December 18, 2016 BY LeapRate Staff

Unlicensed CFD broker StoxMarket receives warning from Canadian securities regulator BCSC

Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated CFD broker StoxMarket at website stoxmarket.com, owned and operated by Marketier Holdings Limited. According to the BCSC, StoxMarket claims to be based in…

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December 16, 2016 BY Valentina Kirilova

FCA warns on clone firm of Keiron Partners

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Keiron Partners. 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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December 16, 2016 BY Valentina Kirilova

FCA warns on clone firm of Penflow Ltd.

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Penflow Ltd. 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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December 16, 2016 BY Valentina Kirilova

FCA warns on Sigma Option / BR23 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 Sigma Option / BR23 Limited. Sigma Option / BR23 Limited is not authorised by the FCA but has been targeting people in the UK and is…

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December 16, 2016 BY Valentina Kirilova

FSB consults on proposed guidance to support resolution planning and promote resolvability

The Financial Stability Board (FSB) has today issued for consultation two proposals for guidance on the implementation of its resolution standards which form part of the overall policy framework to end “too-big-to-fail”. Consultation on Guiding Principles on the Internal Total Loss-Absorbing Capacity of G-SIBs (Internal TLAC) G20 and FSB members made a commitment last year…

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December 16, 2016 BY LeapRate Staff

ESMA Q&A update on MiFID II focuses on best execution of OTC products

Pan European regulatory authority ESMA has added new Q&As on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). MiFID II applies from January 2018 and will strengthen the protection of investors by both introducing new requirements and reinforcing existing ones. The purpose of the Q&A is…

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