New Zealand FMA adds Orion Holdings Capital Management and OH Capital to its warning list LeapRate

December 11, 2019 BY Valentina Kirilova

New Zealand FMA adds Orion Holdings Capital Management and OH Capital to its warning list

New Zealand Financial Markets Authority (FMA) has recently added another name to its list of unregulated firms. The latest additions are the companies Orion Holdings Capital Management and OH Capital. The regulator recommends exercising caution before dealing with Orion Holdings Capital Management (OHCM), OH Capital and their websites www.ohcmgmt.com, and https://ohcapital.com/. The business address in…

December 11, 2019 BY Valentina Kirilova

UK regulatory watchdog strikes back with fines of nearly £400 million

Commentators may no longer be able to accuse the Financial Conduct Authority (FCA), the UK’s regulatory watchdog, of taking too light an approach on fraud and financial related crimes. The regulatory agency has thus far in 2019 meted out £391.8 million in fines and penalties, its highest level in over four years. According to Jonathan…

December 10, 2019 BY Valentina Kirilova

Euronext to sell its 20% minority stake in EuroCCP to Cboe Global Markets

Euronext, the pan-European exchange, has announced that it has entered into a binding agreement to sell its 20% minority stake in EuroCCP to Cboe Global Markets, alongside the other current EuroCCP shareholders. The exchange informed that it will continue to leverage its long term derivatives clearing agreement with, and its 11.1% equity stake in, LCH…

December 10, 2019 BY Valentina Kirilova

ASIC suspends Australian Golden Securities Ltd's AFS licence

Australian regulator ASIC has announced earlier today that it has suspended the Australian financial services (AFS) licence of Melbourne-based financial services provider Australian Golden Securities Ltd (formerly known as AFS Capital Securities Ltd). ASIC found that Australian Golden Securities failed to: lodge its accounts and audit report as a licensee for the year ending 30…

December 10, 2019 BY Valentina Kirilova

More unregulated firms warnings from UK's watchdog this week

The UK Financial Conduct Authority (FCA) has put out details of more unregulated firms this week. The names of the latest additions to the regulator’s warning list are the companies Arrows Financial Corporation, Blue Moon Loans, Pool Forex Investments, as well as clone firm Crypt Mill Broker Limited. According to the regulator, this firms are…

December 09, 2019 BY Valentina Kirilova

AccessFintech teams up with Citi, Credit Suisse, Goldman Sachs and J.P. Morgan

AccessFintech has just announced that it has teamed up with with four leading investment banks and it has completed its production launch and is live with a new industry use case, to meaningfully enhance and improve the market’s settlement exception resolution process. Citi, Credit Suisse, Goldman Sachs and J.P. Morgan have jointly launched an industry-wide…

Eurex enhances European ETF ecosystem with new product

December 09, 2019 BY Valentina Kirilova

Eurex to launch EUR-denominated fixed income ETF options

Eurex, part of Deutsche Börse Group, has announced today that it will extend its pioneering role in ETF derivatives. Europe’s derivatives exchange will be the first to launch EUR-denominated fixed income ETF options on 9 December. The two underlying ETFs – iShares EUR High Yield Corporate Bond ETF (IHYG LN) and iShares Core EUR Corporate…

December 09, 2019 BY Valentina Kirilova

UK FCA warns against Claim Yours Limited company

The UK Financial Conduct Authority (FCA) has put out details of another unregulated firm yesterday. The name of the latest addition to the regulator’s warning list is the company Claim Yours Limited. According to the regulator, this firm is not authorised by the FCA and is targeting people in the UK. Based upon information the…

December 09, 2019 BY Valentina Kirilova

Forbes analysts see Fintech absorbed by 5 ongoing debates in the 2020s

It was not that long ago that the phrase “fintech” would have fallen on deaf ears, but in recent years, our lives have been re-ordered in a way by computer programs, apps, and technology that have taken our banking and financial services to new levels. The digital age has ignited a number of debates between…

December 08, 2019 BY Mariela Naydenova

Former JPMorgan banker testifies for cartel prosecution: there was no agreement

On Friday, December 6th, in a prosecution hearing against a potential criminal cartel case involving Deutsche Bank AG and Citigroup INC, the former JPMorgan head of markets, Jeff Herbert-Smith, served as a prosecution witness claiming that the banks never colluded in the first place. The testimony actually served as a blow to the prosecution case…

Category: Financial Services

New Zealand FMA adds Orion Holdings Capital Management and OH Capital to its warning list

UK regulatory watchdog strikes back with fines of nearly £400 million

Euronext to sell its 20% minority stake in EuroCCP to Cboe Global Markets

ASIC suspends Australian Golden Securities Ltd's AFS licence

More unregulated firms warnings from UK's watchdog this week

AccessFintech teams up with Citi, Credit Suisse, Goldman Sachs and J.P. Morgan

Eurex to launch EUR-denominated fixed income ETF options

UK FCA warns against Claim Yours Limited company

Forbes analysts see Fintech absorbed by 5 ongoing debates in the 2020s

Former JPMorgan banker testifies for cartel prosecution: there was no agreement

S&P Dow Jones Indices Agrees Deal to Acquire ARC Research

EXANTE Launches AI-Powered News Aggregator

UBS and LSEG Partner: Bank to Adopt Data and Analytics Solutions

First Southern Fined $250,000 by FINRA Over Compliance Failures

Daman Markets Unveils Dirham-Based UAE Stock Trading