Valentina Kirilova
LeapRate Analyst

Experienced independent writer and journalist with a demonstrated history of working in the global online trading sector.
MAS Monetary Authority of Singapore
February 15, 2017 BY Valentina Kirilova

Monetary Authority of Singapore announces faster approvals and lower requirements for venture capital managers

The Monetary Authority of Singapore (MAS) published a consultation paper proposing a simplified authorisation process and regulatory framework for managers of venture capital funds (VC managers). The move is part of MAS’ broader efforts to promote financing for enterprise development. VC managers are an essential component of the start-up eco-system. They provide capital and expertise…

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gold
February 15, 2017 BY Valentina Kirilova

Gold scam in the form of $4 million Ponzi scheme unveiled by CFTC

The U.S. Commodity Futures Trading Commission (CFTC) announced the filing of a federal civil enforcement action in Florida charging Defendants Carlos Javier Ramirez, Gold Chasers, Inc., and Royal Leisure International, Inc., all with last known addresses in Orlando, Florida, with misappropriating customer funds and engaging in fraudulent sales solicitations in connection with the purported purchase…

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February 15, 2017 BY Valentina Kirilova

Bats One Premium market data now available through FactSet

Bats Global Markets (Bats:BATS) announced that its Bats One Premium market data product is now available for distribution across numerous FactSet products and platforms. FactSet, a global provider of integrated financial information, analytical applications and industryleading service, this month became the first distribution partner to offer this new product. Bats One Premium features five levels…

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fma warns against unregulated company
February 15, 2017 BY Valentina Kirilova

Belize regulator IFSC warns on Trendtino Limited firm

The International Financial Services Commission of Belize (IFSC) has notified that Trendtino Limited, an international business company with its registered office at No. 2 Mapp Street, Belize City, Belize C.A, is offering Payment Processing Services on its website, https://schonpay.com/ without a licence from the IFSC. Trendtino Limited is therefore directed to cease and desist from…

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February 15, 2017 BY Valentina Kirilova

ASIC cancels AFS licence of Sovereign MF Ltd (in liquidation)

ASIC has cancelled the Australian Financial Services (AFS) licence of Sovereign MF Ltd (in liquidation) ACN 104 964 555. Sovereign is the responsible entity for The Sovereign Tarneit Land Fund and The Sovereign Aged Care Property Fund (the Schemes). Sovereign was placed into liquidation on 24 May 2013 following a creditors' resolution on the basis…

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February 14, 2017 BY Valentina Kirilova

FCA reviews effectiveness of UK primary capital markets

The Financial Conduct Authority (FCA) has today published a Discussion Paper which seeks feedback on how the UK primary capital markets can most effectively meet the needs of issuers and investors. The UK’s primary capital markets support the wider economy by bringing together investors seeking investment opportunities, and issuers wanting to access capital to finance…

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ESMA bond liquidity data
February 14, 2017 BY Valentina Kirilova

ESMA writes to European Commission on MiFID II systematic internalisers operating broker crossing networks

The European Securities and Markets Authority (ESMA) has written to the European Commission to raise its concern over the potential establishment of networks of systematic internalisers (SIs) by investment firms to circumvent certain MIFID II obligations; in particular, the requirements for investment firms operating internal matching systems and executing client orders on a multilateral basis…

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