Category: Rules
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Christmas food supplies at risk as new eu border rules threaten chaos, logistics leaders warn
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Christmas food deliveries in the UK are at risk as new EU border checks could disrupt the flow of fresh goods, the UK’s logistics body has warned. The trade group is sounding the alarm over the EU’s upcoming Entry and Exit System (EES), due to launch on November 10, which…
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Fed IG said Atlanta Fed Pres. Bostick violated Fed rules on trading
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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EU lawmakers push for new ‘dynamic pricing’ rules after Oasis fans complain By Reuters
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By Martin Coulter LONDON (Reuters) – European Union lawmakers are backing calls for new rules on the use of “dynamic pricing” when selling goods online after fans of Oasis complained about hugely inflated ticket prices for a series of sold-out concerts by the British band. Last month, thousands of fans…
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Kraken criticizes Australia’s ‘uncertain’ crypto rules after court ruling
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Kraken is calling for clearer cryptocurrency regulations in Australia after the Federal Court ruled that part of its margin rollover product violated local laws. Cryptocurrency exchange Kraken is arguing for clearer crypto regulations in Australia after the Federal Court ruled that its margin trading product violates local laws. On September…
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Santander tightens hybrid working rules, urging staff back to the office
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Santander has tightened its hybrid working policy, instructing its UK office staff to work the equivalent of three days a week in its offices. In a recent update to its 10,000 employees, the Spanish-owned bank announced that its current policy of allowing employees to work two days a week at…
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Why Kenya needs robust Shariah governance rules
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Kenya has achieved a significant milestone in Islamic finance by issuing the first Sukuk in East and Central Africa. The listing of Linzi Finco Sukuk on the Nairobi Stock Exchange’s over-the-counter securities platform two weeks ago was aimed at raising funds that would be used to develop affordable housing projects…
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Rural councils compelled to approve more wind and solar farms under new planning rules
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Rural councils across England will be required to approve a significant increase in wind and solar farms under a new set of planning rules introduced by Housing Secretary Angela Rayner. The changes, outlined in draft planning documents from the Ministry of Housing, Communities and Local Government, aim to accelerate the…
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Navigating The Bitcoin Bear: Analyst Outlines Most Objective Rules For BTC
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As negative sentiment continues to weigh heavily on the market, BitcoinPopular crypto analyst and enthusiast Stockmoney Lizards has weighed in on this pessimistic outlook, offering key targets to watch out for in these turbulent times. These proposals aim to restore investor resilience and focus despite the growing uncertainty due to…
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Navigating The Bitcoin Bear: Analyst Outlines Most Objective Rules For BTC
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As negative sentiment continues to weigh heavily on the market, BitcoinPopular crypto analyst and enthusiast Stockmoney Lizards has weighed in on this pessimistic outlook, offering key targets to watch out for in these turbulent times. These proposals aim to restore investor resilience and focus despite the growing uncertainty due to…
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Dollar edges higher,yen falls after BOJ rules out another rate hike, for now By Investing.com
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Investing.com – The U.S. dollar rose slightly on Wednesday, while the Japanese yen fell after the Bank of Japan tried to calm troubled waters by signaling it would not raise interest rates again while markets remain volatile. At 04:25 ET (09:25 GMT), the dollar index, which tracks the greenback against…
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Fannie Mae, Freddie Mac set to tighten real-estate lending rules, WSJ reports By Reuters
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(Reuters) – Mortgage finance companies Fannie Mae and Freddie Mac plan to impose tougher rules on lenders and commercial real estate brokers in the wake of an emerging regulatory crackdown on fraud in the multitrillion-dollar market, the Wall Street Journal reported on Monday. Lenders will have to independently verify financial…
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Trouble for China hedge funds? Reuters: Brace for upheaval from tough new rules
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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CMA fines auditor, company directors over Sh8m for breach of trading rules
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The Capital Markets Authority has fined several directors of listed companies including the auditor over Sh8 million for breaching trading rules in the financial year ending June 30, 2023, new disclosures have revealed. While the authority did not disclose the companies or individuals affected by the sanctions, it said that…
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U.S. court rules against Booking.com in Ryanair screen-scraping case By Reuters
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DUBLIN (Reuters) – A U.S. court has ruled that Booking.com violated the Computer Fraud and Abuse Act by accessing part of Ryanair’s website without permission, court documents showed. The Irish airline, Europe’s largest by passenger numbers, said the ruling would help end unauthorised manipulation of passenger data by booking sites.…
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CBK fines 12 banks for breach of lending, investment rules
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Kenya’s central bank fined 12 commercial banks last year for breaching rules on lending, capital adequacy and investment, new disclosures show. While the Central Bank did not disclose the affected institutions and the size of the fines, it said that “the Central Bank took appropriate corrective measures regarding the concerned…
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No Bail For Tornado Cash Dev Alexey Pertsev, Dutch Court Rules
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The ongoing legal dispute over the Tornado Cash cryptocurrency mixer has put the blockchain sector on alert as developers consider the troubling consequences of assigning programmers responsibility for the use of their software by others. Pertsev’s Dilemma At the center of the storm is Alexei Pertsev, a 31-year-old Russian developer…
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US court temporarily puts net neutrality rules reinstatement on hold By Reuters
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By David Shepardson WASHINGTON (Reuters) – A U.S. appeals court said on Friday it has temporarily halted the Federal Communications Commission’s reinstatement of landmark net neutrality rules until Aug. 5 while it considers legal challenges from the broadband industry. The Federal Communications Commission voted in April along party lines to…
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Nigerian Crypto Boom Resurrected? SEC Embraces Innovation With New Rules
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Nigeria’s previously frosty relationship with cryptocurrencies appears to be entering a phase of cautious thawing. Imomotimi AgamaDirector-General of the Nigerian Securities and Exchange Commission (SEC), recently made comments indicating a move away from the government’s hardline stance against digital assets. This comes after months of regulatory struggle that has seen…