In a statement Binance said, it had appointed former U.S. Treasury criminal investigator Greg Monahan as its global money laundering reporting officer, in an effort to reinvent itself as a regulated financial firm from being one of the world’s largest… Read More ›
In a significant development on Wednesday, Britain’s financial regulator said, it will consult on changes on listing rules for Special Purpose Acquisition Companies (SPACs). Britain’s Financial Conduct Authority said, it will consider introducing a minimum market capitalization and a redemption… Read More ›
On Monday, Danish services provider ISS announced, it has hired Danske Bank’s Jacob Aarup-Andersen, as its new chief executive officer, who will assume office from September 1. Aarup-Andersen, 42, who currently heads Danske’s Danish banking unit will replace incumbent CEO… Read More ›
On Friday, a spokeswoman from Germany’s financial regulator BaFin stated, it is investigating Wirecard’s communication with investors directly ahead of the publication of a critical audit by KPMG. Earlier, BaFin had said, it would include the findings of the KPMG… Read More ›
The ‘Volcker Rule’ was created in the wake of the 2007-2009 financial crisis and barred banks from making profit-seeking trades with customer funds. In a significant development, the Federal Reserve stated, it has approved a final rule which simplifies the… Read More ›
South Korea’s financial regulators have fined Samsung Securities Co for its $105 billion ghost stock error. On Friday, Koo Sung-hoon, Samsung Securities Co’s CEO resigned from his job following the imposition of a 144 million won fine on the company…. Read More ›
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