UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Collier Consulting Group LLC. Collier Consulting Group LLC is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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TMX Group has announced earlier this week its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for May 2019. TSX welcomed 14 new issuers in May 2019, compared with three in the previous month and 23 YoY. The new listings were 10 exchange traded funds, two life sciences companies, one mining…
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UK financial regulator Financial Conduct Authority (FCA) has issued several warnings against unregulated financial services providers targeting UK consumers. The FCA’s latest warnings include the companies Hedge Prestige Bank and Stepsworth Consulting Group; as well as the clone firms Everyday Loans, ECM Asset Management Limited, HG Financial Management Co - Huber Gustav, Van Gossum Consult,…
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Last week Tokyo Financial Exchange (TFX) has released its trading volumes report for the month of May 2019. You can see the highlights below: Interest Rate Futures contracts The trading volume of Three-month Euroyen futures was 41,650 ( - 27.7% MoM / - 53.4% YoY ) and its average daily volume was 2,192. 項目 May…
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The deed is done. Financial ministers of the G20 group have now decided to confront the crypto industry with tough new rules related to Know Your Customer (KYC), Anti-Money Laundering (AML), and Counter the Funding of Terrorism (CFT), much as is now required of banks across the globe. The Financial Action Task Force (FATF) spent…
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The Greenwich Associates, a global provider of data, analytics and insights to the financial services industry, has informed today that, during its last report, it has examined the final phase of uncleared margin rules (UMR) and noted that it could trigger a shift in FX options trading from OTC to exchange-based trading. UMR, which is…
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The Hong Kong Securities and Futures Commission (SFC) informed that it has reprimanded China Merchants Securities (HK) Co., Limited (China Merchants). The regulator has also fined the company $5 million for regulatory breaches and internal control failings related to mishandling of client money. 800 incidents happened between 1 October 2011 to 30 September 2014, where…
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UK financial regulator Financial Conduct Authority (FCA) has issued several warnings against unregulated financial services providers targeting UK consumers. The FCA’s latest warnings include the companies CFD Premium, Key Markets Limited, and TurnFX / Turn FX. The FCA has once again strongly advised individuals to only deal with financial firms that are authorised by the…
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The Cyprus regulator CySEC has just issued a consultation, mirroring ESMA’s last year restrictions on the marketing, distribution and sale of contracts for difference CFDs. LeapRate reminds that in April the Dutch AFM has also made some changes regarding the marketing, distribution or sale of Binary Options and CFDs to retail investors in and from The Netherlands. Since…
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Busy week for the UK Financial Conduct Authority (FCA), as it has put out details of several more clone firms yesterday. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as…
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