Federal Financial Supervisory Authority

MultiBank Group Secures a European CySEC Broker License, Becoming the Most Regulated Financial Derivatives Institution Worldwide With 12 Regulators

Retrieved on: 
Wednesday, July 19, 2023
FMA, VFSC, TFG, ASIC, Cyprus Securities and Exchange Commission, MAS, SCA, Federal Financial Supervisory Authority, MultiBank Group, ECN, FSC, Environment, AUSTRAC, CIMA, Cryptocurrency

"We are immensely proud of obtaining the CySEC license, reflecting our dedication to continuously developing the world's leading regulated financial products and services ecosystem," said Naser Taher, Chairman of MultiBank Group.

Key Points: 
  • "We are immensely proud of obtaining the CySEC license, reflecting our dedication to continuously developing the world's leading regulated financial products and services ecosystem," said Naser Taher, Chairman of MultiBank Group.
  • In addition to the CySEC license, MultiBank Group announced last October it had obtained licenses from SCA of the UAE and MAS of Singapore.
  • With 12 regulators, MultiBank Group ensures a fully regulated and secure trading environment for clients worldwide.
  • From its establishment to this day, MultiBank Group maintains an impeccable regulatory record with over 25 branches worldwide.

MultiBank Group Secures a European CySEC Broker License, Becoming the Most Regulated Financial Derivatives Institution Worldwide With 12 Regulators

Retrieved on: 
Wednesday, July 19, 2023
FMA, VFSC, TFG, ASIC, Cyprus Securities and Exchange Commission, MAS, SCA, Federal Financial Supervisory Authority, MultiBank Group, ECN, FSC, Environment, AUSTRAC, CIMA, Cryptocurrency

"We are immensely proud of obtaining the CySEC license, reflecting our dedication to continuously developing the world's leading regulated financial products and services ecosystem," said Naser Taher, Chairman of MultiBank Group.

Key Points: 
  • "We are immensely proud of obtaining the CySEC license, reflecting our dedication to continuously developing the world's leading regulated financial products and services ecosystem," said Naser Taher, Chairman of MultiBank Group.
  • In addition to the CySEC license, MultiBank Group announced last October it had obtained licenses from SCA of the UAE and MAS of Singapore.
  • With 12 regulators, MultiBank Group ensures a fully regulated and secure trading environment for clients worldwide.
  • From its establishment to this day, MultiBank Group maintains an impeccable regulatory record with over 25 branches worldwide.

MultiBank Group Secures a European CySEC Broker License, Becoming the Most Regulated Financial Derivatives Institution Worldwide With 12 Regulators

Retrieved on: 
Wednesday, July 19, 2023
Professional Services, Technology, Finance, Asset Management, Banking, Digital Cash Management, Digital Assets, FMA, VFSC, TFG, ASIC, Cyprus Securities and Exchange Commission, Multimedia, MAS, SCA, Federal Financial Supervisory Authority, MultiBank Group, ECN, FSC, Environment, AUSTRAC, CIMA, Financial adviser

"We are immensely proud of obtaining the CySEC license, reflecting our dedication to continuously developing the world’s leading regulated financial products and services ecosystem," said Naser Taher, Chairman of MultiBank Group.

Key Points: 
  • "We are immensely proud of obtaining the CySEC license, reflecting our dedication to continuously developing the world’s leading regulated financial products and services ecosystem," said Naser Taher, Chairman of MultiBank Group.
  • In addition to the CySEC license, MultiBank Group announced last October it had obtained licenses from SCA of the UAE and MAS of Singapore.
  • With 12 regulators, MultiBank Group ensures a fully regulated and secure trading environment for clients worldwide.
  • From its establishment to this day, MultiBank Group maintains an impeccable regulatory record with over 25 branches worldwide.

