India had a deadline for deciding the faith of cryptocurrency-related trading in the country. The deadline expired today, on the 5th of July and the Reserve Bank of India decided to ban all cryptocurrency-related activities. However, the new decision affects Indian citizens to the extent that they will not be able to transact on exchanges,…
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The U.S. Securities and Exchange Commission today announced that Credit Suisse Group AG will pay approximately $30 million to resolve SEC charges that it obtained investment banking business in the Asia-Pacific region by corruptly influencing foreign officials in violation of Foreign Corrupt Practices Act (FCPA). Credit Suisse also agreed to pay a $47 million criminal…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Central Trust. 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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The Hong Kong Securities and Futures Commission (SFC) has launched a consultation on proposals to amend the Guideline on Anti-Money Laundering and Counter-Terrorist Financing to keep it in line with international anti-money laundering and counter-financing of terrorism (AML/CFT) standards and make it more useful and relevant. The proposed amendments expand the types of politically exposed…
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On Wednesday, 27th June, the constitutive meeting of the new EEX Exchange Council was held in Leipzig. At the meeting, the members of the newly elected Exchange Council re-appointed Dr Michael Redanz, Managing Director of EWE Trading GmbH, as their Chairman for a further term. The members also elected Dr Bernhard Walter, Head of Market…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Alliance Trust Plc. 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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A financial services Alliance with a combined global membership of 200,000 has announced that it is challenging UK's Financial Conduct Authority (FCA) to do more to support professionalism in UK financial services. The Chartered Body Alliance, which is composed of the Chartered Insurance Institute, the Chartered Institute for Securities & Investment and the Chartered Banker…
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LeapRate Exclusive... LeapRate has learned that former GKFX CEO Brian Myers has re-joined the Retail FX sector, hired as CEO of the fairly new Retail FX and CFDs brand Equiti.com, for the UK and the EU. He will also formally act as the CEO and a director of the company's FCA regulated arm, Divisa UK…
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Solactive has just informed the public of the launch of the Climate and Energy Transition Index, an index tracking the performance of companies that show the best commitment to energy transition in their sectors while exhibiting low volatility and high dividend yield characteristics. The index is based on a methodology developed by Natixis in collaboration…
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Blackwell Global Hong Kong has just announced its admittance as a member of the Singapore Exchange Derivatives Trading (SGX-DT). Global clients will gain direct access to the Asian derivatives market through the SGX Asian Gateway. As the subsidiary of Blackwell Global Hong Kong, Blackwell Global Futures’ membership of the SGX-DT allows the brokerage to offer…
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