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 SMO Investments Limited t/a The Loan Doctor. SMO Investments Limited is not authorised by the FCA but has been targeting people in the UK and is…
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Australian regulator ASIC has noted the announcement by ASX-listed Kazakhstan Potash Corporation Limited (Kazakhstan) of an $8 million reduction in a profit recognised on the issue and replacement of convertible notes in the year ended 31 December 2017. The correction will be reflected in the comparatives in Kazakhstan’s 30 June 2018 half year financial report.…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called Kensley Asset Management. Kensley Asset Management Address: 77 Knightsbridge London SW1X 7RB Website: www.kensley.co.uk Phone: +44 (20) 70434508 Email: [email protected] Reason for warning: Kensley Assessment Management is not registered on the Financial Service Providers Register to provide financial services in…
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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 Oladimeji Junior Oyefeso / Elijah Oyefeso. Oladimeji Junior Oyefeso / Elijah Oyefeso is not authorised by the FCA but has been targeting people in the UK…
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The Securities and Exchange Commission (SEC) has announced that Citigroup has agreed to pay $10.5 million in penalties to settle two enforcement actions involving its books and records, internal accounting controls, and trader supervision. The charges stem from $81 million of losses due to trader mismarking and unauthorized proprietary trading and $475 million of losses…
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Australian regulator ASIC has announced that it has disqualified Jason Andrew Hammond of Cameron Park, NSW, from managing companies for the maximum period of five years as a result of his involvement in three failed companies. ASIC found that Mr Hammond: improperly used his corporate position by causing assets to be transferred for little or…
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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 ArielBank Plc. ArielBank Plc 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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The Securities and Exchange Commission (SEC) has announced that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges that it failed to safeguard retail investor assets from theft by its representatives. According to the SEC’s order, five Ameriprise representatives committed numerous fraudulent acts, including forging client documents, and stole more than $1 million…
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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 Schroeder Law Firm. Schroeder Law Firm is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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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 E-Prospects Media JLT t/a Best Loans Direct. E-Prospects Media JLT is not authorised by the FCA but has been targeting people in the UK and is…
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