Busy week indeed for the UK regulator... the FCA has put out details of more firms today, including the FXCM Germany clone firm. 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…
Read more
Busy week for the UK regulator - FCA has put out details of more clone firms today. 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 part of their tactics…
Read more
The company is headed to LSE's AIM Market FCA regulated UK-based foreign exchange service provider Argentex (AIM: AGFX) announced its FY2019 revenue today as well as its intention to apply for admission of its entire issued and to be issued ordinary share capital to trading on the AIM market of the London Stock Exchange (“Admission”).…
Read more
The battle has been enjoined. The “cat-and-mouse-game” has come to a close. Global regulators have finally united behind new guidelines produced by the Financial Action Task Force (FATF) to mount a singular assault on the anonymity feature of blockchain technology and end their collective angst over all things crypto. Chainalysis, a respected crypto research firm,…
Read more
Derivatives marketplace CME Group announced last week total open interest (OI) reached a record 150,400,590 contracts on June 11. Since the end of 2018, overall OI has grown 30%. Interest Rate futures and options OI reached a record 109,070,205 contracts. Interest Rate OI increased 41% since the end of 2018. Overall exchange options OI reached a…
Read more
The UK regulator FCA has put out details of three 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 part of their tactics to scam people in…
Read more
Euronext, the pan-European exchange, announced that the battle for Oslo Børs VPS has finally come to an end and that it has just finalized the acquisition. Euronext has completed settlement of shares under its offers launched on 14 January 2019 and 31 May 2019. Euronext now owns 97.8% of the total issued and outstanding share…
Read more
The public blockchain platform Zilliqa just informed that it has teamed up with Monetary Authority of Singapore (MAS)-approved Widely Accepted Stored Value Facility (WA SVF), Xfers. The partnership aims to explore the use of payment solutions powered by distributed ledger technology for over 500,000 users in Southeast Asia. Xfers facilitates digital financial inclusion for online…
Read more
Australian regulator ASIC informed today that it has approved changes to the Australian Financial Complaints Authority (AFCA) Rules which give effect to the AFCA authorisation condition introduced by Government on 19 February 2019. The Government requires AFCA to give expanded access to the AFCA scheme for consumers and small businesses that were harmed by financial…
Read more
Australian regulator ASIC has earlier today released its guidance for Australian financial service (AFS) licensees about how they can mitigate the risks to their clients and business of share sale fraud. Share sale fraud is the fraudulent activity of a person who is not who they claim to be, selling shares that do not belong…
Read more