The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Preston 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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TP ICAP plc has announced its results for the six months ended 30 June 2018. Business highlights Solid performance achieved from our diversified business portfolio Revenues of £910m, 2% lower than H1 2017 at actual exchange rates and 3% higher at constant exchange rates Strong performance in Global Broking's Rates and Equities businesses, with revenues…
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AxiomSL, the provider of regulatory reporting and risk management solutions, has today announced that Bank of China has decided to extend its use of AxiomSL’s strategic platform to meet AnaCredit reporting requirements in France. AxiomSL will support the bank’s objective to automate the complex process of AnaCredit reporting and ensure submission in a timely and…
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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 Stubblefield Advisors LLC. Stubblefield Advisors LLC 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 Securities and Exchange Commission (SEC) has announced that it has updated its list of unregistered firms that use misleading information to primarily solicit non-U.S. investors, adding 16 soliciting entities, four impersonators of genuine firms, and nine bogus regulators. The updates by the SEC Division of Enforcement’s Office of Market Intelligence, in coordination with the…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called Oak Harbour Limited. Oak Harbour Limited Address: 101 Hennessy Rd, Wan Chai, Hong Kong Website: www.oakharbourlimited.com Phone: +852 5808 7757 Reason for warning: The regulator has received a report from a New Zealand resident about Oak Harbour Limited about withholding…
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ASX-listed company Gold Mountain Limited (Gold Mountain) has informed the public that it has paid a penalty of $33,000 after Australian regulator ASIC issued an infringement notice for an alleged failure by Gold Mountain to comply with its continuous disclosure obligations. ASIC has also restricted Gold Mountain from eligibility to issue a reduced-content prospectus until…
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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 Yes Option / Yes Trading. Yes Option / Yes Trading is not authorised by the FCA but has been targeting people in the UK and is…
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Constellation Labs, the horizontally-scalable blockchain for consumer-grade applications, has announced the release of their testnet — the first version (V1) of Constellation’s base code. This launch begins a process of building out a small network of nodes, which communicate with each other in order to prevent “bad actors” on the system. The testnet’s primary goal…
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Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has announced that it has acquired Luxembourg based online bank and investment firm Internaxx Bank S.A. for €27.7 million. The company said that the acquisition of Luxembourg-based Internaxx - which advertises itself as an investment firm for the expat community - gives Swissquote…
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