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 Cap Governance LLP. Cap Governance LLP is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read more
The Securities and Exchange Commission (SEC) has announced that Connecticut-based United Technologies Corporation will pay $13.9 million to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA) by making illicit payments in its elevator and aircraft engine businesses. According to the SEC’s order, United Technologies subsidiary Otis Elevator Co. made unlawful payments to…
Read more
New Zealand’s exchange (NZX) has informed that it has signed a memorandum of understanding (MoU) with Nasdaq. This memorandum demonstrates the commitment both exchanges have to work more closely to connect their capital markets for the benefit of companies and investors in each country. NZX Chair James Miller commented: We are pleased to have extended…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Ruppel Alexander. 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…
Read more
B3 has announced that it has begun to trade the first Fixed Income ETF in Brazil. The product was developed by Mirae Asset Global Investments along with the index provider S&P Dow Jones Indices and was enabled by the B3 trading platform. The product will follow the S&P/B3 Fixed Income Index, which will measure the…
Read more
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 Taylor, Hodgson and Associates. The Financial Markets Authority (FMA) has already issued a warning against the same company earlier this year. Taylor, Hodgson and Associates is…
Read more
The Securities and Exchange Commission (SEC) has announced that TokenLot LLC, a self-described “ICO Superstore,” and its owners will settle charges that they acted as unregistered broker-dealers. This is the SEC’s first case charging unregistered broker-dealers for selling digital tokens after the SEC issued The DAO Report in 2017 cautioning that those who offer and…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm SP Financial Management Limited trading as Ubanka. 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…
Read more
The Australian Securities and Investments Commission (ASIC) has approved the Australian Financial Complaints Authority (AFCA) Complaint Resolution Scheme Rules and the Terms of Reference of the AFCA Independent Assessor (IA). ASIC is required to approve material changes to the AFCA scheme under the Corporations Act, 2001. This is a key part of ASIC’s role in…
Read more
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 Mace, Parry and Associates. The Financial Markets Authority (FMA) has issued a warning against the same company earlier this year. Mace, Parry and Associates is not…
Read more