fma warning
September 19, 2018 BY Valentina Kirilova

MAS warns against fraudulent website soliciting Bitcoin investments

The Monetary Authority of Singapore (MAS) has informed the public that a fraudulent website has been soliciting investments in Bitcoins using fabricated comments attributed to MAS Chairman and Deputy Prime Minister, Tharman Shanmugaratnam. The name of the website is positivebathhour.com / gulfweedcrab.com and the website’s article on Bitcoins is highly deceptive and misleading. The statements attributed to…

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SFC fines
September 19, 2018 BY Valentina Kirilova

NEX Group subsidiary reaches ISDAfix settlement with CFTC

The Commodity Futures Trading Commission (CFTC) has issued an Order filing and settling charges against ICAP Capital Markets LLC (ICAP), now known as a NEX Group plc (LON:NXG) subsidiary company Intercapital Capital Markets LLC (ICAP), for, by and through certain of its brokers, aiding and abetting numerous attempts by several of its bank clients to manipulate…

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Coinbase Advanced partners with Coinrule for AI-automated trading
September 18, 2018 BY Mariela Naydenova

Coinbase with a new Data Science chief

Coinbase "stole" Linkedin's head of data science just recently. Michael Li, who was Linkedin's Head of Analytics and Data Science has now joined the cryptocurrency unicorn to be its Vice President of Data, according to his Linkedin profile. With a educational background in Engineering in China and the US, Mr. Li worked in Capital One,…

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FCA warning
September 18, 2018 BY Valentina Kirilova

FCA warns against Redcap Management firm

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 Redcap Management. Redcap Management is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

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September 18, 2018 BY Valentina Kirilova

BSO and Hoptroff bring plug-and-play time-synchronisation service to market

Global network provider, BSO has partnered with Hoptroff London, the time-synchronization software experts, to provide the financial services community with the first fully traceable accurate Time-as-a-Service (TaaS) on the market. Since MiFID II went live in January, the entire financial ecosystem has a growing demand for a precise reading of when a trade is executed,…

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clone firm FCA warning
September 18, 2018 BY Valentina Kirilova

FCA warns against Kainz Werner Anton clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Kainz Werner Anton. 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…

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UK inflation pound sterling
September 18, 2018 BY LeapRate Staff

Risks lining up for the Pound from CPI and Salzburg talks

The following article was written by Jasper Lawler, Senior Market Analyst at FCA regulated broker LCG. After extending gains for a second consecutive week last week, the pound continues to hover around a six-week high versus the dollar. Last week a softening of tone from Brussels over Brexit talks and signs that the EU are…

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Canadian Securities Administrators CSA
September 18, 2018 BY Valentina Kirilova

CSA appoints Laura Belloni as Secretary General

The Canadian Securities Administrators (CSA) has announced the appointment of Laura Belloni as Secretary General, effective September 17, 2018. Before taking on this role, Ms. Belloni served as Manager of Regulatory Affairs and Policy Manager at the CSA for a period of 10 years. As such, she was responsible for managing regulatory and policy development…

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