Malta financial regulator the Malta Financial Services Authority (MFSA) has issued a warning, stating that it has become aware of an entity operating under the name of Shtern Group which is known to have an internet presence at shterngroup.com. Although this entity purports to operate from an address in Malta, the MFSA does not believe…
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The Hong Kong Securities and Futures Commission (SFC) and The Stock Exchange of Hong Kong Limited (Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), informed that they have signed an addendum to the Memorandum of Understanding (MOU) Governing Listing Matters. Pursuant to arrangements under the Addendum, a new Listing Policy Panel…
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The Supervisory Board of Deutsche Börse AG informed that it has resolved to propose three new candidates to the Annual General Meeting on 16 May 2018, for election to the Supervisory Board as shareholder representatives. In addition, due to increased staffing levels, the Supervisory Board will in future be composed in accordance with the provisions…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Castle Finance Direct. 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…
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FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has issued a brief clarification to its Q4 and 2017 full year financial results, which were released last week. GAIN Capital, which operates the retail Forex.com and City Index brands and the institutional GTX business, stated that it wishes to clarify its prior statement regarding the impact…
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Singapore Exchange (SGX) and fintech firm Smartkarma today announced a partnership to roll out the C-Suite Pilot Program, a cloud-based platform that will enable SGX-listed companies to streamline their communication and data reporting to the institutional, analyst and investor communities. Listed companies will be able to communicate seamlessly with analysts and investors, monitor sentiment, compare…
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Independent Reserve, the Australian Digital Currency exchange, announced that it has opened Australia’s first over-the-counter trading desk for institutions wanting to make large digital currency trades. CEO Adrian Przelozny said the lack of block trading venues had been a barrier for institutions to participate in digital currency investment. Digital currency markets are just like any…
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Further to their announcement back in September 2017 that they would work together to provide solutions to the Italian online trading market, Italian bank Banca Generali SpA (BIT:BGN) and Copenhagen based online trading giant Saxo Bank have announced that they have signed an agreement to offer a unique range of digital and global trading services. The companies…
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New Zealand's Financial Markets Authority (FMA) announced that it has issued formal warnings to five reporting entities under Section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act). Entities are required by law to have their risk assessment and AML/CFT programme audited by an independent auditor every two years. For this…
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The UK Financial Conduct Authority (FCA) informed the public that it has today published a discussion paper on transforming culture in financial services which presents views from academics and industry thought leaders. The paper is intended to provide a basis for stimulating further debate on transforming culture in the sector. The paper is a set…
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