May 03, 2018 BY Valentina Kirilova

ASIC disqualifies Western Australian SMSF auditor

Australian regulator ASIC announced that it has disqualified Paul Tattersall, of Western Australia, from being an approved auditor of self-managed superannuation funds (SMSF) for breaching independence requirements. ASIC found that Mr Tattersall had breached the auditor-independence requirements of APES 110 Code of Ethics for Professional Accountants in auditing his own fund and the fund of…

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May 03, 2018 BY Valentina Kirilova

SIX launches international microwave-based trading in Europe

SIX Swiss Exchange announced that it has just launched its new international microwave-based trading connections in Europe. The Swiss exchange offers the service through its new Zurich-based joint-venture 12H AG (12H) with the shareholders of the microwave solutions provider 12Horizons Pte Ltd. Microwave technology allows trade data for all securities listed at SIX to be…

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May 03, 2018 BY LeapRate Staff

Leucadia books $62M gain on FXCM loan, still owed $70M at Q1-2018

Investment company Leucadia National Corp (NYSE:LUK) - which is in the process of rebranding itself to Jefferies Financial Group - has issued its 10Q quarterly report for Q1-2018, providing an update among other things on its outstanding loan to Retail FX broker FXCM Group. In the big picture, Leucadia reported that to date (as of March…

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May 03, 2018 BY Valentina Kirilova

Finastra joins Finance Innovation hub

Finastra announced that it has joined Finance Innovation – a community focused on supporting innovation across all areas of financial services in France. The innovation hub brings banks, insurance companies and other financial institutions together with Fintech firms, industry bodies and academics to collaborate and drive innovation across the industry. Hugh Cumming, CTO, Platforms at…

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May 03, 2018 BY Valentina Kirilova

SEC launches investor protection search tool SALI

The SEC’s “SALI” tool will allow investors to identify individuals subject to judgments or orders in enforcement actions The Securities and Exchange Commission (SEC) announced the launch of an additional online search feature that enables investors to research whether the person trying to sell them investments has a judgment or order entered against them in…

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May 03, 2018 BY LeapRate Staff

SteelEye and MAP FinTech collaborate in research and development for Regulatory Reporting

SteelEye, the compliance technology and data analytics firm and MAP Financial Technologies Limited, (MAP FinTech) which specialises in regulatory reporting solutions have announced a research and development partnership. The partnership will focus on the two firms’ complementary areas of regulatory reporting, specifically relating to EMIR, MIFID-II/MIFIR and Best Execution solutions. SteelEye has developed an intelligent…

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May 03, 2018 BY Valentina Kirilova

Cboe expands Market Data Sales Team with key hires

Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced the expansion of its Market Data Services team with two key appointments in its London office. Richard Barden has been appointed as Director, Market Data Sales and Stephen Dorrian has been appointed Director, European Market Data. Mr. Barden is responsible for the expansion and distribution of Cboe’s…

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May 03, 2018 BY Valentina Kirilova

ASIC permanently bans former authorised representative from providing financial services

ASIC announced that it has permanently banned Queensland financial adviser Mr Michael Gordon Taylor from providing financial services. Mr Taylor was an authorised representative of Morgans Financial Limited from 10 March 2004 until 21 September 2015. Between 2007 and 2015, Mr Taylor borrowed approximately $1.2 million from 16 clients. Borrowing from clients involved a conflict…

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May 03, 2018 BY Mariela Naydenova

Telegram calls off its long-awaited public ICO

Telegram was is probably one of the most successful ICOs in history. The messaging app that offers unique texting features such as encryption, called off its public ICO after it raised the staggering amount of $1.7 billion in the presale round. Reportedly, the money raised is from a small, very private group of investors. The…

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