Category: Financial Services

February 25, 2019 BY Valentina Kirilova

UK and US regulators issue joint statement on post-Brexit derivatives trading

The U.S. Commodity Futures Trading Commission (CFTC) today issued a joint statement in collaboration with three U.K. regulators, which are the Bank of England (BoE), the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), regarding activities relating to the trading and clearing of derivatives between both countries after Brexit. The statement reassured market…

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asic ban
February 25, 2019 BY Valentina Kirilova

Matthew McCrow, director at Jade Capital Partners, banned by ASIC

The Australian Securities and Investments Commission (ASIC) today announced that it has banned Matthew McCrow from working in the financial services industry for five years starting 15 January 2019. McCrow was a director at Jade Capital Partners, an Australian investment company that provided managed discretionary account (MDA) products to its clients, whose license was cancelled…

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fca warning
February 25, 2019 BY Valentina Kirilova

FCA warns against FCA Investments 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 FCA Investments. FCA Investments 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
February 22, 2019 BY Valentina Kirilova

FCA warns against Wexner Consultancy Group

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 Wexner Consultancy Group. Wexner Consultancy Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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fca warning
February 22, 2019 BY Valentina Kirilova

FCA warns against Steiner and Partners 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 Steiner and Partners. Steiner and Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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fca warning
February 22, 2019 BY Valentina Kirilova

FCA warns against Harper and Brown 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 Harper and Brown. Harper and Brown is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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SFC fines
February 22, 2019 BY Valentina Kirilova

Tulving Company fined $15.8m, Director with a lifetime trading ban

The U.S. Commodity Futures Trading Commission (CFTC) revealed that U.S. District Court Judge Robert J. Conrad Jr. of North Carolina’s Western District had agreed to a Supplemental Order against Californian Resident Hannes Tulving and his firm The Tulving Company, Inc., on charges that they solicited customers on fraudulent claims related to precious metals trading, after…

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Hong Kong SFC
February 22, 2019 BY Valentina Kirilova

Hong Kong SFC updates listing rules protecting investors

The Hong Kong Securities and Futures Commission (SFC) released the current issue of its SFC Regulatory Bulletin: Listed Corporations, which included an update on how it will execute its authority as stipulated in the Securities and Futures (Stock Market Listing) Rules to protect investors. The dispatch outlined some of the recent steps taken by the…

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sec
February 21, 2019 BY Valentina Kirilova

ASIC applauds the enactment of stronger whistleblowing laws

The Australian Securities and Investments Commission (ASIC) issued a statement applauding the enactment of the Treasury Laws Amendment (Enhancing Whistleblower Protections) Bill 2018 by Parliament on 19 February 2019. According to the new laws: The definition of a whistleblower now includes former and current employees, contractors and officers as well as their spouses and children.…

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Deutsche Börse
February 21, 2019 BY Valentina Kirilova

Deutsche Börse launches ETF trading costs tracker

Deutsche Börse has today launched a new crucial indicator for ETF investors known as iXLM (intraday Xetra liquidity measure), which displays the changes in an ETF’s trading costs during the trading session each day. The new indicator will allow investors to pinpoint period when the costs of trading an ETF were at their lowest so…

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