IFX Payments, a FinTech FX payment firm, has just announced the appointment of Martin Roskott as Non-Executive Director. He brings with him over 30 years of banking experience – he was previously Head of Finance and Brokers at Barclays Bank and spent over 18 years at N M Rothschild where he had responsibility for trading…
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Last week, the Israeli Blockchain Forum hosted a meetup with the Israeli Tax Authority (ITA). CPA Roland Am-Shalem, Senior Deputy Director General at the Authority, participated in the meetup. The deputy head of Israel’s tax bureau has announced that the government is prepared to accept alternatives to the first in, first out (FIFO) system for…
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Financial markets operator Euronext NV (EPA:ENX) has just announced that it has welcomed MedinCell, a pharmaceutical technology company that develops injectable drug delivery solutions, to listing in compartment C of Euronext Paris. Based in Jacou, near Montpellier in southern France, MedinCell is dedicated to achieving significant gains in the efficiency of drug therapies. The two most…
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Spectrum Wealth Adviser, Gurumukh Singh Mehra, has been banned from providing financial services for a period of three years, after ASIC surveillance showed he failed to act in his clients’ best interests, the Australian regulator informed earlier today. Through ASIC’s surveillance of life insurance advice, it was found Mr Mehra had failed to: make reasonable…
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The United Arab Emirates announced its plans to make initial coin offerings legitimate funding options for local businesses. Reuters reported that the new rule is to be introduced some time in 2019, allowing ICOs to "replace" IPOs, if companies decide to do so. The new rule means that ICOs will be equal in "weight" and…
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David Swenson, or as many will call him, the "Warren Buffet of Yale", is the investment guru that has been running the Yale Endowment Fund for over 33 years now. Managing around $30 billion in assets under management, Swenson is famous for his wealth management abilities and his shrewdness when it comes to allocating the…
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Abu Dhabi Securities Exchange (ADX), the region's leading financial market, together with Aldar Properties PJSC (Alda”), has informed the public that it has listed Aldar Investments’ new sukuk, marking the first corporate sukuk ever to be listed on the exchange. The sukuk, which was raised at a profit rate of 4.75% with a 7 year…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Franklin Law Office. Franklin Law Office is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Financial Conduct Authority (FCA) and the Hong Kong Securities and Futures Commission (SFC) have entered into a Memorandum of Understanding on Mutual Recognition of Funds (MoU), which will allow eligible Hong Kong public funds and United Kingdom retail funds to be distributed in each other’s market through a streamlined process. The MoU also establishes…
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ASIC regulated Retail FX broker GO Markets has announced that it now provides the ability to its clients to trade via MetaTrader 5. GO Markets customers have access to the desktop, mobile and web platform versions. The Melbourne based company is one of the pioneers of online trading in Australia providing brokerage services in the…
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