government) in charge, and gets… trillion dollar deficits as far as the eye can see AND a revival of socialism among Democrats. Scary as this may seem, the real (and ...
Standard Chartered Bank fined for poor AML controls
April 25th, 2019
The Financial Conduct Authority (FCA) has fined Standard Chartered Bank (Standard Chartered) £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. This is the second largest financial penalty for AML controls failings ever imposed ...
Wrong handling of user data may cost up to $5B for Facebook
April 25th, 2019
Facebook said Wednesday it expects to shell out between $3 billion and $5 billion to settle the FTC’s ongoing investigation into its handling of user data, foreshadowing a potentially massive penalty from the nation’s top consumer protection agency. The ...
ISXPay Australian Card Processing Facilities
April 10th, 2019
Highlights ISXPay™ now processing Australian merchants in $AUD, $USD, $GBP, $EUR, $SGD, $HKD Includes best of class multicurrency options to complement CFD, FX & Equity brokers Incorporates full Paydentity® platform, with electronic verification, DVS and our patented payment instrument ...
