Eren Eraslan Elevated to Head of Northern Europe of IG

Eren Eraslan, who has been with electronic trading giant IG Group for over five yearsaltogether, has risen to Head of Northern Europe at IG Europe Gm

Barclays Hires Ryan Voegeli as Head of Investment Bankingfor Canada

Mr. Voegeli has twenty years of investment banking experience, and joins Barclays from CIBCCapital Markets where he was Head of Global Diversified lndustries lnvestment Banking. In thisrole he led a highly successful team spanning Toronto, Montreal, Winni

South Korea Proposes Ban on Credit Card Payments for

South Korea\'s Financial Services Commission, the country\'s top financial regulator, onWednesday proposed an amendment to its credit finance act, which aims to effectively prohibitlocal citizens from purchasing cryptocurrencies using credit cards.

DFSA FINES RJO $1.3 MILLION FOR INADEQUATE COMPLIANCE SYSTEMS AND CONTROLS

“Compliance is not an incidental cost of doing business, it is a critical function that must be adequately resourced in terms of both number and quality of staff.”

UK FCA: A YEAR IN REVIEW

“We know at the FCA our role is not just about regulating financial services, it’s about safeguarding futures, supporting innovation and informed risk-taking and maintaining a resilient financial ecosystem.”

SINGAPORE MAS FINES CREDIT SUISSE $3.9M FOR OVERCHARGING IN OTC BOND TRADES

This development underscores the significance of financial institutions implementing stringent controls and transparent practices in pricing, aligning with regulatory requirements to avoid enforcement actions and ensure fair dealings with clients.

HK Regulators Prepare to Accept Spot Crypto ETFApplications

In a joint statement, the Securities and Futures Commission (SFC) and Hong Kong MonetaryAuthority (HKMA) said the virtual asset environment has changed since 2018, when the sFOformulated a "professionalinvestors only" regulatory approach.

Japans Cabinet Proposes Scrapping Corporate Tax onUnrealized Crypto Gains

The Japanese cabinet approved a proposal by the ruling Liberal Democratic party to endtaxation of unrealized cryptocurrency gains in a move that is likely to boost the development ofthe country\\\'s Web3 industry.

Feras Mahmoud Joins Fxview to Head Risk Managementfrom Orbex

Prior to that, he was at Concorde lnvestment Ltd, with roles including Executive Director andHead of Execution. In MultiBank Group, the world\'s leading online financial derivativesbroker, he served as Executive Operations.

UK-Based Digital ldentity Company Yoti Lands f20M in DebtFunding, E12.5M from HSBC

Digital identity company Yoti has received E12.5 million debt funding from HSBC, and a furtherE7.5 million convertible debt funding from existing shareholders. The E20 million funding willsupport the continued growth of the company through to achieving pr

Nigerian Central Bank Lifts Ban on Crypto Trading

Nigeria\'s central bank has lifted a ban on transacting in cryptocurrencies, while saying globatrends had shown a need to regulate such activities, the bank said in its latest circular.

ltalian CONSOB Adds 5 New Unauthorized FinancialWebsites to lts Blacklist, Reaching Threshold of 1,000

The ltalian financial watchdog CONSOB has ordered the black-out of 6 new websites that oferfinancial services illegally, bringing the total number of websites blacked out to 1,000, a historicthreshold, reached in just over four years of commitent.

THE IMPACT OF SURPRISING UK CPI FIGURES AND BOE’S POLICY OUTLOOK

The pound’s recent downturn, fuelled by the release of November’s UK CPI report, has positioned EUR/GBP at the 200-day moving average of 0.8660, while cable retreated to post-FOMC levels, hovering between 1.2600 and 1.2650. This decline was expected, give

YEN’S RESURGENCE, CENTRAL BANK POLICIES, AND ECONOMIC SIGNALS

In the recent trajectory of global financial markets, the yen has exhibited resilience, clawing back lost ground after a substantial sell-off prompted by the Bank of Japan’s latest policy update.

EURUSD PAIR POISED FOR UPSIDE MOVEMENT DESPITE BEARISH TREND FORECAST

In the midst of 2023, the EURUSD currency pair experienced a sustained downtrend lasting until October, indicative of a protracted period of adversity for the euro in its exchange rate against the US dollar.