Category: Financial Services

Japan
November 14, 2018 BY Valentina Kirilova

LCH receives licence to clear FX NDFs in Japan

LCH, a global clearing house, has announced that it has received approval for an extension to its clearing licence from the Japanese Financial Services Agency (FSA). The licence extension was granted on 31 October 2018 and enables LCH’s ForexClear service to clear FX non-deliverable forwards (NDFs) on behalf of banks and clients based in Japan.…

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asic bans
November 14, 2018 BY Valentina Kirilova

ASIC bans former Perth financial services representative

Australian regulator ASIC has just announced that it has permanently banned Mr Craig James Wilson from providing financial services and engaging in credit activities, after he was convicted by the District Court of Western Australia for four counts of stealing. Between 25 October 2017 and 23 January 2018, four of Mr Wilson’s clients received payments…

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ESMA consults on future guidelines for Money Market Funds’ disclosure
November 13, 2018 BY Valentina Kirilova

ESMA consults on future guidelines for Money Market Funds’ disclosure

Starting from the end of the first quarter of 2020, European money market funds will have to disclose certain information under the Money Market Fund Regulation (MMFR) to their National Competent Authorities (NCAs). To facilitate funds’ regulatory disclosure, the European Securities and Markets Authority (ESMA) has opened today a public consultation on draft guidelines providing…

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November 13, 2018 BY Valentina Kirilova

B3 and Shanghai Stock Exchange launch market data cooperation

Brasil, Bolsa, Balcão (B3) and Shanghai Stock Exchange have announced that they have officially launched market data cooperation. SSE InfoNet Co., Ltd. (InfoNet), the wholly owned subsidiary of Shanghai Stock Exchange, together with its subsidiary in Hong Kong-China Investment Information Services Limited (CIIS) will act as the administer and official distributor of B3 market data…

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Frankfurt Stock Exchange
November 13, 2018 BY Valentina Kirilova

New Green Bond segment on the Frankfurt Stock Exchange

Deutsche Börse has announced that it has launched a new segment for green bonds on the Frankfurt Stock Exchange. It currently includes about 150 bonds that comply with the Green Bond Principles of the International Capital Markets Association. With its offering, Deutsche Börse is responding to the globally increasing demand for sustainable financing. Investors valuing…

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warning
November 12, 2018 BY Valentina Kirilova

New Zealand FMA warns against CCM Clearing Limited

The Financial Markets Authority (FMA) has just issued a warning against a scam company called CCM Clearing Limited. CCM Clearing Limited Associated entities/individuals: Rocket Consultant Group; World Advisory Group Address: CCM Clearing Limited: San Stefano Street, 23A Sophia, Bulgaria Rocket Consultant Group: Bahnnhofstr. 100 4. Etage, 8001 Zurich, Switzerland Torres De Las Americas Panama City,…

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fma warning
November 12, 2018 BY Valentina Kirilova

AMF warns against ECI Luxembourg website

Following a number of reports regarding the entity ECI Luxembourg and the website www.eci-luxembourg, the Autorité des marchés financiers (AMF) has just issued a public warning. ECI Luxembourg and the website www.eci-luxembourg are not authorized by the AMF ACPR to provide investment services. Lastly, the AMF has reminded investors and individuals to follow these safety…

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