June 08, 2018 BY Mariela Naydenova

Dennis Rodman, Trump and PotCoin

PotCoin, 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…

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June 07, 2018 BY Valentina Kirilova

FCA warns against Loanovao clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loanovao. 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 scam…

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June 07, 2018 BY Valentina Kirilova

Shenzhen Stock Exchange adopts new Corporate Bond Listing Agreement

On June 4, Shenzhen Stock Exchange (SZSE) has announced that it has released the Notice on Adopting the SZSE Corporate Bond Listing Agreement and SZSE Asset-backed Security Transfer Service Agreement (hereinafter as the “Notice”). According to the Notice, the new Corporate Bond Listing Agreement and ABS (Asset-backed Security) Transfer Service Agreement (New Agreements) will be…

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June 07, 2018 BY Valentina Kirilova

SFC imposes a cold-shoulder order against individual

The Hong Kong Securities and Futures Commission (SFC) announced that it has publicly censured and imposed a 24-month cold-shoulder order against Chan Shing for breaching the mandatory general offer obligation of the Takeovers Code. Chan was the chairman and managing director of Burwill Holdings Limited at the time the breach took place. He and his…

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June 07, 2018 BY Valentina Kirilova

Solactive launches Australian Investment Grade Corporate Bond

Solactive has just announced the launch of the Solactive Australian Investment Grade Corporate Bond Select TR Index used as the basis for BetaShares Australian Investment Grade Corporate Bond ETF (CRED). The index seeks to replicate the performance of a portfolio of investment grade, senior corporate bonds denominated in Australian dollars (AUD). The index methodology will…

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June 07, 2018 BY Valentina Kirilova

Broadridge acquires MackayWilliams for more integrated view of fund distribution

The global fintech company Broadridge Financial Solutions, Inc. (NYSE:BR) has just announced that it has further expanded its global market intelligence business with the acquisition of MackayWilliams, a specialist European fund market and research firm. The acquisition will combine Broadridge’s fund data and analytics solutions with MackayWilliams’ insight into European mutual fund trends, brand perceptions and…

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June 07, 2018 BY Valentina Kirilova

Saxo Bank launches digital investment portfolio based on Nasdaq Dorsey Wright research

Copenhagen based Forex and multi asset broker Saxo Bank and Nasdaq, the global provider of trading, clearing, exchange technology, listing, information and public company services, have just announced a cooperation to launch a new digital investment portfolio in the SaxoSelect universe based on Nasdaq Dorsey Wright research. The new portfolio, named Nasdaq DW Global Momentum,…

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June 07, 2018 BY Valentina Kirilova

ASIC permanently bans former NAB financial adviser

Australian regulator ASIC has announced that it has permanently banned Mr Max Kiattisak Eung (also known as Kiattisak Eungpongpan), of Tempe, New South Wales from providing financial services and engaging in credit activities. Mr Eung was banned following an ASIC investigation into his conduct between March 2016 and December 2016 while he was a financial…

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