According to Deutsche Börse AG’s preliminary report, Q4 2018 revenues grew by 16% to reach €740 million, while net profits rose by 19% YoY during the same quarter. Net revenues for the full year expanded by 13% to come in at €2.8 billion, while adjusted full year 2018 profits were up 17% to hit €1.0…
Read more
The US Securities and Exchange Commission (SEC) yesterday opened insider trading charges against a former senior Apple Inc.(NASDAQ:AAPL) attorney named Gene Daniel Levoff. According to SEC charges, Levoff was responsible for implementing Apple’s insider trading compliance measures when he used his position to buy Apple shares before quarterly earnings releases. Levoff served as Apple’s company…
Read more
Vienna Stock Exchange AG (Wiener Börse AG) has been officially designated as a registered benchmark administrator becoming the first European Stock Exchange to achieve this coveted status. A benchmark administrator is a term that refers to a natural person or legal entity that has been granted control over an index. Such an entity can make…
Read more
A new report titled Early Lessons on Regulatory Innovations to Enable Inclusive Fintech indicates that regulatory sandboxes are not the sole vehicle that can be used by regulatory authorities to encourage financial inclusion, and that there are other tools such as innovation offices that could achieve the same results/goal. The report was commissioned by the United Nations Secretary…
Read more
Oslo Børs VPS Holding ASA today released its Q4 2018 financial results indicating profit of NOK 77 million for the period, but said that it would not pay another dividend for the 2018 fiscal year. The company earned revenues of NOK 268 million during the quarter, which was higher than the Q4 2017 profits by…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Frontier Markets. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
Read more
A former FX Options and futures trader at Deutsche Bank’s Sydney branch, Andrew Donaldson, was today sentenced to 18 months in prison by the Sydney District Court for fabricating trade entries within the bank’s internal documents and systems, Australian regulator ASIC stated earlier today. Donaldson, who now resides in New Zealand, pleaded guilty to the…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm European Capital Markets Ltd. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their…
Read more
UK 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 the company Miller Davis & Partners. Miller Davis & Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying…
Read more
Byte Power Group Limited, which is listed on the Australian Stock Exchange (ASX) today paid a fine of $33,000 after the Australian regulator ASIC issued the company with an infringement notice citing its failure to abide by its official continuous disclosure contract. Byte Power is a company with diverse interests within the food and wine…
Read more