The United Kingdom’s Financial Conduct Authority (FCA) and ASIC informed that they have signed an Enhanced Cooperation Agreement between their Innovation Hubs to extend their existing agreement of cooperation and coordination on fintech innovation. This agreement forms part of the broader Fintech Bridge signed by the UK Chancellor of the Exchequer and the Australian Treasurer.…
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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 BECFD. BECFD is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced that the Japanese Financial Services Authority (JFSA) has added Cboe Global Markets – U.S. Equities to the regulator’s list of Designated Foreign Financial Instrument Exchanges. Cboe’s recognition by the JFSA eases regulations related to disclosures for retail investors and certain discretionary accounts, a change that is expected…
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Well it does look like Bitcoin continues to go more 'mainstream', with some of the world's leading trading venues finally taking note of the large crypto trading volumes driving results at some of the leading online brokers. TMX Group, a Canadian financial services company that operates market exchanges including the Toronto Stock Exchange, and Paycase…
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LeapRate Exclusive... LeapRate has learned that longtime Retail FX executive Joe Rundle has left his position as Director of Trading and Partnerships at ThinkMarkets, and joined Markets.com as its new CEO. Markets.com is the Retail FX brand name of CySEC licensed Safecap Investments Ltd., owned ultimately by Playtech PLC (LON:PTEC). Joe Rundle has been in the…
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Facebook recently got under fire for security issues. The social media giant was accused that leakage of information of users is misused by companies and especially by data analytics companies. The most recent example comes from Cambridge Analytica, a data analytics company that gained access to personal data of almost 50 million users. There were…
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The Australian Securities and Investments Commission (ASIC) has informed the public that the Federal Court has imposed civil penalties of $70,000 each on the directors of Storm Financial, Emmanuel and Julie Cassimatis, who were previously found by the Court to have breached their duties as directors. They were also disqualified from managing corporations for 7…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Riel Investment. 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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CySEC licensed Retail FX broker RoboMarkets, which recently rebranded from RoboForex, has announced that it has opened a Representative Office in Prague as another step of the company’s expansion in the Czech Republic and Slovakia. The company has already started 24/7 support for the clients from the Czech Republic and Slovakia in their native language.…
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ICAP, part of TP ICAP group, has announced the re-establishment of its oil business. The firm has appointed Joe Hutchinson to lead ICAP’s new Oil business. The team plans to offer a full suite of Oil products globally. Joe Hutchinson returns to ICAP where he was co-head of Oil between 2000 and 2013. Joe brings…
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