BIS announces key appointments in Singapore and Switzerland
December 08, 2017 BY Valentina Kirilova

Daniel Michael named Chief of SEC Enforcement Division’s Complex Financial Instruments Unit

The Securities and Exchange Commission (SEC) announced that Daniel Michael has been named chief of the Enforcement Division’s Complex Financial Instruments Unit. In his new role, Mr. Michael will lead a specialized unit of attorneys and industry experts who are located in offices across the country and investigate potential misconduct related to complex financial products…

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fca warning
December 08, 2017 BY Valentina Kirilova

FCA warns against Asset Link International 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 firm Asset Link International. Asset Link International is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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SFC fines
December 08, 2017 BY Valentina Kirilova

ASP Asoted Services Ltd fined €16,000 by CySEC

The Board of the Cyprus Securities and Exchange Commission (CySEC) wishes to inform the public that, at its meeting held on 25th September 2017, it decided to impose administrative fines totalling €16,000 on ASP Asoted Services Ltd for non-compliance with: Sections 58(a) and 58(c) of The Prevention and Suppression of Money Laundering and Terrorist Financing…

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asic afs license
December 08, 2017 BY Valentina Kirilova

ASIC cancels AFS license of Michael James Haley

The Australian Securities and Investments Commission (ASIC) has cancelled the Australian Financial Services (AFS) license of Michael James Haley after finding he has ceased to carry on a financial services business. Mr Haley's AFS license cancellation became effective on 1 November 2017. ASIC may suspend or cancel an AFS license, by giving written notice, if…

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Wolters Kluwer Ustocktrade
December 07, 2017 BY LeapRate Staff

Ustocktrade selects Wolters Kluwer’s GainsKeeper Brokerage solution for cost basis reporting

Risk and compliance solutions provider Wolters Kluwer has announced that Ustocktrade Securities, Inc. (USTS), the first alternative trading system designed exclusively for retail investors, has selected Wolters Kluwer’s GainsKeeper Brokerage solution for cost basis reporting. The solution uses a suite of smart tools that helps firms calculate, track and report cost basis, adjusted for corporate…

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HotForex premium trading tools MT4 apps
December 07, 2017 BY LeapRate Staff

HotForex adds premium MT4 trading apps

Global retail forex and multi-asset broker HotForex has announced that it has started offering Premium Trader Tools, a collection of advanced trading applications which can be downloaded and installed on MT4 platforms. A HotForex spokesperson said: Making more informed and confident trading decisions is now more possible than ever with Premium Trader Tools! Our clients have…

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December 07, 2017 BY Valentina Kirilova

Dubai Financial Services Authority signs FinTech agreements with Hong Kong authorities

The Dubai Financial Services Authority (DFSA) deepened ties with regulators in Hong Kong today signing two cooperation agreements to enhance collaboration in financial technology (FinTech) innovation. The agreements reinforce the existing strong relationship between the authorities in the two markets, which cooperate in the regulation of the financial services sector and FinTech businesses. The DFSA…

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