Swiss Forex brokerage house Dukascopy Bank SA just announced that it has entered the new domain of core banking business – retail banking. The cornerstone of its new business model is a combination of online video identification and banking infrastructure built around a modern messenger and social network. Dukascopy has achieved the technological point, at…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Amundi Asset Management. 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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The Hong Kong Securities and Futures Commission (SFC) today issued a circular which cautions investors of the risks associated with Bitcoin futures contracts and other cryptocurrency-related investment products and reminds financial service providers of the legal and regulatory requirements when they target customers in Hong Kong. The circular notes that futures and commodities exchanges in…
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The following article was written by Adinah Brown, content manager at Leverate. So you’re thinking that perhaps you can escape from beyond the grasp of MiFID II? Well you can’t because it’s going to affect everyone, and by everyone we’re including little Johnny’s savings account to Aunt May’s pension fund. And here’s why. What is Mifid…
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Murray River Organics Group Limited (Murray River Organics) has paid a penalty of $33,000 after ASIC issued an infringement notice for an alleged failure by the company to comply with its continuous disclosure obligations. The infringement notice was issued after an ASIC investigation into an announcement on 4 May 2017 by Murray River Organics to…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Waybridge Financial. 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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Civic CEO Vinny Lingham, Abra CEO Bill Barhydt, Smith + Crown CEO Brian Lio and More Join BnkToTheFuture’s Plans to Offer Equity Token Trading Global FinTech, Bitcoin and blockchain online investment platform BnkToTheFuture today announced its token sale advisory board, with executives from Civic, Smith + Crown, Abra, BitAngels, and more signing on to help…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced that Cboe bitcoin futures (XBT) began trading exactly as planned at 5:00 p.m. CT on Sunday, December 10, 2017, at the start of Global Trading Hours. The opening price for XBT was $15,000 and 890 contracts were traded by 7:15 p.m. CT. Monday, December 11, will be…
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ANZ Bank New Zealand today announced that it has signed a statement of commitment to the FX Global Code of Conduct, set to come into effect in May 2018. The code is a single set of global principles which define good practice for the wholesale FX market. In signing the statement ANZ has reinforced its…
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The Administrative Appeals Tribunal (AAT) has affirmed ASIC's decision to ban a former financial advisor, Tony Davidof, and former Credit Suisse employee, Philip McLean from providing financial services for three years. ASIC's decision to ban Mr Davidof and Mr McLean followed an ASIC investigation that found both had engaged in manipulation of the price of…
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