TechFinancials is considering legal action against its former JV partner IBID for violating the joint venture agreement.
Read moreToday, Barchart, a leading provider of financial market data and technology, has announced a partnership with MarketXLS, a downloadable Microsoft Excel add-in that helps investors boost their productivity while researching stocks and other financial instruments. MarketXLS provides an add-in that turns Excel into a powerful investing research tool. Barchart’s partnership with MarketXLS allows its users…
Read moreIS Prime Limited has announced that Robert Buxton has joined the company where he will focus on driving the agency execution business. Robert has 8 years of experience gained within a sales environment at Bloomberg. Latterly he was focused on e-FX Sales to a broad range of clients predominantly across EMEA. Jonathan Brewer, Managing Partner at IS…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) today announced an award of approximately $50,000 to a whistleblower who voluntarily provided key original information that led to a successful CFTC enforcement action. The award is the fourth award made by the CFTC’s Whistleblower Program to a whistleblower who provided valuable information about violations of the Commodity…
Read moreThe Cyprus Securities and Exchange Commission announced today that on 11th July 2016, the CIF U.P.M. Ltd, which provided investment services via the domain www.upmltd.eu, renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force (the ‘Law’). Therefore, the authorization with Νumber 084/07…
Read moreFinancial technology solutions provider NextAngles today announced the launch of its flagship compliance solutions for financial institutions grappling with increasing regulatory and market pressures. The solutions suite includes: Anti-Money Laundering (AML) Alert Investigation, Trade-Based Money Laundering (TBML) Alert Generation and Investigation, Know Your Customer (KYC), Financial Crimes Investigation, and Liquidity Risk Management. Developed by industry…
Read moreDTCC-Euroclear GlobalCollateral Ltd, a joint venture (JV) of Euroclear and The Depository Trust & Clearing Corporation (DTCC), has announced that financial services company Northern Trust will implement GlobalCollateral’s Settlement Messaging Service. The adoption of the service will streamline Northern Trust’s margin call process, increase transparency through automated collateral settlement tracking, enhance client service and improve…
Read moreMore to come from ASIC today. The Australian regulator has cancelled the Australian financial services (AFS) licence of Sydney-based Edwards Benefits Advisors Pty Ltd (Edwards Benefits) for failing to comply with a number of key obligations as a financial services licensee. In particular, ASIC found that Edwards Benefits: • failed to lodge financial statements, auditors…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against Passion Finance loan firm, operating from website www.passionfinance.co.uk showing address 27 Cambridge Park, London, E11 2PU, 8 Hayes Grove, Birmingham, West Midlands, B24 0HR and 28-29 Haymarket London…
Read moreThe European Securities and Markets Authority (ESMA) has issued today final implementing technical standards (ITS) regarding sanctions and measures which will implement the Market Abuse Regulation (MAR). The ITS prescribe how national competent authorities (NCAs) should notify ESMA annually of the investigations they conduct and the sanctions and measures imposed in their Member States under…
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