Category: Financial Services

LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks
November 26, 2018 BY Valentina Kirilova

ASIC urges financial advisers to ensure registration by the end of 2018

The Australian Securities and Investments Commission (ASIC) has reminded financial advisers, who are currently authorised, to make sure that they are on ASIC’s Financial Advisers Register no later than 31 December 2018, before new professional standards requirements take effect. Professional standards reforms for financial advisers were introduced in March 2017 to raise the education, training…

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fca warning
November 26, 2018 BY Valentina Kirilova

FCA warns against Polarity Index / Polarity Index Wealth Management

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 Polarity Index / Polarity Index Wealth Management. Polarity Index / Polarity Index Wealth Management is not authorised by the FCA but has been targeting people in…

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moex moscow exchange
November 26, 2018 BY Valentina Kirilova

MOEX signs MoU with China International Capital Corporation

Moscow Exchange (MOEX) has announced that it has signed a Memorandum of Understanding with China International Capital Corporation (CICC), one of the largest investment banks in China. The agreement happened last Friday and aims to strengthen cooperation between Russia and China to promote investment and develop the offshore Chinese yuan market in Russia. The MoU…

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fca warning
November 22, 2018 BY Valentina Kirilova

FCA warns against Haig, Lafferty & 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 Haig, Lafferty & Partners. Haig, Lafferty & Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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ASIC applauds the enactment of stronger whistleblowing laws
November 22, 2018 BY Valentina Kirilova

Danske Bank money-laundering whistleblower’s attorney to testify before European Parliament

The attorney for Danske Bank money-laundering whistleblower Howard Wilkinson has been invited to testify before the European Parliament’s Special Committee on Financial crimes, Tax Evasion and Tax Avoidance in Brussels, Belgium as an expert witness on whistleblower rights. Wilkinson, a former employee at Danske Bank’s Estonia office, uncovered a massive money-laundering scandal involving billions of…

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clone firm FCA warning
November 22, 2018 BY Valentina Kirilova

FCA warns against BlackRock Alliance LP clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm BlackRock Alliance LP. 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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sec
November 21, 2018 BY Valentina Kirilova

ASC adds a whistleblower program to its enforcement toolbox

The Alberta Securities Commission (ASC) has announced the creation of its whistleblower program and the Office of the Whistleblower (OWB) through the adoption of ASC Policy 15-602 Whistleblower Program and accompanying amendments to the Securities Act (Alberta) (contained within Bill 20). The program allows whistleblowers to safely and easily report potential breaches of Alberta securities…

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