The following article was written by Ramy Abouzaid, Head of Research at ATFX, UAE. US-EU Auto Tariffs: A Closer Look Global Economic Indicators This Week’s Economic Calendar Under the radar: Trump directs his weapon towards European auto makers US President Donald Trump told reporters on an Air Force plane on Friday that his government's investigation…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Southampton 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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Payments services company Paysafe Group Plc (LON:PAYS) has just announced that it has extended the reach of its money transfer service, Skrill Send Direct, to a further nine countries. This means that Skrill customers can now transfer money from anywhere in the world to bank accounts and mobile wallets in a total of 45 countries.…
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Deutsche Börse has announced that the gold holdings of Xetra-Gold (ISIN: DE000A0S9GB0) amounted to 181.34 tonnes at the end of the first half. At the beginning of the year, they amounted to 175.04 tonnes. The holdings always increase when investors buy Xetra-Gold units via the stock exchange. Exactly one gram of gold is deposited in…
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Block.one, publisher of the EOSIO blockchain software protocol and seller of the EOS Token, a top-five cryptocurrency by market cap at approximately US$8 billion, has announced that former Jefferies Asia CEO Mike Alexander has joined as CEO of its US$1 billion EOS VC venture capital arm, effective today. Based in Hong Kong, Mike Alexander will…
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Zen Protocol, the platform that fosters secure peer-to-peer financial transactions on a public blockchain, has announced that it launches the first block on its chain, the Mainnet Genesis Block. This block will initiate the first steps towards a single global ledger of transactions with real use and real value. With it, the Zen Protocol becomes…
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Garry James Patterson has been sentenced to 200 hours’ community work and 3 months’ community detention at the Christchurch District Court after pleading guilty to two charges brought by the Financial Markets Authority (FMA). Mr Patterson, 63, who is originally from Queenstown but has also been based in Christchurch, held out he was in the…
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Australian regulator ASIC has announced that it is continuing to monitor the financial advice industry’s use of restricted terms ‘independent’ and ‘independently owned’, taking steps to intervene when it identifies concerns. Following surveillance of industry websites, ASIC has required four financial advice companies to cease and amend false claims of independence that could mislead consumers.…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Besla Investments. 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 Cyprus Securities and Exchange Commission (CySEC) has announced that, on 31st May 2018, the Company Providing Administrative Services V.M.L Venture Management Ltd (the ‘Company’), waived its authorisation pursuant to section 16(2) of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as in force (the ‘Law’). Therefore, the Company’s authorisation with…
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