The Financial Stability Board (FSB) has just published the 2018 list of global systemically important banks (G-SIBs) using end-2017 data and an assessment methodology designed by the Basel Committee on Banking Supervision (BCBS). One bank (Groupe BPCE) has been added to the list and two banks (Nordea and Royal Bank of Scotland) have been removed…
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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 Goose Investments. Goose Investments is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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The Bank of Canada, Bank of England and Monetary Authority of Singapore (MAS) have today jointly published a report which assesses alternative models that could enhance cross-border payments and settlements. The report examines existing challenges and considers alternative models that could in time result in improvements in speed, cost and transparency for users. The report,…
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Australian regulator ASIC has reported on its latest review of the impact of high-frequency trading in the Australian equity and Australian-US dollar cross-rate markets. The review builds on ASIC's 2013 and 2015 analysis of high-frequency trading. Notable findings from the review, outlined in Report 597 High-frequency trading in Australian equities and the Australian–US dollar cross…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm GMT Crypto. 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…
Read moreThe Securities and Exchange Commission (SEC) has informed that it has brought additional charges against a Long Island, New York-based boiler room previously sued for defrauding elderly and unsophisticated investors. The latest charges allege that First Choice Healthcare Solutions Inc. CEO Christian Romandetti, the boiler room, and four others, manipulated the company’s shares generating more…
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If you are looking for the story: "Rob Coole talks about the IPC Connexus platform" click here The mid 2017 sale of once-leading Binary Options broker anyoption to Invest.com has led to a pair of lawsuits being filed in both Cyprus and Israel, with competing claims of fraud being bandied about by both anyoption's…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Avant Finance. 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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Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech firm and recent addition to the S&P 500® Index, has just announced a strategic partnership with Tableau Software, delivering enhanced analytics and visualization capabilities to Broadridge’s investment management clients. Clients will have seamless integration between the Broadridge Investment Management Data Warehouse and Tableau to provide self-service access…
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Pepperstone Limited, the London based FCA regulated arm of leading Australian Retail FX brokerage group Pepperstone, has indicated in regulatory filings that the company brought in £4.98 million (USD $6.4 million) from CFD commissions and spreads for the fiscal year ended June 30, 2018, the company's first full year of operation. The company grew its…
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