Swiss multinational investment bank and financial services company UBS AG has been fined £27,599,400 by the UK financial regulator the Financial Conduct Authority (FCA). The company failed relating to 135.8 million transaction reports between November 2007 and May 2017. Mark Steward, FCA Executive Director of Enforcement and Market Oversight said: Firms must have proper systems…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Terium Gestium. 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…
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The U.S. Commodity Futures Trading Commission (CFTC) today revealed that the U.S. District Court for the Western Division of California’s Central District entered an order granting the CFTC’s submission for a default judgment (Order) accompanied by a judgment aligned with the Order (Judgment) against the accused Jin Choi (Choi), who is a Republic of South…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Sucden Financial. 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…
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Hong Kong’s Securities and Futures Commission (SFC) today issued an official reprimand of BOCI Securities Limited (BSL) and fined the company HK$10 million due to its internal controls and systems failures in the selling of its investment products. The disciplinary measures issued by the SFC followed an official investigation where it was discovered that BSL…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Schurz Helmut. 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…
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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 Waterfield Consulting Group. Waterfield Consulting 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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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Financial Exchange. 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…
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The Autorité des marchés financiers (AMF) has issued a public warning against the activities of this website, www.porto-immo.com. The French regulator has warned the public about the activities of PORTO IMMO SCPI Company and its website listed above, as the two entities are inviting French citizens to invest in their reals estate investment firm (SCPI)…
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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 PT Banc. PT Banc 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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