Busy Friday for the UK regulator FCA, as it has just released another announcement that it has agreed Memoranda of Understanding (MoUs) with ESMA and EU regulators. The FCA has explained earlier today how it would use the temporary transitional power in an UK leaves the European Union without a withdrawal agreement scenario. The MoUs cover cooperation…
Read more
The UK Financial Conduct Authority (FCA) has issued an announcement earlier today how it would use the temporary transitional power in an UK leaves the European Union without a withdrawal agreement scenario. Nausicaa Delfas, Executive Director of International at the Financial Conduct Authority said: The temporary transitional power is an important part of our contingency…
Read more
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 Heritage Acquisitions. Heritage Acquisitions is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
Read more
Cyprus financial regulator CySEC has warned the public that emails are being sent by unidentified sources, illegally using the logo or the name of CySEC. These impersonators emails seek payment of so-called outstanding sums to or from the Commission. This is not the first time CySEC issues an impersonators scam warning. The regulator has already issued…
Read more
Australian regulator ASIC has just announced that it has cancelled the Australian financial services (AFS) license of Sydney-based Jade Capital Partners Pty Ltd. The regulator has also banned one of the company's directors, James Clinnick, from providing financial services for a period of four years. ASIC uncovered a non-compliance with financial services laws at Jade…
Read more
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 Chesterfield Credit Union. Chesterfield Credit Union is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm London E-Management. 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…
Read more
The Securities and Exchange Commission (SEC) has announced that a federal court in Florida has fined Woodbridge Group of Companies LLC and its former owner Robert H. Shapiro $1 billion. They have been charged with operating a Ponzi scheme that targeted retail investors. Woodbridge and its 281 related companies will have to pay $892 million…
Read more
The Financial Markets Authority (FMA) has just issued a public warning against a scam company called TradeFintech. TradeFintech Website: www.tradefintech.com Phone: +27 212053114; +27 510117127; +62 85574670770; +381 113216895; +7 4996091299 Email: [email protected] Reason for warning: The regulator is concerned that TradeFintech may be operating a scam and accordingly advise New Zealand residents to exercise…
Read more
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…
Read more