FMA censures derivatives issuer Firma over ‘persistent’ breaches – RNZ
The Financial Markets Authority (FMA) has put the derivatives issuer, Firma Foreign Exchange Corporation NZ, on notice for failing to meet basic regulatory requirements. Photo: 123RF The authority found that the company did not carry out checks to see if derivatives were suitable products for its customers, repeatedly failed to hold minimum levels of financial […]
New Zealand Financial Markets Authority Censures Firma NZ For Breaches To Derivatives Issuer Licence Obligations – Exchange News Direct
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has censured Firma Foreign Exchange Corporation (NZ) Limited after finding it had materially contravened a number of its obligations as a licensed derivatives issuer (DI). Through its ongoing monitoring of the DI sector, the FMA was satisfied that Firma NZ materially contravened its licence […]
Meet the 100 Most Influential Women in European Finance – Financial News
The 15th consecutive annual list of the 100 Most Influential Women in European Finance comes at a time of change for the City, as things slowly return to normal following the pandemic. Despite the pressures of the past year, there have been some notable promotions for some of the women on this year’s list and […]
Egypt begins IPO of state payments firm e-finance – Reuters
CAIRO, Oct 10 (Reuters) – Egyptian state-controlled payments firm e-finance for Digital and Financial Investments began an initial public offering (IPO) for retail investors on Sunday, an official from one of the banks acting as managers of the offering said. A separate tranche for institutional investors that began on Wednesday will close on Monday, with […]
How much do I need to retire? Top financial advisors weigh in – CNBC
There are a few simple rules of thumb, such as saving 10 times your income by retirement age, although experts recommend using a retirement calculator to get a more accurate picture of your retirement number. Still, the old rules may no longer apply. “There’s not necessarily a one-size-fits-all solution,” said Christopher Schreiner, a certified financial planner and chief […]
BLHS earns Gold Standard for Financial Literacy – Bellefontaine Examiner
Next Gen Personal Finance, a non-profit with a mission to ensure every high school student in America takes a personal finance course by the year 2030, has recognized Benjamin Logan High School with its Gold Standard School award. Montana State University researchers teamed up with NGPF to evaluate thousands of high school course catalogs and […]
Binance shuts down derivatives trading in South Africa – The Block Crypto
advertisement Global crypto exchange Binance is cutting down its crypto trading offerings in South Africa. On October 8, Binance published a blog post announcing the immediate end to futures, options, margin and leveraged trading for users in South Africa. Users with open positions will have until January 6 to close them. On the firm’s local […]
Binance Cuts Derivatives in South Africa – Crypto Briefing
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Productfy raises $16M to build the ‘Shopify of embedded finance’ – TechCrunch
Productfy Inc., a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. Existing backers Point72 Ventures, 500 Startups and Envestnet | Yodlee also participated in the financing, which brings its total raised since its 2018 inception to nearly […]
Productfy raises $16M to build the ‘Shopify of embedded finance’ – Yahoo Tech
Productfy Inc., a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. Existing backers Point72 Ventures, 500 Startups and Envestnet | Yodlee also participated in the financing, which brings its total raised since its 2018 inception to nearly […]