EQS-News: The Social Chain AG: Notice of publication of the Financial Supervisory Authority BaFin regarding the 2021 consolidated financial statements of Social Chain AG

Retrieved on: 
Wednesday, July 12, 2023
Annual, Annual general meeting, Federal Financial Supervisory Authority, Asgaard – German Security Group, Social, International, International Financial Reporting Standards, Annual report, Element, Bank statement, Bookkeeping

The Financial Supervisory Authority BaFin has informed Social Chain AG of two errors in accordance with section 109 (1) sentence 1 of the German Securities Trading Act (WpHG) in the consolidated financial statements for 2021 as part of a spot check.

Key Points: 
  • The Financial Supervisory Authority BaFin has informed Social Chain AG of two errors in accordance with section 109 (1) sentence 1 of the German Securities Trading Act (WpHG) in the consolidated financial statements for 2021 as part of a spot check.
  • Both cases relate to incorrect allocations of transactions within the cashflow statement for the 2021 financial year.
  • The reporting error within the cashflow statement has no impact on the other elements of the financial statements, such as the balance sheet and consolidated income statement.
  • The corrections were already made to the consolidated financial statements of Social Chain AG 2022 in accordance with the requirements of the International Financial Reporting Standards (IFRS) prior to the publication of the BaFin and communicated accordingly in the Annual Report 2022 of Social Chain AG (see link here ) on April 27, 2023.

EQS-News: Bidders connected to XXXLutz Group announce voluntary public delisting offer for remaining home24 shares

Retrieved on: 
Wednesday, June 28, 2023
Financial Oversight and Management Board for Puerto Rico, Federal Financial Supervisory Authority, Orientation, EUR, LSW, Internet, 1969 West German federal election, Security (finance), Cryptocurrency

Wels, 28 June 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have today announced their decision to publish a voluntary public delisting offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") not held by XXXLutz at the time of the Offer.

Key Points: 
  • Wels, 28 June 2023 – RAS Beteiligungs GmbH, LSW GmbH and SGW-Immo-GmbH, three entities connected to XXXLutz Group ("XXXLutz") have today announced their decision to publish a voluntary public delisting offer ("Offer") for all outstanding shares of home24 SE ("home24" or the "Company") not held by XXXLutz at the time of the Offer.
  • Together with connected entities, XXXLutz has secured a stake of approximately 94.65% of the current share capital of home24.
  • XXXLutz will offer the remaining home24 shareholders a cash consideration of EUR 7.50 per home24 share.
  • The planned delisting is expected to have consequences for the home24 share and the remaining shareholders of home24.

EQS-News: Bitcoin Group SE publishes its annual report 2022

Retrieved on: 
Monday, June 26, 2023
Tax, Blockchain Global, Federal Financial Supervisory Authority, EUR, EBITDA, Investment, Annual report, ISIN, SE, Depreciation, PDF, Environment, Cryptocurrency, Bitcoin

Herford, 26 June 2023 – Bitcoin Group SE (ISIN DE000A1TNV91 ) today published its Annual Report 2022.

Key Points: 
  • Herford, 26 June 2023 – Bitcoin Group SE (ISIN DE000A1TNV91 ) today published its Annual Report 2022.
  • Bitcoin Group SE achieved revenues of EUR 8.34 million (IFRS) in the financial year 2022, compared to EUR 25.39 million in the previous year.
  • Against this backdrop, Bitcoin Group SE expects slightly declining revenue and a slightly negative EBITDA in the 2023 financial year.
  • The German Annual Report 2022 is available in German for download as a PDF document on bitcoingroup.com in the publications section.

EQS-News: Varengold Bank AG takes a stand on the current, in part grossly misleading media coverage

Retrieved on: 
Thursday, June 22, 2023
Deutsche Bundesbank, Food, History of German foreign policy, Commercial bank, Federal Financial Supervisory Authority, Varengold Bank, Publication, KWG, Corporation, Bank, Section 44, Judgement of the German Federal Court of Justice on Google's autocomplete function, Cosmetics, Audit

Varengold Bank AG takes a stand on the current, in part grossly misleading media coverage

Key Points: 
  • Varengold Bank AG takes a stand on the current, in part grossly misleading media coverage
    The issuer is solely responsible for the content of this announcement.
  • There is not yet a legally binding result of the audit, but Varengold Bank has immediately taken preventive measures in the affected business division to secure the Bank on its stable foundation.
  • The current situation was not foreseeable for Varengold Bank.
  • The other business units Marketplace Banking and the deposit business (call and fixed-term deposits) of Varengold Bank will continue as usual.

