The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Light Finance. 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…
Read moreInformation giant Thomson Reuters (TSX / NYSE: TRI) has announced that it plans to buy back up to an additional US$1 billion of its shares under a new repurchase program. The new buyback program is in addition to the US$500 million repurchase program that Thomson Reuters announced in May 2018. Thomson Reuters has repurchased approximately…
Read moreThe China Banking and Insurance Regulatory Commission (CBIRC) and the Hong Kong Securities and Futures Commission (SFC) have announced that they have entered into a Memorandum of Understanding (MoU). The MoU is regarding the cooperation and exchange of information in connection with the supervision and oversight of regulated entities of the CBIRC or the SFC…
Read moreTIS Inc. (headquarters: Shinjuku, Tokyo), has just announced its strategic investment and firmed up business collaboration with enterprise blockchain software firm R3 HOLDCO LLC. R3 is a fast growing US technology firm with a highly innovative software platform, global brand recognition in blockchain technology and successful formation of a global ecosystem of over 200 financial…
Read moreIFC, a member of the World Bank Group, and the Monetary Authority of Singapore (MAS) have announced that they have today signed a Memorandum of Understanding (MOU), agreeing to work together to accelerate the growth of green bond markets in Asia. The MOU marks the start of a closer collaboration between MAS and IFC to…
Read moreTokyo Financial Exchange (TFX) has just announced that the board of directors decided today the following change of President & CEO. The current President & CEO Shozo Ohta has resigned. The name of the new one is Nobuyuki Kinoshita, whose previous position was an Aflac Life Insurance Japan Ltd. Senior Adviser. This change is subject…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Mutual Fund Ltd. 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…
Read morePotCoin, advertized as "ultra-secure digital cryptocurrency, network and banking solution for the $100 billion global legal marijuana industry", may be sponsoring Dennis Rodman, the famous retired basketball star for his trip to Singapore for the Trump - Kim Jong-un meeting. PotCoin is essentially a very non-traditional cryptocurrency, since it helps facilitate legalized marijuana transactions around…
Read moreIn a month where some of the world's leading Retail and Institutional FX brokers were setting volume records, Copenhagen based brokerage group Saxo Bank reported its third volume decline in a row. Overall, May 2018 trading volumes came in at a daily average of $17.6 billion at Saxo Bank, down slightly from $17.7 billion in…
Read moreToday's meeting of the Exchange Council of the Frankfurt Stock Exchange has informed the public that it has named Lutz Raettig its honorary chairman. Raettig is being recognised for his outstanding accomplishments to the Frankfurt Stock Exchange and the financial centre of Frankfurt. He has been a member of the Exchange Council since 2001, and…
Read more