Solo and small firm lawyers can now more easily track and act on key financial performance data, as well as more effectively manage many aspects of their firms with enhancements to Thomson Reuters Firm Central, a cloud-based practice management solution. The new features improve the ability to track performance, bring in new clients, handle invoices,…
Read moreAn ASIC review has found that while registered liquidators are mostly doing the right thing when complying with their lodgement and publication obligations, there is room for improvement. The review looked at around 26,000 insolvency administrations over a 3-year period to June 2017 and tested how registered liquidators complied with their obligations. ASIC found that…
Read moreRSRCHXchange, the marketplace and aggregator for institutional research, has just released headlines from the results of their latest survey on research unbundling which came into effect on January 3rd 2018 across Europe as part of MiFID II. The survey was conducted in Q2 2018 by polling company Survation, who canvassed the views of 418 respondents…
Read moreThe Securities and Exchange Commission (SEC) announced that Merrill Lynch, Pierce, Fenner & Smith Inc. will pay more than $15 million to settle charges that its employees misled customers into overpaying for Residential Mortgage Backed Securities (RMBS). Merrill Lynch agreed to repay more than $10.5 million to its customers and to pay penalties of approximately…
Read moreLeapRate Exclusive… LeapRate has learned via regulatory filings that Hirose Financial UK Ltd., the FCA regulated arm of Japanese retail forex brokerage group Hirose Tusyo Inc (TYO:7185), saw its Revenues tumble 36% in Fiscal 2018 (year ended March 31, 2018) to just £317,000, down from £496,000 last year. That follows a 47% revenue decline last year in…
Read moreBitcoin has taken yet another hit. Its price tumbled below $6,500 in just a matter of days. While in December, 2017, Bitcoin was trading above $19,500 per coin on the largest exchanges in the world, that quickly changed and now, for a second time, the "people's currency" is taking a cut of almost 50% of…
Read moreCoinbase has just added another cryptocurrency under its belt - Ethereum Classic. Since today, users will already be able to trade and store ETC in Coinbase. The interesting thing to note, however, is why Coinbase decided to add that particular cryptocurrency to its products. As CCN noted, ETC is currently well behind in market capitalization…
Read moreAbu Dhabi based financial services firm ADS Securities (ADSS) has announced the appointment of Emmanuel Coulon as its new Head of IT, reporting into CTO Philippe Velay. Mr. Coulon will work out of the ADSS head office in Abu Dhabi with a remit to continue the development of the firms market leading trading applications. Emmanuel…
Read moreGlobal exchange revenues totaled a record $30.7 billion in 2017, increasing by 8.1% as resurgent trading, clearing and settlement revenue supported industry growth according to Burton-Taylor International Consulting (a division of TP ICAP’s Data & Analytics group) in a report published today. London Stock Exchange Group (LSE) and Hong Kong Exchanges and Clearing (HKEX) drive…
Read moreGECKO Governance, the RegTech regulatory solution for financial compliance, has just announced the launch of a new compliance solution, GECKO Crypto1, following approval by the Isle of Man Financial Services Authority. Managing ICO governance and compliance for every jurisdiction, GECKO Crypto1 will offer enhanced levels of transparency and accountability to platform-users within the blockchain industry.…
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