Category: Financial Services

cysec cif license
September 14, 2018 BY Valentina Kirilova

CySEC withdraws CIF license of Gobaba FX Cy Ltd

Cyprus financial regulator Cyprus Securities and Exchange Commission (CySEC) has made another announcement today regarding the withdrawal of the CIF license of a company called Gobaba FX Cy Ltd. The complete text of the regulator’s decision can be seen below: Announcement date: 13.09.2018 CySEC Decision date: 10.09.2018 Regarding: Gobaba FX Cy Ltd Legislation: The Investment…

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Regulation
September 14, 2018 BY Valentina Kirilova

ASIC commences civil penalty proceedings against ANZ

Australian regulator ASIC has today commenced civil penalty proceedings in the Federal Court of Australia against Australia and New Zealand Banking Group Limited (ANZ) for an alleged continuous disclosure breach in relation to a $2.5 billion institutional share placement undertaken by the ANZ in 2015. On 6 August 2015, ANZ issued a release to the…

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FCA warning
September 14, 2018 BY Valentina Kirilova

FCA warns against Manaia and Partners firm

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 Manaia and Partners. The Financial Markets Authority (FMA) has already issued a warning to the same company earlier this year. Manaia and Partners is not authorised…

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Nasdaq Copenhagen Improves Small Cap Market Access For Non-Nordic Trading Members
September 14, 2018 BY Valentina Kirilova

Nasdaq Stockholm fines Oscar Properties Holding AB SEK 410,000

The Disciplinary Committee of Nasdaq Stockholm has found that Oscar Properties Holding AB (“Oscar Properties” or the “Company”) has breached Nasdaq Stockholm’s Rule Book for Issuers (the “Rule Book”) and, accordingly, has imposed a fine on Oscar Properties amounting to two annual fees, corresponding to an amount of SEK 410,000. The Disciplinary Committee has found…

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Nasdaq
September 14, 2018 BY Valentina Kirilova

Nasdaq to acquire Swedish financial technology provider Cinnober

Nasdaq (Nasdaq:NDAQ), the global provider of trading, clearing, exchange technology, listing, information and public company services, has announced that it has made an USD 190m all cash recommended public offer to the shareholders and warrant holders of Cinnober (Nasdaq First North: CINN), a major Swedish financial technology provider to brokers, exchanges and clearinghouses worldwide. Nasdaq’s…

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Deutsche Börse
September 14, 2018 BY Valentina Kirilova

GP Bullhound becomes new partner of Deutsche Börse Venture Network

Startups gain better access to later stage financing With a new collaboration, the more than 160 startups from Deutsche Börse Venture Network will get better access to growth financing: global technology advisory and investment firm GP Bullhound is joining the network. Companies in the later stage growth phase in particular will benefit from this. GP…

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fca warning clone firm
September 14, 2018 BY Valentina Kirilova

FCA warns against Capital NCL clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Capital NCL. 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…

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SFC fines
September 14, 2018 BY Valentina Kirilova

Cowen Execution Services fined $2.75 million for providing deficient blue sheet data

The Securities and Exchange Commission (SEC) has announced that Convergex Execution Solutions LLC, now known as Cowen Execution Services LLC, will pay $2.75 million to settle charges that the broker-dealer firm provided the SEC with incomplete and deficient securities trading information known as “blue sheet data.” According to the SEC’s order, for nearly four years…

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cysec cif license
September 14, 2018 BY Valentina Kirilova

CySEC withdraws CIF license of Ouroboros Derivatives Trading Ltd

Cyprus financial regulator Cyprus Securities and Exchange Commission (CySEC) has announced that it has decided to withdraw the CIF license of a company called Ouroboros Derivatives Trading Ltd. The complete text of the regulator's decision can be seen below: Announcement date: 13.09.2018 CySEC Decision date: 03.09.2018 Regarding: Ouroboros Derivatives Trading Ltd Legislation: The Investment Services…

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