The Administrative Appeals Tribunal (AAT) has affirmed ASIC’s decision to permanently ban Mr Yingjie Wang (also known as Jay Wang), a lawyer and accountant from Sydney, from providing financial services, the regulator has announced earlier today. At the time of the conduct considered by the AAT Mr Wang was a director, and sole signatory of…
Read moreWhat are LMAX Exchange's plans for its new institutional cryptocurrency exchange, LMAX Digital? What's new in version 3.0 of Spotware's popular cTrader platform, released this past week? What do institutional FX broker FIXI's £2.2 million fundraising, and hiring of new executives, say about the company's plans for the future? How much effect did IG Group…
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 Broker XP. Broker XP is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Knight 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 moreThe Canadian Securities Administrators (CSA) has announced that it has just published CSA Staff Notice 81-329 Reducing Regulatory Burden for Investment Fund Issuers, which outlines the CSA’s plan to pursue four initiatives in the near-term that would remove redundancies and streamline disclosure requirements for investment fund issuers. Reviewing regulatory burden for investment fund issuers is…
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 Boerum Holdings. Boerum Holdings is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
Read moreThe Monetary Authority of Singapore (MAS) has just alerted the public to fraudulent emails impersonating MAS that attempt to get recipients to divulge their bank account IDs and passwords. Members of the public are advised not to click on the links in these emails or divulge any personal information including login IDs or passwords. These…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) has announced that, at its meeting held on 23rd April 2018, decided, pursuant to sections 14(1)(a) and 14(1)(c) of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as in force (‘the Law’), to withdraw the Administrative Services Provider authorisation with Number 20/196 of Standville…
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 Loans on Benefits PVT Ltd. Loans on Benefits PVT Ltd. is not authorised by the FCA but has been targeting people in the UK and is…
Read moreThe following article was written by AMarkets, a St. Vicent & the Grenadines (FSA) regulated global forex broker established in 2007. As the most liquid currency pair part of the Forex dashboard, the EURUSD is said to run the show in terms of market’s volatility. More precisely, when the pair doesn’t move, the entire dashboard…
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