Six Institutions Fined By CFTC For Swap-Dealer Rules Violations
The Commodity Futures Trading Commission (CFTC) has just fined some of the biggest financial institutions around the world over their reported failures. The six institutions who have been slapped with fines are HSBC Bank USA, N.A., The Northern Trust Company,
Read MoreFCA To Make Changes After Woodford Investment Disaster
The Financial Conduct Authority (FCA) which is the UK financial watchdog is considering putting more restrictions on how funds can be invested into companies not listed on stock exchanges. This stems from the recent suspension of the Woodford Equity Income
Read MoreKey Tips Investors Can Use To Survive A Financial Recession
The global economy is on shaky ground as political tensions, trade wars and inflation continue to pose a threat to just about every country around the world. While the average investor cannot do much to control any of the above
Read MoreSwitzerland’s Loss Of EU Access Rights Causes Trading Costs To Increase
Though Switzerland is technically in the European Union (EU), the country is banned from trading many shares in the bloc because of negotiation breakdowns back in July 2019. This has limited traders who want to work with the EU stock
Read MoreLondon Leading The Fintech Race Surpassing The US
Though the UK is still in the middle of its Brexit-fueled chaos, London is still able to deliver when it comes to financial investments. London & Partners and Innovate Finance carried out research which showed that London has overtaken New
Read MoreChina’s Removal of QFII & RQFII Caps Will Not Impact FX Market
Foreign investors who wanted to pump money into China were earlier limited by the qualified foreign institutional investors (QFII) scheme and the renminbi qualified foreign institutional investor (RQFII) program. These two restrictions turned out to be a big hurdle in
Read MoreJapan’s LINE Launches Crypto Exchange With 5 Currencies
If there is anything that encourages people to use cryptocurrencies, it is being able to access it more easily. With the opening of Line’s new BitMax crypto exchange, there is a bigger chance for cryptocurrencies to be accepted more freely
Read MoreBCC Say Britain Facing Prolonged Investment Slump
The world economic slowdown and the US-China trade war has resulted in rocky economic weather for the UK. It does not help that the UK is also facing the danger of Brexit amidst political tensions. The result is that the
Read MoreFrance To Block Facebook From Launching Libra In Europe
When Facebook announced that it was going to be pushing its Libra cryptocurrency, governments across the world put Libra under immense scrutiny. Libra has faced opposition in a number of countries and the latest country to oppose Libra is France.
Read MoreBEAC Issues Tougher FX Rules To Curb Money Laundering
The Banque des États de l’Afrique Centrale (BEAC) has been in a crisis state now when it comes to forex and money laundering. The BEAC recently issued new rules to control both these activities but the new laws have upset
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