The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Square Global Ltd trading as Square Global Enterprise. 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…
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The Cyprus Securities and Exchange Commission (CySEC) has just informed the public that it decided the imposition of an administrative fine of €10.000 to Mrs Milena Valentinova Christofide. The complete text of the regulator’s decision can be seen below: Announcement date: 19.10.2018 Board decision date: 03.09.2018 Regarding: Mrs Milena Valentinova Christofide Legislation: The Investment Services…
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London Stock Exchange Group plc (LSEG) has announced that it is in the process of acquiring further shares in LCH Group Holdings Limited (LCH), which will increase its majority ownership of this valuable strategic business. LSEG has entered into agreements with certain minority shareholders of LCH to acquire up to a further 15.1% of LCH’s…
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The Hong Kong Securities and Futures Commission (SFC) has released conclusions to the further consultation on proposed amendments to update the Securities and Futures (Financial Resources) Rules (FRR). After considering the comments received, the SFC will implement the proposed changes, the main purpose of which is to update the computation basis of the financial resources…
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STOXX Ltd., the operator of Deutsche Boerse Group’s index business and a global provider of innovative and tradable index concepts, has licensed the STOXX Global Fintech Index to Sumitomo Mitsui Asset Management as an underlying for an investment fund. The index is comprised of companies associated with financial technology (fintech). These businesses use technology to…
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The Securities and Exchange Commission (SEC) has announced charges against an investment adviser with a history of violating the securities laws for defrauding his close friends and community members. According to the SEC’s complaint filed Tuesday, from at least 2014 through at least 2017, Bruce J. Fixelle solicited investments from close friends he met through…
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FTSE Russell, the global index, data and analytics provider, has announced plans to launch a climate and multi-factor index, the FTSE All-World Climate Balanced Comprehensive Factor Index in November 2018. Merseyside Pension Fund (MPF) has selected the index to support the implementation of its Climate Risk Strategy within the Fund’s listed equity portfolio. The objective…
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Nasdaq (Nasdaq: NDAQ) has announced that Moment Group AB, a small cap company within the consumer services sector, will start trading of its shares on the main market of Nasdaq Stockholm. Moment Group was previously listed on Nasdaq First North Premier and is the 62nd company to list on Nasdaq’s Nordic markets in 2018. Moment…
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The Cyprus Securities and Exchange Commission (CySEC) has just informed investors about the following regarding Efexa1000 Ltd (the Company): The Company, through the website efexa1000.com, claims to be part of the Instant Trading EU Ltd (the "CIF") group, which is licensed (License No. 266/15) and regulated by CySEC, while it has no relationship with the…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Padmar Investments Limited. 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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