The London-based ONEm Communications has launched the so called mCoin, a "pseudo-mining" program on the oldest continent. The mCoin is distributed to people through the method of "pseudo-mining", meaning that users can receive the coin if they do something good for the society. For now, the company gives people the coin by making them text…
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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 Easy Cheap Loans. Easy Cheap Loans is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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UK financial regulator the FCA has announced that Michael Nascimento was today sentenced to 11 years’ imprisonment for his role in a share fraud carried out through a series of boiler room companies which led to the loss of more than £2.8 million of investors’ money. He was the controlling mind, instigator and the main…
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Itiviti, the global provider of multi-asset trading technology and financial infrastructure, has announced that independent equities broker Redburn has successfully implemented UL Bridge, Itiviti’s modular and scalable connectivity and order routing platform, together with UL Iris, a comprehensive pre-trade risk management solution. Redburn now has a connectivity solution that augments its Order Management System (OMS) and…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Apollo Management. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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SICO BSC (c), a regional asset manager, broker, market maker and investment bank, has been accredited to provide liquidity and act as market maker for companies listed on Dubai Financial Market (DFM). This will help create more dynamic two-way markets that will enhance the liquidity of companies listed on the exchange and result in benefits…
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London Stock Exchange Group (LSEG) has today welcomed nine new UK companies to its business support and capital raising programme, ELITE. This brings the total number of UK companies in the ELITE community to over 140. Umerah Akram, Head of ELITE UK & Licensing, welcomed the new ELITE CEOs to open trading in London this…
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LeapRate Exclusive... LeapRate has learned that Adam Toro has left his position as CEO and a Director of Amana Financial Services UK Limited, the FCA regulated arm of global Retail FX brokerage group Amana Capital. Adam Toro had been in his position at Amana UK less than a year, joining the company last fall from embattled…
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The Swiss Financial Market Supervisory Authority FINMA has announced that it has concluded two enforcement procedures against Credit Suisse AG (NYSE:CS). In the first procedure, FINMA identified deficiencies in the bank’s adherence to anti-money laundering due diligence obligations in relation to suspected corruption involving the International Federation of Association Football FIFA, the Brazilian oil corporation…
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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 Maplewalk t/a Prime Crypto. Maplewalk is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities…
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