UN report says North Korea laundered $2 billion theft via Hong Kong firm
December 14, 2018 BY Valentina Kirilova

Belgium regulator FSMA warns against Saga Nagoya Securities

The Financial Services and Markets Authority (FSMA) has just issued a warning against the irregular activities of Saga Nagoya Securities. Saga Nagoya Securities Addresses: 40F Midtown Tower, 9 Chome-7-1 Akasaka, Minato, Tokyo, Japan 56F Shanghai Tower, 501, Yincheng Middle Road, Pudong, Xinqu, Shanghai Shi, China Website: www.snscredit.com Email: [email protected]; [email protected] Tel.: +81 3 4578 8350…

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BIS announces key appointments in Singapore and Switzerland
December 14, 2018 BY Valentina Kirilova

JP Morgan's Richard Berliand joins TP ICAP's Board as Chairman

TP ICAP plc has just announced that Richard Berliand will join the Board as a Non-Executive Director and Chairman designate during the first quarter of 2019. Mr Berliand is a global markets professional with a 23-year career at JP Morgan. Prior to his retirement in 2011 he served as Managing Director, leading the global cash equities…

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bscs warning
December 14, 2018 BY Valentina Kirilova

French AMF warns against a number of unauthorised crypto websites

The Autorité des marchés (AMF) has just warned the public against the activities of several unauthorised crypto websites. The regulator, along with the Autorité de contrôle prudentiel et de resolution (ACPR), have published a list of these websites and entities offering trading of investments on cryptocurrency derivatives without authorisation in France. The list can be…

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FCA publishes new rules on handling complaints about APP fraud
December 14, 2018 BY Valentina Kirilova

FCA publishes new rules on handling complaints about APP fraud

Last month, the Financial Conduct Authority (FCA) has contributed to the Payment Systems Regulator (PSR) paper on Authorised Push Payment Scams. Following a super-complaint by Which?, the consumer watchdog, the regulators found that receiving PSPs could do more to identify fraudulent incoming payments and prevent accounts from being compromised by fraudsters. The FCA has today published new rules allowing…

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Crypto ICOs showing a comeback, after major drop off in 2018
December 14, 2018 BY Valentina Kirilova

U.S. Congressman plans legislation to classify ICOs as “Products”

Initial Coin Offerings (ICOs) have gotten a bad reputation due to rampant fraud and the lack of transparency. Regulators, in their attempt to protect unsuspecting investors, have launched attacks to classify all cryptocurrencies, with the exception of Bitcoin and Ether, as securities and thereby subject to more stringent registration and disclosure requirments. The SEC has…

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fca fine
December 14, 2018 BY Valentina Kirilova

UK investment professional Angela Burns fined £20.000 by the FCA

UK financial regulator Financial Conduct Authority (FCA) has just announced that it has fined the UK investment professional Angela Burns £20,000. The regulator has also banned her from acting as a non-executive director. The official and complete FCA announcement can be seen below: The Financial Conduct authority (FCA) has banned Angela Burns from acting as a non-executive director (NED)…

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FXCM fx volumes leucadia logo
December 14, 2018 BY Valentina Kirilova

FXCM Group reports 64% of orders executed at price in November

Retail forex broker FXCM Group, LLC has today released execution data for November 2018. The company has recently added three new CFD products, including Commodity CFDs and the Index CFD US2000. November 2018 All Instruments Highlights: 64.0% of orders executed at price 24.7% of orders executed with positive slippage 11.3% of orders executed with negative…

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Monax launches blockchain-based Marmota Prime game
December 14, 2018 BY Valentina Kirilova

Monax launches blockchain-based Marmota Prime game

Digital legal infrastructure company Monax has just announced the launch of its first blockchain-based game. The name is Marmota Prime and its about winning donations in kind to charitable organisations, such as The Salvation Army, Toys for Tots and Edinburgh's Royal Hospital for Sick Children. Beginning today, new challenges will launch on the platform every 24 hours until…

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Tools For Brokers adds Brokers’ Business Intelligence to its Gold package
December 14, 2018 BY Valentina Kirilova

Tools For Brokers adds Brokers’ Business Intelligence to its Gold package

Tools For Brokers, a provider of fintech solutions for the crypto and forex industry, has just included the basic version of Brokers’ Business Intelligence in the company’s Gold package. Brokers’ Business Intelligence is a cross-functional risk management and business analytics service: the basic version of product includes efficient toolkits for money management and decision making.…

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