February 26, 2018 BY Valentina Kirilova

Maharashtra State and Singapore announce closer FinTech cooperation

The Monetary Authority of Singapore (MAS) and the Government of Maharashtra (GoM) (Maharashtra is India’s second-most populous state and third-largest state by area. Mumbai is the capital city of Maharashtra) announced that they have signed a Memorandum of Understanding (MoU) on 18 February 2018 to strengthen cooperation in promoting FinTech innovation in the two markets.…

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LCG trading floor
February 26, 2018 BY LeapRate Staff

Olivia Blanchard in, Nicholas Lee and Frank Chapman out from LCG Board

Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc has announced some changes to its board of directors. Joining the LCG board is Olivia Blanchard, who will become a Non-Executive Director of the company, effective immediately. Olivia Blanchard has worked in a number of sectors including private banking, investment banking, asset management and institutional…

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asic bans
February 26, 2018 BY Valentina Kirilova

ASIC bans former Westpac and NAB financial adviser

The Australian Securities and Investments Commission (ASIC) announced that it has banned Brisbane based financial adviser Christopher Ramsay from providing financial services for a period of five years for failing to act in the best interests of his clients, and giving advice that was not appropriate. ASIC found that Mr Ramsay failed in his obligations…

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UFX weekly fx market review
February 25, 2018 BY LeapRate Staff

UFX.com Weekly Trading Review: Delta and United end relations with the NRA, Dropbox $500 million IPO

Your Weekly Trading Review by UFX.com – Sunday, February 25th, 2018 Here are some of this past week’s leading economic news and events that affected the financial markets: Delta and United End Relations with the NRA On Saturday, two major airlines Delta Air Lines Inc. and United Continental Holdings Inc. ended their marketing ties with the National…

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forex industry news update
February 25, 2018 BY LeapRate Staff

FX Industry Week Review: FXCM rebrands, Markets.com $7.6M crypto hit, Autochartist acquires, iForex fined, and lots more…

Which leading Retail FX brokers saw Revenues and Profits decline in the second half of 2017? What does FXCM's logo rebrand look like? Which Retail FX trading tool did Autochartist buy? Why was iForex fined €138,000 by CySEC? What made the infamous Swiss Franc spike of January 15, 2015 even worse? Which FX industry executive…

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warning
February 23, 2018 BY Valentina Kirilova

French AMF warns against Bil Patrimoine and investment services website bil-gestionpatrimoine.com

Following a number of reports from savers regarding the website www.bil-gestionpatrimoine.com and the entity Bil Patrimoine, the Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) have issued a public warning. Bil Patrimoine and the website www.bil-gestionpatrimoine.com are not authorized either by the AMF or by the ACPR to…

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FCA warning
February 23, 2018 BY Valentina Kirilova

FCA warns against Teramusu firm

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 Teramusu. Teramusu 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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