Blackrock and Coinbase available for 24/7 trading on regulated DeFi

Retrieved on: 
Thursday, June 15, 2023
Heart, Treasury, ETF, Swarm behaviour, MicroStrategy, Decentralized finance, Microsoft, Federal Financial Supervisory Authority, Black Rock, NVIDIA, Intel, Apple, Growth, Tesla, Cryptocurrency, Security (finance), Coinbase

BERLIN, June 15, 2023 /PRNewswire/ -- Regulated blockchain platform Swarm today announces seven companies its community selected are live for trading.

Key Points: 
  • BERLIN, June 15, 2023 /PRNewswire/ -- Regulated blockchain platform Swarm today announces seven companies its community selected are live for trading.
  • Following a community vote, seven real-world assets were selected to be tokenized and added to Swarm's decentralized trading platform.
  • The selection includes Blackrock, Coinbase, Coupang, Intel, Microsoft, Microstrategy and NVIDIA.
  • Philipp Pieper, Co-founder of Swarm said: "Swarm is a hybrid between the wild west of crypto and traditional centralized exchanges.

EQS-News: HÖRMANN Industries to issue fourth corporate bond

Retrieved on: 
Thursday, June 15, 2023
AFRICA, CET, WKN, Engineering, Frankfurt Stock Exchange, Commission, Nordic, Tax, Kirchseeon, THIS, Automotive industry, Oslo Stock Exchange, Commission de Surveillance du Secteur Financier, AMERICA, History, CSSF, Gesellschaft mit beschränkter Haftung, EBIT, Federal Financial Supervisory Authority, Prospectus, EBITDA, Deutsch, Communication, ISIN, CFO, Depreciation, Growth, Bookrunner, Security (finance), EUR

Issue volume of EUR 50 million; coupon between 6.5% and 7.5% p. a.

Key Points: 
  • Issue volume of EUR 50 million; coupon between 6.5% and 7.5% p. a.
    Kirchseeon, 14 June 2023 – Technology specialist HÖRMANN Industries GmbH will issue its fourth corporate bond.
  • The new bond will have an issue volume of EUR 50 million, which is to be used to refinance the existing bond 2019/2024 (ISIN: NO0010851728; WKN: A2TSCH).
  • The company will redeem the existing bond 2019/2024 - unless exchanged for the new bond 2023/2028 - at the latest three months after the issue date of the new bond by exercising the existing call option.
  • This also includes corporate bonds, which have proven their worth for over 10 years,” says Johann Schmid-Davis, CFO of HÖRMANN Industries GmbH.

ESMA publishes follow-up report to the peer review on the Guidelines on ETFs and other UCITS issues

Retrieved on: 
Sunday, June 11, 2023
Review, Investment fund, ETF, National, European Securities and Markets Authority, Undertakings for Collective Investment in Transferable Securities Directive 2009, Exchange, DE, EFSA, UCITS, AMF, ESMA, Instrument, Guideline, Stochastic dominance, CSSF, Financial adviser, Property management, EU, Federal Financial Supervisory Authority

ESMA publishes follow-up report to the peer review on the Guidelines on ETFs and other UCITS issues

Key Points: 
  • ESMA publishes follow-up report to the peer review on the Guidelines on ETFs and other UCITS issues
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its follow-up report to the peer review on the Guidelines on ETFs and other UCITS issues.
  • At the same time, ESMA notes that there are still concerns in relation to the level of costs for some UCITS using Efficient Portfolio Management techniques.
  • The report assessed if BaFin (DE), EFSA (EE), and CSSF (LU) improved their practices based on the 2018 peer review findings and recommendations.
  • Next steps
    NCAs are expected to continue monitoring the effective application of the Guidelines and the effectiveness of the supervisory practices implemented taking supervisory action when needed.