Category: Financial Services

Paxful launches wallet app, releases a series of educational workshops in Africa
April 16, 2019 BY Valentina Kirilova

Refinitiv introduces real-time coverage for West Africa’s BRVM Exchange

Refinitiv, formerly the Financial and Risk business of information giant Thomson Reuters (NYSE:TRI), announced that it has just introduced real-time coverage for the BRVM Exchange (Bourse Régionale des Valeurs Mobilières) for equity and fixed income markets. BRVM is West Africa's stock market for all eight member states in WAEMU, which includes Benin, Burkino Faso, Guinea…

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fma scam alert
April 16, 2019 BY Valentina Kirilova

New Zealand FMA warns against UFX Global Limited

The Financial Markets Authority (FMA) has just issued a public warning against a scam company called UFX Global Limited. UFX Global Limited Associated entities individuals: UFX markets, UFX bank, UFX trade Trading name: UFX Global Address: Govant Building, Kumul Highway, P.O. Box 1276 Port Vila, Vanuatu Website: www.ufx.com Phone: +35 702 503 003 14; +49…

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fca warning
April 15, 2019 BY Valentina Kirilova

FCA warns against Property Option Investing

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 Property Option Investing. Property Option Investing is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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AMF issues impersonators scam warning
April 12, 2019 BY Valentina Kirilova

French AMF issues impersonators scam warning

The Autorité des Marchés Financiers (AMF) has warned against several impersonators websites - www.lascpi.fr and www.scpi-gouv.fr. The websites are using the regulator's name and logo improperly to propose to investors investment simulators and practical guides to investment in real estate investment companies (SCPIs). The www.lascpi.fr and www.scpi-gouv.fr websites state that they offer investors investment simulators…

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fca warning
April 12, 2019 BY Valentina Kirilova

FCA warns against Aria Hope firm

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 Aria Hope. Aria Hope is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

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fca warning
April 12, 2019 BY Valentina Kirilova

FCA warns against Elcourt Ltd trading as AD Baxton

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 Elcourt Ltd trading as AD Baxton. Elcourt Ltd trading as AD Baxton is not authorised by the FCA but has been targeting people in the UK…

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fma scam alert
April 11, 2019 BY Valentina Kirilova

New Zealand FMA warns against Wildex Investment Limited

The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Wildex Investment Limited. Associated entities individuals: Wildex Investments Address: 26FL, FWD Financial Centre, 308-320 Des Veoux Road, Sheung Wan, Hong Kong Website: www.Wildexinvestment.com Phone: +85221270667 Email: [email protected] The FMA recommends exercising caution before dealing with Wildex Investment Limited and…

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FCA warning
April 11, 2019 BY Valentina Kirilova

FCA warns against Tasbir Singh

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 Tasbir Singh. Tasbir Singh is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

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DFSA
April 10, 2019 BY Valentina Kirilova

Standard Chartered Bank fined £102.2 million for poor AML controls

The Financial Conduct Authority (FCA) has announced yesterday that it has fined Standard Chartered Bank £102,163,200 for Anti-Money Laundering (AML) breaches. This is the second financial penalty for AML controls failings in less than 5 moths imposed by the regulator. In December 2018, the FCA fined the former Chief Executive Officer of Sonali Bank (UK)…

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FCA and ASIC to strengthen cooperation post-Brexit
April 08, 2019 BY Valentina Kirilova

FCA and ASIC to strengthen cooperation post-Brexit

The UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) have just announced that they have agreed two MoUs to ensure there is continuity once the UK leaves the European Union. Last week, ASIC announced that new laws are about to protect financial service consumers in Australia. According to several independent…

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