Category: Financial Services

ASIC office
January 17, 2019 BY Valentina Kirilova

Advanced Wealth Financial Services charged with providing unauthorized financial services

Australian regulator ASIC has just announced that it has charged Richard Gardner, a credit representative and former financial adviser, and Advanced Wealth Financial Services Pty Ltd with unauthorized financial services offering. The company and Gardner are carrying on a financial services business without being authorized or licensed to do so. Advanced Wealth Financial Services is…

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fca warning
January 16, 2019 BY Valentina Kirilova

FCA warns against Hildebrand Capital Partners

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 Hildebrand Capital Partners. Hildebrand Capital 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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ASIC imposes additional conditions on Kaz Capital's AFS license
January 16, 2019 BY Valentina Kirilova

ASIC imposes additional conditions on Kaz Capital's AFS license

Australian regulator ASIC has just announced that it has imposed additional conditions on the Australian Financial Services (AFS) license of the company Kaz Capital Pty Ltd (Kaz). The additional conditions require the appointment of an independent expert, who will review the company's compliance framework, provide recommendations for remediation, and report to both ASIC and Kaz in June…

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SEC charges nine hackers and traders in Edgar hacking case
January 16, 2019 BY Valentina Kirilova

SEC charges hackers, traders and entities in Edgar hacking case

Back in September 2017, LeapRate reported that the Securities and Exchange Commission (SEC)' EDGAR system data has been hacked. Some individuals have extracted a nonpublic information to use for illegal trading, or as SEC Chairman Jay Clayton issued in his statement back then - the data may have been used for “illicit gain through trading”.…

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cysec cif license
January 15, 2019 BY Valentina Kirilova

CySEC issues warning regarding unregulated entities

Cyprus financial regulator CySEC has just made an announcement regarding several unregulated websites. The unregulated entities can be seen below: www.worldtrustinvest.com www.eurotradeinvestmentsrgb.com Coinoptionstrade.com The websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5…

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fca warning
January 15, 2019 BY Valentina Kirilova

FCA warns against Axiom Equity Research Corporation

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 Axiom Equity Research Corporation (not to be confused with AxiomSL). Axiom Equity Research Corporation is not authorised by the FCA but has been targeting people in…

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DTCC Data Repository (Ireland) PLC registers with ESMA as a trade repository
January 15, 2019 BY Valentina Kirilova

Global Property Research approved as EU-regulated Benchmark Administrator

Global Property Research (GPR) has just announced that it has been approved as an registered Benchmark Administrator under the European Benchmarks Regulation (BMR). The Dutch Authority for Financial Markets (AFM) has granted the registration, which is recognised by The European Markets and Securities Authority (ESMA), on its register of approved Benchmark Administrators. GPR is subject…

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TMX Group
January 15, 2019 BY Valentina Kirilova

TMX Group announces steady financing activity in December

TMX Group (TSX:X) has announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for December 2018. TSX welcomed five new issuers in December 2018, compared with nine in the previous month and five in December 2017. The new listings were four exchange traded funds and one life sciences company. Total…

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