regulation
India's FDI discussion paper raises mixed feelings among consumers and traders
Tuesday, 04/02/2014 | 16:52 GMT by
FMAdmin Someone
Breaking: Russian Authorities File Criminal Case Against BTC-e and Metabank
Monday, 03/02/2014 | 19:29 GMT by
Ron Finberg
CySEC Warns Brokers: Clients' Tax Avoidance Is a Serious Criminal Offence
- The Cyprus Securities and Exchange Commission explained the legal reasoning behind the criminal definition and listed the steps all regulated companies have to take in order to comply with the law.
Monday, 03/02/2014 | 17:18 GMT by
Avi Mizrahi
ASIC Hands $15,000 Fine to Pershing Securities Australia Over Trade Confirmation Errors
- The Bank of New York Mellon Subsidiary operating the Pershing brand had one of its business lines handed a tiny fine by the Australian Securities and Investment Commission over errors related to ASX trade confirmations.
Monday, 03/02/2014 | 12:04 GMT by
Steven Hatzakis
Mind Your Tweets - SEC Slaps a $100K Penalty on Misleading Social Media Posts
- A New York based celebrity money manager was fined $100,000 by the Securities and Exchange Commission for promoting his fund on Twitter by selectively highlighting past performance of his investment advice.
Sunday, 02/02/2014 | 13:19 GMT by
Avi Mizrahi
FCA Fines State Street UK £22 Million On Hidden Markups and Overcharging Six Clients
- The Financial Conduct Authority's case shows that from June 2010 to September 2011, undisclosed fees and hidden mark-ups totaled $20,169,603, and associated misconduct from this merited a hefty fine to State Street UK.
Friday, 31/01/2014 | 21:36 GMT by
Steven Hatzakis
New Zealand Regulator Adds Extra Layer of Checks for Advisers Selling FX & Futures
- New Zealand's financial regulator has enhanced the licensing procedure for financial advisers promoting regulated financial instruments. Advisers will need to provide additional details to the regulators prior to gaining approval.
Friday, 31/01/2014 | 12:42 GMT by
Adil Siddiqui
ASIC Censures CFD Trader Via Magistrates Court for Market Manipulation
- ASIC has today announced that it intends to pursue criminal proceedings against a New South Wales-based CFD trader for market abuse, with a maximum penalty of $495,000 or 10 years imprisonment.
Thursday, 30/01/2014 | 14:34 GMT by
Andrew Saks McLeod
Alpari US Fined $50,000 by NFA for Insufficient Compliance with Fortress
- Failure to submit complete trade reports to the NFA's Forex Transaction Reporting Execution Surveillance System and failure to maintain required trade records, cost the former US retail broker $50,000.
Thursday, 30/01/2014 | 11:38 GMT by
Avi Mizrahi
Deutsche Bank Chief Questions Decision to Limit FX Fixings, Calls for Fundamental Change
- As the manipulation of benchmark rates causes widespread upheaval in the industry, some banks opted to limit daily forex fixings, prompting Deutsche Bank to label this as an unsustainable solution.
Thursday, 30/01/2014 | 01:20 GMT by
Jeff Patterson
Unlawful Poaching Campaign Draws FCA Ban of Former BGC Senior Executive Anthony Verrier
- The FCA has banned Anthony Verrier, a former senior executive at fx brokerage BGC Partners Inc. from participating in financial services for his misconduct following an abrupt exit from Tullet Prebon.
Thursday, 30/01/2014 | 00:10 GMT by
Jeff Patterson
France's AMF Adds fxntrade.com And Tradmaker.com To Forex Warning List Now 25
- The Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR), warns about 25 unauthorised Forex firms in France, after two new additions were included in its latest advisory.
Wednesday, 29/01/2014 | 20:19 GMT by
Steven Hatzakis
CySEC Asks CIFs for Customer Data as New Risk-Based Supervision in Development
- The Cyprus Securities and Exchange Commission has today requested Cypriot Investment Firms (CIFs) to provide certain customer metrics, as the regulator announces a new risk-based supervisory framework underway.
Wednesday, 29/01/2014 | 18:10 GMT by
Steven Hatzakis
ILQ Cans Hedging as NFA Files Complaint Against Firm for Failure to Co-Operate
- ILQ has issued a notice to its client base removing the 'hedging' facility that it had previously provided, subsequent to a complaint by the NFA which levels allegations at the company's method of operation.
Wednesday, 29/01/2014 | 14:47 GMT by
Andrew Saks McLeod
New York State Mulls "BitLicense" After Major Arrests
Wednesday, 29/01/2014 | 11:35 GMT by
Leon Pick
Largest Nordic Bank SEB Refuses To Accept Bitcoin Amid Risks
Wednesday, 29/01/2014 | 07:48 GMT by
Jeff Patterson
Embattled RBS Drops Several Forex Fixings Services Amidst Investigation
- In the midst of a lingering probe into the manipulation of forex and benchmark rates, the beleaguered Royal Bank of Scotland (RBS) announced today the cessation of orders for a number of currency fixings.
Wednesday, 29/01/2014 | 01:15 GMT by
Jeff Patterson
TeraExchange Links Up With Traiana CreditLink, Bolsters OTC FX, Derivatives Clearing
- TeraExchange, a multi-facetted exchange specializing in CDs, forex, and derivatives announced its partnership with Traiana CreditLink, the comprehensive, real-time platform for pre and post-trade clearing.
Tuesday, 28/01/2014 | 23:07 GMT by
Jeff Patterson
Russia’s Central Bank Bans and Warns About Digital Currencies
Tuesday, 28/01/2014 | 11:34 GMT by
Ron Finberg
South Africa could see online gaming by the end of 2014 according to bill proposal
Monday, 27/01/2014 | 12:13 GMT by
FMAdmin Someone
New Russian customs regulation causes shipping issues
Sunday, 26/01/2014 | 16:22 GMT by
FMAdmin Someone
MAS Licensing Open for RNQFII Program to Invest Offshore-RMB in China's Stock Markets
- Singapore's regulator opens its doors to the Renminbi Qualified Foreign Institutional Investor licensing, allowing members to invest offshore-RMB in China's Securities Markets, under an aggregate RMB 50 billion programme.
Friday, 24/01/2014 | 15:24 GMT by
Steven Hatzakis
Kanto Business Bureau Lifts Business Improvement Order From FXCM Japan
- After a year and a half under a Business Improvement Order, the Kanto Financial Bureau has lifted the Order allowing FXCM's Japanese operation to carry on its business as normal.
Friday, 24/01/2014 | 05:47 GMT by
Andrew Saks McLeod
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}