Pan-European exchange operator Euronext has announced the results of the annual review of the CAC® family indices. The changes following the review will be effective from Monday 24 September 2018. Results of the Annual Review CAC 40® Index: Inclusion of: Exclusion of: Dassault Systemes Solvay In accordance with section 5 of the rules. CAC® Next…
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Cyprus financial regulator Cyprus Securities and Exchange Commission (CySEC) has made another announcement today regarding the withdrawal of the CIF license of a company called Gobaba FX Cy Ltd. The complete text of the regulator’s decision can be seen below: Announcement date: 13.09.2018 CySEC Decision date: 10.09.2018 Regarding: Gobaba FX Cy Ltd Legislation: The Investment…
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Australian regulator ASIC has today commenced civil penalty proceedings in the Federal Court of Australia against Australia and New Zealand Banking Group Limited (ANZ) for an alleged continuous disclosure breach in relation to a $2.5 billion institutional share placement undertaken by the ANZ in 2015. On 6 August 2015, ANZ issued a release to the…
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Financial services companies are prioritizing collaboration and direct engagement with FinTechs, particularly for payments technology, according to a new report by law firm DLA Piper - Digital Transformation in Financial Services. 61% OF FINANCIAL SERVICES BUSINESSES PLAN TO COLLABORATE WITH FINTECHS TO IMPROVE SERVICES 41% PRIORITIZING INVESTMENT IN PAYMENTS TECHNOLOGY APIs AND OPEN BANKING MOST…
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LeapRate Exclusive... LeapRate has learned that Melbourne based global FX brokerage group Pepperstone has hired Peta Stead as the company’s new Group Head of Compliance and Operations Risk. Peta will be responsible for the leadership of the compliance team and also provide strategic direction for the business within the context of the evolving global regulatory landscape.…
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CoolBitX, the secure crypto hardware wallet manufacturer, has just announced the launch of its CoolWallet S in the United States, encouraging secure crypto storage among mainstream audiences. CoolBitX is also announcing its partnership with the Litecoin Foundation and plans to open a US office in order to expand its American presence. The secure storage pioneer…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Index Limited t/a 4XPremium. 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…
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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 Manaia and Partners. The Financial Markets Authority (FMA) has already issued a warning to the same company earlier this year. Manaia and Partners is not authorised…
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The Disciplinary Committee of Nasdaq Stockholm has found that Oscar Properties Holding AB (“Oscar Properties” or the “Company”) has breached Nasdaq Stockholm’s Rule Book for Issuers (the “Rule Book”) and, accordingly, has imposed a fine on Oscar Properties amounting to two annual fees, corresponding to an amount of SEK 410,000. The Disciplinary Committee has found…
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Block Commodities Limited (NEX: BLCC), the commodity trader operating in Africa, has announced a strategic partnership with Pure Grow Africa Limited (Pure Grow), a supplier of high-quality agricultural produce based in Uganda. Block and Pure Grow will be working together in connection with the first pilot of a food project commodity cycle ecosystem (Pilot Ecosystem…
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