The UK Financial Conduct Authority (FCA) has put out details of several unregulated firms. The names of the latest additions to the regulator’s warning list are OMC Markets, First Allied Advisory Services, Codrington UK, Airborn Investments, FXFinest, Investor Shield, and Trade 100 FM. According to the regulator, the fraudsters are using or giving out the…
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Global provider of market data and technology tools for the financial industry Refinitiv, formerly the Financial and Risk business of information giant Thomson Reuters (NYSE:TRI), has announced that it has joined TS Marketplace. Its institutional-grade platform is now accessible within Tradesocio’s ecosystem. This integration benefits financial services providers forming the fintech company’s ecosystem in multiple ways, allowing them…
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The following article is courtesy of the liquidity and technology provider of solutions for the crypto and foreign exchange (FX) industry, B2Broker. The text below is an excerpt. Hong Kong is highly regarded as one of the best countries in the world to set up business, and thanks to its business-friendly policies, it has become…
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Australian watchdog ASIC has announced yesterday that it has banned Paul Nielsen, a former director of Endeavour Securities (Australia) Ltd and Linchpin Capital Group Ltd, from providing any financial services for a period of five years. Earlier this year, the regulator obtained orders in the Federal Court against Linchpin and Endeavour for contravening multiple provisions…
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Banking and financial services have generally been viewed as a staid and conservative sector of the business community, but technology allows no one to escape the threats of competition armed with innovative and disruptive ideas, as evidenced by the emergence of fintech. Artificial Intelligence (AI) and blockchain, along with a host of other innovation trends,…
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The Chairman of the European Securities and Markets Authority (ESMA), Steven Maijoor, has heightened concerns for liquidity risk within the asset management sector. He expressed his views at a recent speaking engagement by noting that, based on the shutting down of the Woodford fund in Great Britain, he believes that fund managers may be “flouting…
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Monetary Authority Of Singapore (MAS) has announced that Joseph Chai Ming Leong was earlier today convicted and sentenced to 4 weeks’ imprisonment for furnishing a false statement to Singapore Exchange Derivatives Trading Limited (SGX-DT). Chai was charged alongside Jimmy Ng Kian Bin and Erik Ng Song Hann to furnish a false statement to SGX-DT back…
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Fintech company Broadridge Financial Solutions, Inc. (NYSE:BR) has just announced that it has been selected by Liberty Securities Limited to streamline its post-trade processing for Hong Kong-listed equities and derivatives. Liberty Securities is licensed by the Hong Kong SFC and is a participant of the Stock Exchange of Hong Kong. The company provides brokerage services…
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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 InteliSure. According to the regulator, this firm is not authorised by the FCA and is targeting people in the UK. Based upon information the regulator holds,…
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The Cyprus regulator CySEC has announced that it has decided to withdraw the CIF licence of a company named AMFF Ltd. The Cyprus Securities and Exchange Commission announces that, on its meeting of 8th November 2019, has decided, pursuant to section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and…
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