March 27, 2017 BY LeapRate Staff

Binary Options broker Anyoption requests affiliates sign letter on marketing use of German TV star Robert Geiss

LeapRate Exclusive... LeapRate has learned that binary options broker Anyoption has sent a circular out to its affiliates, regarding unauthorized advertising and promotion which one or more of its affiliates has been doing. Apparently, one or more Anyoption affiliates has been actively marketing the company in Europe using the images of Robert and Carmen Geiss…

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March 27, 2017 BY Valentina Kirilova

Mizuho and Marubeni unite for Asean fintech partnership

Mizuho Financial Group, Inc., Mizuho Bank, Ltd., and Marubeni Corporation announced that have agreed to start exploring for opportunities to provide new financial services utilizing FinTech in the ASEAN region. As various new FinTech based financial services are recently being offered, the companies will explore opportunities to provide community-based financial businesses in the ASEAN region…

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negative balance protection
March 27, 2017 BY LeapRate Staff

Australia parliament passes new legislation to protect Retail Forex client money

Breaking Forex News... LeapRate has learned that Australia's parliament today passed the Treasury Laws Amendment (Measures No 1) Bill 2016, known more commonly as the Retail Client Money law. We had reported back in November that the Australian government was going to change the rules as to what ASIC licensed retail brokers offering over-the-counter derivatives products (read:…

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March 27, 2017 BY Valentina Kirilova

CFTC staff provides relief associated with swap trade confirmations

The U.S. Commodity Futures Trading Commission's (CFTC) Division of Market Oversight (DMO) issued a no-action letter extending relief associated with swap trade confirmation requirements that previously was provided in CFTC Staff Letter 16-25, which expires March 31, 2017. The letter extends the relief until the effective date of any revised CFTC regulations regarding trade confirmation…

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March 27, 2017 BY Valentina Kirilova

ASIC releases guidance on risk management systems of responsible entities

ASIC released Regulatory Guide RG 259 Risk Management systems of responsible entities to provide additional guidance to responsible entities on our expectations for compliance with their existing obligation under the Corporations Act 2001 to maintain adequate risk management systems. The guide is aimed at ensuring that the risk management systems of responsible entities, including minimum…

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MOEX launches trading in sunflower seed futures
March 26, 2017 BY Valentina Kirilova

Ernst & Young affirms MOEX meets IOSCO benchmark principles

Moscow Exchange announced that it has successfully undergone an annual assurance review of compliance of the MOEX indices with the IOSCO Principles for Financial Benchmarks. Ernst & Young that had been engaged to complete the review affirmed that index management at Moscow Exchange met 19 IOSCO's principles, and provided reasonable assurance that the processes and…

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March 26, 2017 BY Valentina Kirilova

FCA warns against Global Attorney Services Boston 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 Global Attorney Services Boston. Global Attorney Services Boston is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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