Regulation

FINMA Undergoes Bankruptcy Proceedings against Beleaguered Espirito Santo

0 Comments

The Swiss Financial Market Supervisory Authority (FINMA) has instigated formal bankruptcy proceedings against Banque Privée Espírito Santo SA, following evaluations that the bank has been over-indebted.
Read more

TAGS: , , , , , ,

FSB Publishes OTC Feasibility Study, Number of Trade Repositories Rises to 25

0 Comments

The Financial Stability Board (FSB) has published a new feasibility study on the aggregation of OTC derivatives trade repository data, which reiterates previously agreed upon commitments from G20 leaders. Back in 2009, G20 leaders collectively agreed that over-the-counter (OTC) derivatives …
Read more

TAGS: , , , , , ,

OSC Changes Course, Proposes Fee Structure Reversal for Dealers & Fund Managers

0 Comments

The Ontario Securities Commission (OSC) has proposed a series of changes that if passed, will overtly change fee structures based on current market conditions in Canada for dealers and fund managers.
Read more

TAGS: , , , ,

Kenya’s Financial Landscape to Get Knowledge Boost

0 Comments

Financial services professionals in East Africa’s largest economy, Kenya, will benefit from enhancements in their product and markets knowledge. The country’s regulator has signed an MOU with the UK’s CISI.
Read more

Global FX Market Regulation – a Big Dream That Requires Even Bigger Ambition | Part 2

2 Comments

In the second part of our article looking at FX regulation, we analyze the current status of global FX market regulation and what the implications are for various market participants.
Read more

TAGS: , , , ,

ASIC Signs Memorandum of Understanding as OTC Market Reforms Loom

0 Comments

Australia’s financial market regulator has announced the signing of a Memorandum of Understanding with Singapore’s Monetary Authority as Asia’s regulatory agencies circle the wagons in preparation for potential G20 reforms
Read more

TAGS: , , , , ,

Hedge Fund SAC Capital Guilty of Insider Trading – Loses Fund Management License

0 Comments

Leading hedge fund found guilty of insider trading in 2013 has license revoked by the CFTC. SAC Capital has paid $1.2 billion in fines and will no longer be offering fund management services.
Read more

TAGS: , , , ,

SafeCharge Expands into Electronic Money, Gets Authorized by the Central Bank of Cyprus

0 Comments

The company’s wholly owned subsidiary SafeCharge Limited has received the authorization under the European Parliament’s 2009 directive applying to payment service providers which issue electronic money in the EU.
Read more

TAGS: , , , , , , , , ,

FCA Warns against yet Another Clone Company Using the Details of a Natixis Subsidiary

0 Comments

UK’s regulatory body has issued a warning on its website against a fraudster using the details of EEA Authorized company Dupont Denant Contrepartie S.A, a subsidiary of French investment bank Natixis Securities.
Read more

TAGS: , , , , ,

Morgan Stanley Settles to Pay $280,000 to CFTC, Relating to Faults in KYC Procedures

0 Comments

The regulator also established failures relating to enforcement of imposed trading limits, lack of timely and accurate response to a CFTC document request, and failure to maintain adequate customer records.
Read more

TAGS: , , , , , , , , , , , , ,

Note: Copyright © 2014 Forex Magnates. All rights reserved.

All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Forex Magnates. You may not alter or remove any trademark, copyright or other notice from copies of the content. All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at Forex Magnates are those of the individual authors and do not necessarily represent the opinion of Forex Magnates or its management. Forex Magnates has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by Forex Magnates, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. Forex Magnates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2014 "Forex Magnates Inc. - Home of the Forex Elite" All Rights Reserved.