The UK Financial Conduct Authority (FCA) has put out details of the cloned firm ETbrokers. 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…
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Derivatives marketplace CME Group (NASDAQ:CME) has just informed the public that Citi (NYSE:C) and Eaton Vance Management began clearing FX Cash-Settled Forwards at CME Group. CME has already cleared two Euro / US dollar trades on January 15, 2019. CME has recently achieved Asia Pacific average daily volume (ADV) of 921,000 contracts in Q4 2018,…
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The Dubai Financial Services Authority (DFSA) has just announced that it has just fined an individual US$52,500 (AED192, 675) and restricted him from performing any function in connection with the provision of Financial Services in or from the DIFC. Mr Andrew John Grimes did not challenge the DFSA’s findings against him back in 2017 and 2018 and did not…
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Dalian Commodity Exchange (DCE) and China Financial Futures Exchange (CFFEX) have just announced that they had been officially recognized by the China Securities Regulatory Commission (CSRC) as qualifying central counterparties (QCCPs). DCE, CFFEX as well as other major futures exchanges in China have been performing the function of central counterparties in futures trading. According to…
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The Commission de Surveillance du Secteur Financier (CSSF) has just warned the public of the activities of an internet website with an address https://luxinter.com. An entity in this website, named Guide for direction lp limited, claims to be “one of the leading fund companies” in Luxembourg. The CSSF has informed the public that Guide for…
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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 Premier FX/ Premier Exchange. Premier FX/ Premier Exchange is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Ainvestments. Ainvestments Associated entities/individuals: ESOS International Limited; Kadeky International S.R.O. Website: www.ainvestments.com Phone: +44 7 5206 40616 Email: [email protected] Reason for warning: It could be involved in a scam. The FMA believes the registration and regulation information claimed on…
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Belize financial regulator IFSC has just issued a Warning Notice regarding a company called Trading Epic. The entity is not licensed under the IFSC Act to provide, carry on, transact, or hold itself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the IFSC…
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UK financial regulator the Financial Conduct Authority (FCA) has announced that it is today consulting on guidance, which, once finalised, will set out the cryptoasset activities it regulates. With this move, the regulator aims to help firms understand whether their cryptoasset activities fall under FCA regulation. Christopher Woolard, executive director of Strategy and Competition at…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Swiss Capital Invest Holding Ltd. 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…
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