The Australian Securities and Investments Commission (ASIC) announced that has welcomed the passage of legislation enabling a more secure and accountable funding of the model for regulation of the Australian corporate sector. Effective from 1 July 2017, ASIC’s regulatory costs will be recovered from all industry sectors regulated by ASIC through annual levies. ASIC Chairman…
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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 firm HBFX Markets Limited. HBFX Markets Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Intercontinental Exchange (NYSE:ICE), the operator of global exchanges and clearing houses and provider of data and listings services, today announced a new daily volume record of 3.35 million contracts for the Three Month Sterling (Short Sterling) futures contract set on June 15, 2017. The previous record was 2.89 million contracts set in June 2014. Earlier…
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At a recent meeting in Istanbul, Turkey, the General Assembly of Europex, was presented with a forward-looking study on “Exchanges – At the Core of the Future Energy Market”. The document is the result of a collective effort by all Europex members over a five-month period. In the 33-page study, Europex provides its vision of…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm True Blue Loans. 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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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 Global Fin Services Limited trading as Trade 12. Global Fin Services Limited is not authorised by the FCA but has been targeting people in the UK…
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Hong Kong Exchanges and Clearing Limited (HKEX) and its subsidiary The Stock Exchange of Hong Kong Limited (the Exchange) today launch a consultation to seek public feedback on a package of proposals to broaden capital markets access in Hong Kong and strengthen Hong Kong’s listing regime through two separate papers: the New Board Concept Paper;…
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U.K. financial services firms will definitely not be able to carry on business as normal within the European Union (EU) after it leaves the bloc, according to Luc Frieden, who has held several portfolios within the Luxembourg cabinet over the past few decades. In an interview for CNBC on Friday in Luxembourg, Luc Frieden commented:…
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Singapore Exchange (SGX) announced that has welcomed HRnetGroup Limited to Mainboard under the stock code “CHZ”. HRnetGroup Limited is a homegrown Singapore company that is today the largest Asia-based recruitment agency in Asia Pacific ex-Japan. It has an established track record of 24 years and operations across 10 Asian growth cities including Singapore, Hong Kong,…
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The Securities and Exchange Commission (SEC) announced that Keith E. Cassidy has been named Associate Director, Technology Controls Program, in the Office of Compliance Inspections and Examinations (OCIE). Mr. Cassidy began his career at the SEC as an Attorney Advisor in the Office of Legislative and Intergovernmental Affairs in 2010 before being promoted to Deputy…
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