April 12, 2018 BY Valentina Kirilova

TMX Group to sell its 24% stake in fixed income index business

TMX Group (TSX:X) has announced it has completed the sale of its entire 24.2% shareholding in FTSE TMX Global Debt Capital Markets Limited to FTSE International Limited. TMX Group's decision to enter into this transaction was made within the scope of the company's strategy to focus resources on growing core data and analytics businesses. Terms…

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April 12, 2018 BY Valentina Kirilova

RegTek.Solutions adds Ruwan Weerasekera to Board of Directors

RegTek.Solutions, the global provider of regulatory reporting solutions, has announced the appointment of Ruwan Weerasekera to its Board of Directors. Weerasekera's regulatory experience in financial markets spans more than 25 years. He is currently a Senior Independent Non-Executive Director for ICBC Standard Bank Plc, where he Chairs the Remuneration Committee, and sits on the Board…

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April 12, 2018 BY LeapRate Staff

The importance of an FCA license - FXTM's Martin Couper speaks

We had reported back in February that Retail FX and CFDs broker FXTM has received a license from the FCA for a new UK-based subsidiary Forextime UK Limited, and was launching a London-based operation. Why add the FCA license to a broker already licensed in several jurisdictions, including the EU (Cyprus)? We're pleased to present…

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April 12, 2018 BY Valentina Kirilova

FCA warns against London Loan Bank

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 London Loan Bank. London Loan Bank is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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April 12, 2018 BY Valentina Kirilova

EU Financial Regulators warn against risks for EU financial markets, Brexit, asset repricing...

The securities, banking and insurance sectors in the European Union (EU) face multiple risks, the Joint Committee of the European Supervisory Authorities (ESAs) latest report shows. The ESA report for the second half of 2017 outlines the following risks as potential sources of instability: sudden repricing of risk premia as witnessed by the recent spike…

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April 12, 2018 BY LeapRate Staff

Facebook and Google are purging Crypto ads: Is Bitcoin slated for doom?

The following article was written by Amram Margalit, content manager at Leverate. Barely a month after reaching its five-figure mark for the first time, Bitcoin cemented its glory year in 2017 by reaching $20,000. This meteoric rise in Bitcoin value brought it, along with other cryptocurrencies, into mainstream consciousness. However, that all-time high was short lived, with…

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April 12, 2018 BY Valentina Kirilova

FCA warns against Michael Miller clone firm

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

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April 12, 2018 BY Valentina Kirilova

ASIC cancels Octani Capital's AFS license

The Australian Securities and Investments Commission (ASIC) has just announced that it has cancelled the Australian financial services (AFS) license of WA-based Octani Capital Pty Limited (Octani Capital). Octani Capital was deregistered on 2 March 2018 for non-payment of fees. Accordingly, its AFS license has been cancelled under s915B(3) of the Corporations Act 2001, from…

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