The Lenders, British Market and others added to FCA warning list LeapRate

June 29, 2020 BY Steffy Bogdanova

The Lenders, British Market and others added to FCA warning list

The Lenders Telephone: +0300010416; +44 122 739 1454 Email: [email protected]; [email protected] Website: http://thelenders.co.uk/ British Market Address: 2 Bankside London, United Kingdom Website: https://british-market.co.uk/ Citizens Advisory Address: 101 Oxford Street, Manchester, M1 5AN Website: www.citizensadvisory.co.uk FOPU (clone of FCA authorised firm) Address: Unit G25 Waterfront Studios, 1 Dock Road, London, United Kingdom, E16 1AH Telephone:…

FCA freezes Wirecard UK subsidiary, card holders cannot access their money

June 29, 2020 BY Steffy Bogdanova

Wirecard scandal leaves UK card holders without access to their money

The Anna app warned its customers that they had less than an hour to withdraw their money before all accounts of the app were frozen. Users of other fintechs received no warning. Consequently, millions of digital banking customers, including business owners have been affected and are unable to access their money. Anna and Pockit seem…

Canadian regulator BCSC warns against Highgoldminings.com, Crypto Hallmark Investment and others

June 26, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against Crypto Climax and others

Easemining offers investment plans with different rates of return and operates through website www.easemining.com. The company it is not registered to trade in securities or derivatives in BC. LAT Foundation Limited (LAToken) allegedly operates from Moscow, Russia through website http://www.latoken.com. The company offers offers an online cryptocurrency trading platform. However, LAToken is not registered as an exchange or a dealer in…

June 25, 2020 BY Steffy Bogdanova

Whistleblower receives $125,000 award from SEC

So far, the agency has awarded over $501 million to 85 individuals for their help since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible…

June 25, 2020 BY Steffy Bogdanova

Cboe FX Markets launches central limit order book

Jonathan Weinberg, Head of Cboe FX said: With no average daily volume requirements, Cboe FX Central provides a more democratic model to access real-time data than the current primary markets where real-time data is provided to those that execute a certain monthly volume threshold. Any market participant on Cboe FX Central, regardless of the size…

June 25, 2020 BY Steffy Bogdanova

Options deploys colocation expansion in Australia

Options enables trading at hundreds of venues across the globe with fully managed colocation services available along with the company’s application management solution, incorporating hosting with rapid time to market, TCO reduction, and best-in-class resiliency and security. The announcement comes after additional expansion of Options’ business operations across New Zealand, Australia and Asia. Options’ Chief…

June 24, 2020 BY Steffy Bogdanova

Frisky Loans, FIRST BROKERS and others added to FCA warning list

Frisky Loans Email: [email protected]; [email protected] Website: https://www.friskyloans.co.uk/ FIRST BROKERS Address: Tera Holding Ltd, Flat A, 15F Hillier Comm, Bldg 65-67 Bonham Street East, SheunDetails provided areg Wan, Hong Kong. Telephone: +44-2038-852-011, 020 8068 0274, +272-1204-8669, +8-5-239-733-927 Email: [email protected], [email protected] Website: www.fbrokers.com AnyTrades / www.anytrades.com / www.anytradesconsulting.com Telephone: +45 78 150 480; +44 203 670 0079;…

June 24, 2020 BY Steffy Bogdanova

New Zealand FMA adds WDC Markets, Intrgroup and others to its warning list

The New Zealand watchdog found that WDC Markets are withholding client funds a the company is not a registered financial service provider in New Zealand. WDC Markets is also listed in the warning list of the Spanish National Securities Market Commission. The FMA alleges that Intrgroup and its associated website may be operating a scam. Other overseas regulators…

June 23, 2020 BY Steffy Bogdanova

Former Melbourne director of Quantum charged with insider trading

The Australian regulator ASIC alleged that at the time Kimelman was in possession of inside information concerning the intention by Quantum (now Nova Minerals Limited) to acquire Manitoba Minerals Pty Ltd, which had agreed to acquire an interest in a lithium resource in Canada. At the time of the alleged offences, the charges of insider…

CBA welcomes Square Peg and Zetta as strategic partners for new digital service

June 23, 2020 BY Steffy Bogdanova

CBA and Colonial First State sued for breached of the conflicted remuneration ban

The Australian regulator alleges that the arrangements between CBA and CFSIL breached the ban on conflicted remuneration as the arrangements could influence the choice of financial product recommended by CBA to retail clients or the financial product advice. ASIC is looking for civil penalties against CBA and CFSIL. The maximum penalty could go up to…

Category: Financial Services