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Tag Archives: financial conduct authority

Warum London zu den führenden Finanzzentren der Welt gehört

London, oft als das Herz des globalen Finanzwesens bezeichnet, hat sich über Jahrzehnte hinweg als einer der führenden Finanzplätze der Welt etabliert. Die Stadt vereint historische Bedeutung mit modernster Infrastruktur und bleibt trotz zahlreicher Herausforderungen ein Magnet für Finanzdienstleister und Investoren. Doch was macht den Finanzplatz London so herausragend? 1. Historische Bedeutung und Entwicklung Die Geschichte Londons als Finanzzentrum reicht weit zurück. Schon im 17....

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Bitcoin Price Rebounds 3% as Stocks Get Jolt from Fed, BOJ

Bitcoin (BTC) price rebounds after central banks of several countries announced their support to markets and promised to provide the help needed to protect the global economy.Seems that after suffering losses, markets have started recovering. A prime example of this recovery is Bitcoin that reached 3.2% in daily gains on March 2. Still being down from earlier highs of $8,900, Bitcoin is trading at $8,797.68 at the moment of writing. Notably, Bitcoin price rebounds after the last week’s 14...

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FCA Orders ePayments to Suspend Its Operations Until AML Regulations Are Met

ePayments Systems Ltd had to suspend online payment operations after the Financial Conduct Authority (FCA) order due to AML concerns.The Financial Conduct Authority (FCA) has ordered ePayments Systems Ltd to suspend all its operations based on a lapse in its anti-money laundering set procedures. This action will see thousands of registered account holders with the electronic money institution frozen and not able to transact until it meets the set standards by FCA.The news was conveyed through...

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Europe, Led by France, Set to Block Facebook’s Libra

It seems that France decided to go rigorous on Facebook’s Libra by entirely blocking the development of it. When Facebook announced their Libra project in June this year, they called it a “global currency and financial infrastructure powered by a version of blockchain – the technology that underpins Bitcoin”.However, a lot of governments were really against even the idea and France was the harshest of them all. French Finance Minister Bruno Le Maire then called out on Libra saying it...

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