UK 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 Atwood Stanley Asset Management. Atwood Stanley Asset Management is not authorised by the FCA but has been targeting people in the UK and is also carrying…
Read moreThe Cyprus Public Audit Oversight Board (CyPAOB) and the Cyprus Securities and Exchange Commission (CySEC) have announced that they have recently signed a Memorandum of Understanding (MoU). The MoU was signed by Mrs Rea Georgiou, Chairwoman of CyPAOB and Mrs Demetra Kalogerou, Chairwoman of CySEC. With this MoU, a framework and procedures for close cooperation…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Whitestone Finance 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 moreThe Monetary Authority of Singapore (MAS) has announced the following changes to its senior management team: Mr Ng Nam Sin, currently Assistant Managing Director (Corporate, HR & IT Services) and CEO of the Institute of Banking & Finance Singapore (IBF), will be seconded to the IBF to take on the role of CEO on a…
Read moreSwiss interdealer broker Compagnie Financière Tradition (SWX:CFT)'s activity grew in the first quarter with reported consolidated revenue of CHF 229.6m compared with CHF 213.4m in same period in 2017, up 7.8% in constant currencies. At current exchange rates, consolidated revenue presented an increase of 7.6%. For the same period, the Group’s consolidated adjusted revenue was…
Read moreTMX Group (TSX:X) has just announced that Ceridian HCM Holding Inc. (Ceridian), a global human capital management (HCM) technology company headquartered in the United States, commenced trading on Toronto Stock Exchange (TSX) under the symbol TSX:CDAY. Ceridian's initial public offering (IPO) raised US$462 million, making it the largest technology company (by initial market capitalization) to…
Read moreThe Hong Kong Securities and Futures Commission (SFC) has informed the public that it has today launched a two-month consultation on proposed enhancements to the Investor Compensation Regime. Key proposals include increasing the compensation limit from $150,000 to $500,000 per investor per default and covering northbound trading under Mainland-Hong Kong Stock Connect. In addition, the…
Read moreCryptocurrency trading has taken the FX world by storm, with many if not most Retail FX and CFD brokers offering at least a limited menu of crypto products for trading. However the issues of leverage, liquidity and connectivity still remains hot ones, and difficult to solve for many FX brokers. We’re pleased to speak today…
Read moreDeutsche Börse has announced that the share subscription for the IPO of Springer Nature AG & Co. KGaA (ISIN: DE000SPG1003) via the Frankfurt Stock Exchange was launched today and is expected to continue until 8 May. The first trading day for Spring Nature in the Prime Standard, the segment with the highest transparency standards, is…
Read moreThe Canadian Securities Administrators (CSA) has informed that it has released the Oversight Review Report of the Investment Industry Regulatory Organization of Canada (IIROC). The report evaluates whether specific regulatory processes were effective, efficient, and were applied consistently and fairly, and whether IIROC complied with the terms and conditions of its Recognition Orders. IIROC is…
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