Exclusive: muinmos selected to participate in the FCA Regulatory Sandbox LeapRate

April 30, 2019 BY Valentina Kirilova

Exclusive: muinmos selected to participate in the FCA Regulatory Sandbox

LeapRate Exclusive... LeapRate has learned that automated regulatory compliance specialist muinmos has been selected to participate in the fifth cohort of the FCA’s Regulatory Sandbox. The Danish RegTech organisation uses Artificial Intelligence (AI) techniques to help financial institutions to categorise and validate regulatory compatibility for a range of financial products and services on a national…

April 30, 2019 BY Valentina Kirilova

Deutsche Börse Group announces solid start of the year in its Q1 2019 revenues report

Deutsche Börse AG has released its first quarter results for 2019. Highlights include: Net revenue of €720.8 million, up 4% YoY (Q1/2018: €691.6 million). Deutsche Börse achieved approximately 5% growth of the secular net revenue, in line with its guidance. Adjusted operating costs of €248.6 million Operating costs were adjusted for non-recurring effects totalling approximately…

Bank of China (UK) Limited joins LCH’s SwapClear

April 30, 2019 BY Valentina Kirilova

Italian Banca IMI joins LCH's CDSClear service

The clearing house LCH has just announced that the investment bank of Intesa Sanpaolo Group, Banca IMI, has joined its CDSClear service. Banca IMI will now have access to clearing of credit derivatives referencing both Single Names and Indices, and is the first Italian member to join the clearing service. Banca IMI is already a…

April 30, 2019 BY Valentina Kirilova

FCA warns against Walton Securities LLC

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 company Walton Securities LLC. Walton Securities LLC is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

April 30, 2019 BY Valentina Kirilova

Crypto’s worst cynics have failed to discourage institutional investors

Despite Crypto Winter and the icy cynicism of Crypto-Land’s worst critics, all indications are that institutional investors have not been discouraged enough by opposing rhetoric to abandon the space altogether. Quite the contrary is true, as several key indications of participation continue to expand, as if focused on a convergence sometime in the near-term future.…

April 29, 2019 BY Mariela Naydenova

IOTA - the reward for helpful car drivers - a project by Jaguar Land Rover

Cryptocurrencies have been used in almost every shape and form for almost every purpose one can think of - from rewarding loyal clients in Starbucks to tracking how diamonds are mined in Africa. Now, the newest interesting project comes from the largest UK car manufacturer, Jaguar Land Rover. On April 29th, the company announced that…

April 29, 2019 BY Valentina Kirilova

Daily Market News: Crypto Winter is over

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 29, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: NY AG Pursues Bitfinex & Tether: The crypto market dipped on the news that the New York…

April 29, 2019 BY Valentina Kirilova

Daily market commentary: The Euro is recovering some ground against the US Dollar

ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 29, 2019. Forex The Euro is finding support and recovering some ground against the US Dollar, reaching $1.1166, following the victory of the centre left party led by current prime minister Pedro Sanchez in yesterday’s Spanish election. In a contest that saw…

April 29, 2019 BY Valentina Kirilova

New Zealand FMA warns against FFS Markets Limited

The Financial Markets Authority (FMA) has just issued a public warning against a scam company called FFS Markets Limited. FFS Markets Limited Associated entities: FFS Markets Limited Trading name: Forex FS Group Website: www.forexfs.cn Phone: +61488892068 Email: [email protected] The regulator notified that it is concerned that Forex FS Group is claiming to be licensed or…

April 29, 2019 BY Valentina Kirilova

FCA warns against Loanski Finance Limited clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loanski Finance Limited. 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…