April 07, 2017 BY Valentina Kirilova

TMX Group launches first blockchain-based prototype

New shareholder voting prototype serves as next step in TMX's emerging digital strategy TMX Group (TSX: X) announced a new Distributed Ledger Technology (DLT) prototype as part of its strategy to maximize efficiencies and solve day-to-day client challenges across its various business areas. The company developed the electronic shareholder voting system prototype based on DLT,…

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April 07, 2017 BY Valentina Kirilova

FCA warns against Lawson Consultancy Limited 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 Lawson Consultancy Limited. Lawson Consultancy 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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April 07, 2017 BY LeapRate Staff

Promsvyazbank's PSB-Forex becomes eighth Bank of Russia FX license recipient

LeapRate Exclusive… LeapRate has learned from filings made in Russia that the Bank of Russia has issued an eighth license to operate a retail forex brokerage operation in the country, to PSB-Forex LLC. PSB-Forex is the newly-established retail forex brokerage subsidiary of second tier Russian commercial bank Promsvyazbank. Promsvyazbank ranks eleventh in assets among Russia's largest banks,…

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April 07, 2017 BY Valentina Kirilova

CySEC releases another impersonators scam warning

Cyprus financial regulator CySEC puts out some version of a warning against impersonators appearing as CySEC officials in an attempt to scam unsuspecting investors quite often these days. CySEC again reminded investors and the general public of the following: From time to time it comes to the attention of CySEC that unknown entities or individuals present…

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April 07, 2017 BY Valentina Kirilova

FCA fines two former Worldspreads Limited (WSL) employees for market abuse

The Financial Conduct Authority (FCA) has banned and imposed financial penalties on two former Worldspreads Limited (WSL) employees. WSL, which operated a spread betting business, collapsed in March 2012. The FCA has fined WSL’s former Chief Financial Officer, Niall O’Kelly, £11,900 and former Financial Controller, Lukhvir Thind, £105,000, for engaging in market abuse and permanently…

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April 07, 2017 BY LeapRate Staff

MahiFX's Nick Mortimer speaks about the Forex solutions provider's new FCA license, and more

LeapRate Exclusive Interview... Following our exclusive coverage of Forex broker solutions provider MahiFX becoming the latest FX sector company to receive an FCA license, we are pleased to present to LeapRate readers our conversation on the topic with Nick Mortimer, Head of MFX Retail Sales for MahiFX. Does the FCA license change the way MahiFX does business?…

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Thomson Reuters (NYSE:TRI)
April 07, 2017 BY Valentina Kirilova

Thomson Reuters teams-up with Legal Geek to help advance LawTech startups

Information giant Thomson Reuters Corp (NYSE:TRI) has teamed-up with Legal Geek to help advance innovation and collaboration within the LawTech startup community. Rapid technological innovation continues to shake up the legal services industry, and LawTech startups have the potential to compete with, as well as to enhance, existing legal services offerings. Many startups aren’t innovating…

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