600,000 electronic payments have disappeared overnight as a result of a technical glitch within RBS systems, affecting NatWest, Ulster Bank, RBS and Coutts customers
Read moreThe U.S. Commodity Futures Trading Commission’s (Commission) Division of Market Oversight (Division) today issued a no-action letter extending the time-limited relief previously provided in no-action letter 14-90, expiring on June 30, 2015, to June 30, 2016. The relief is provided to Swap Dealers (SDs) and Major Swap Participants (MSPs) from the obligation to report valuation data…
Read moreBritish financial markets regulator, the FCA, has appointed Hong Kong Securities and Futures Commission executive Mark Steward as Director of Market Oversight, and Santander Managing Director Barbara Frohn as Director of Risk and Compliance Oversight
Read moreBitLicense is the first comprehensive framework for regulating digital currency firms within the United States. Read about the final proposed legislation and also the reaction of a major New York bitcoin broker and exchange CEO's thoughts on the matter.
Read moreLeapRate has been provided with a letter to a Plus500 customer, explaining that his trading account which was originally opened and operated by the firm's London based, FCA regulated operations, has been transferred to Plus500's CySec regulated operations in Limassol, Cyprus
Read moreThe combined penalties issued to Barclays and Deutsche Bank, at £511 million, make up the lion’s share of the £696.6 million total for the year to date, representing nearly half of the £1.4 billion reaped last year, however the FCA considers it very unlikely that it will be able to match that in the second half of the year
Read moreSo far this year the FMA has removed 23 entities from the register. The FMA has also taken action to prevent a further 20 firms from completing registration on the FSPR, following on from the 226 firms which New Zealand's authorities removed in its inaugural stages three years ago
Read moreThe Cypriot financial regulator fined the binary options broker for violating the Investment Services and Activities and Regulated Markets Law, with the list of transgressions again including suspicious business ties.
Read moreAustralia's companies register, currently administered by ASIC, could be sold off to a private entity, echoing Britain's transition of Companies House to a self-funding organization, raising concerns from top academics regarding oversight
Read moreASIC states that ICAP Futures Australia executed trades with the intent to exclude other participants or their representatives on two separate occasions and failed to make an enquiry through the message facility and wait the prescribed period prior to executing trades
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