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 Arc Protection Limited. Arc Protection Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Australian regulator ASIC has informed earlier today that it has cancelled Melbourne based retail OTC derivative issuer, Berndale Capital Securities Pty Ltd’s (Berndale) Australian Financial Services (AFS) license. The official reasons ASIC pointed out are that Berndale: failed to take reasonable steps to ensure that its representative complied with financial services laws; failed to have…
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Paytend Technology, a Chinese company developing and selling financial services software, has just announced that it has chosen Vilnius, Lithuania, for its European headquarters. The company plans to hire up to 50 highly qualified professionals in the fields of sales marketing, compliance, product development and customer support in the following 3 years. Obtaining an electronic…
Read moreThe Financial Conduct Authority (FCA) has announced today that it has published its EU Withdrawal Impact Assessment. The Treasury Select Committee requested the FCA to assess the impact of the UK’s exit from the EU across three areas: The UK leaves the EU without an agreement either on 29 March 2019 or after the transitional…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Equistone Volkswagen AG. 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…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Capital Partner Group. 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…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called BrighterTrade. BrighterTrade Date: 28 November 2018 Address: Harju maakond, Tallinn, Kesklinna Linnaosa, Roosikrantsi tn 2-K367, 10119 ESTONIA Website: www.brightertrade.com Email: [email protected] or [email protected] Reason for warning: BrighterTrade could be involved in a scam. FMA noted a recent warning published by…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Fernpool Holdings 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 their tactics…
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Cyprus financial regulator CySEC puts out some version of a warning against impersonators appearing as CySEC officials in an attempt to scam unsuspecting investors quite often these days. CySEC has already issued several warnings like this - two times back in 2017, as well as June, November, and October 2016. CySEC again reminded investors and…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Capital Markets. 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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