Category: Financial Services

fca warning
March 27, 2020 BY Steffy Bogdanova

ISA Finder UK, My Investment Market and others added to FCA warning list

ISA Finder UK Website: www.isafinderuk.com/ My Investment Market Website: www.myinvestmentmarket.com/lander/?msclkid=18af8c0a86dd1b4c9e0fd26d205c2820 Phillip Capital UK (clone of FCA authorised firm) Website: http://www.phillipcapitaluk.cn Avenir Epargne (clone of FCA authorised firm) Address: 12 place de La Défense, 92974 Paris Telephone: +33 9 71 08 18 08, +44 203 828 71 89 Email: [email protected] Website: http://www.avenir-epargne.com Be aware that the…

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ASIC office
March 27, 2020 BY Steffy Bogdanova

The Australian Federal Court finds directors of Storm Financial in breach of duties

The company collapsed in early 2009 and around 3,000 of its 14,000 clients were in negative equity positions, sustaining significant losses. The majority of investors in Strom Financial were retired or approaching and planning their retirement. They had limited income, few assets and little chance of rebuilding their financial position after the failed investments. ASIC…

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March 26, 2020 BY Steffy Bogdanova

UK regulators issue a joint letter to the UK banks to protect the UK economy and jobs

The UK regulation authorities announced last week a set of unprecedented measures to support UK businesses and protect jobs: For large firms of investment grade or equivalent, the COVID Corporate Financing Facility (CCFF) will provide additional help to address disruptions in the cashflow caused by the Covid-19 pandemic. For small and medium-sized businesses (SMEs), the…

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March 25, 2020 BY Steffy Bogdanova

Refinitiv expands partnership with ModuleQ and invests in its app

The partnership will allow the companies to integrate selected Refinitiv content. This content may include Aftermarket Research and Company Profiles. This will enable the ModuleQ app to extract important business observation and understanding related to the fast-changing priorities of individual users. Ben Shepherd, Chief Strategy and Innovation Officer at Refinitiv said: The difference between winning…

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fca warning
March 25, 2020 BY Steffy Bogdanova

Parantoux Trading, Capital Seven and others added to FCA warning list

Parantoux Trading Address: Two International Finance Centre 8 Finance Street, Central, Hong Kong; 745 Fifth Avenue, Suite 500, New York, NY 10151; Level 42, Suntec Tower Three 8 Temasek Boulevard Singapore 038988; GBC, 12 Tuckey's Lane, Gibraltar GX11 1AA Telephone: +85258033608; +13472693170; +6531580466; +35022504016 Email: [email protected]; [email protected]; [email protected]; [email protected] Website: www.parantouxtrading.com Capital Seven / Capital…

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March 25, 2020 BY Steffy Bogdanova

New Zealand FMA adds Tung Shun Securities and AB Research Partners to its warning list

The agency reported to have received a report from a New Zealand resident who was cold-called by Tung Shun Securities Limited regarding investment opportunities in AB Research Partners Inc. Neither of the two companies, Tung Shun Securities Limited and AB Research Partners Inc, has been registered as a financial service provider in New Zealand. The companies are…

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March 25, 2020 BY Steffy Bogdanova

SEC charges penny stock dealer for failing to register

Carolyn Welshhans, Associate Director in the Division of Enforcement stated: The privilege of being a dealer in our securities market comes with important responsibilities and regulatory obligations, including submitting to regulatory inspections and oversight of operations. By failing to register with the Commission, Mr. Keener evaded important safeguards that help protect the integrity of our…

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