The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Car Insurance 4 u. 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…
Read morePercival and NDU have just announced that they have completed and signed the main delivery agreement on 30th May 2018 to deliver Percival’s DEPEND CSD solution and their HUBBLE message layer to the National Depository of Ukraine (NDU). This delivery agreement now incorporates the findings of the joint Design Study including the scope of customisation…
Read moreThe Financial Markets Authority (FMA) has just issued a warning to a company called SME International. SME Address: Purports to be 188 Quay Road, 17th Floor, Auckland 1010 Phone: +64 09 950 8477 Website: www.sme-international.com The regulator has received copies of marketing material published by SME that falsely claims the company is licensed and regulated…
Read moreAustralian regulator ASIC has announced that it has commenced proceedings in the Federal Court of Australia against Westpac Banking Corporation in relation to alleged poor financial advice provided by one of its former financial planners, Mr Sudhir Sinha. In Court documents filed yesterday, ASIC alleges that, in four sample client files selected by ASIC, Mr…
Read moreFCA regulated FX and CFDs broker ActivTrades has just announced the opening of a new entity in Nassau, ActivTrades Corp. This strategic move enables ActivTrades to better serve its international client base and business partners, especially in South America and Asia. The new entity is fully regulated by the Securities Commission of the Bahamas and…
Read moreUK 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 Sewraj Bayrajee. Sewraj Bayrajee is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
Read moreThe team behind the first cryptocurrency debit card have announced the launch of B21, the first personal wealth manager exclusively for crypto assets. B21 is a mobile-focused investment platform that allows anyone to create their own portfolio of cryptocurrencies, including Bitcoin, Ethereum, EOS and many others to be determined by users’ votes. Until now, investing…
Read moreAustralian regulator ASIC has just released its latest report outlining decisions on relief applications, highlighting ASIC’s efforts to reduce red-tape and achieve a practical, positive outcome for companies seeking some regulatory flexibility. The granting of relief which has a net regulatory benefit, or which facilitates business or cuts red tape without harming stakeholders, is an…
Read moreCME Group Inc. (NASDAQ: CME) has announced it priced an underwritten public offering of $500 million aggregate principal amount of senior unsecured 3.750% notes due 2028 and $700 million aggregate principal amount of senior unsecured 4.150% notes due 2048. The offering is being made under CME Group's existing shelf registration statement and is expected to…
Read moreAfter Coinbase managed to become one of the largest cryptocurrency wallets and exchanges in the world, now, the company is expanding rapidly with new products. First, Coinbase introduced Ethereum Classic, in addition to its other "products", like Bitcoin and Ethereum. Now, the company has introduced the Coinbase Index Fund. Coinbase, in addition to servicing over…
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