Category: Financial Services

bscs warning
August 02, 2018 BY Valentina Kirilova

New Zealand FMA warns against Sanderson Consultants

The Financial Markets Authority (FMA) has just issued a warning against a scam company called Sanderson Consultants. Sanderson Consultants Trading name: Sanderson Consultants Address: Level 41, Gangnam Finance Center, 152 Teheran-ro, Gangnam-gu, Seoul, South Korea Website: www.sanderson-consultants.com Phone: +82-2-2008-3245 Email: [email protected] Reason for warning: The FMA has received a report from a New Zealand resident…

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Nasdaq Dubai
August 02, 2018 BY Valentina Kirilova

Nasdaq Dubai launches equity futures on 12 Saudi companies

Nasdaq Dubai has announced the names of 12 Saudi Arabian companies on which the exchange will launch equity futures in September 2018. The 12 companies are some of the Middle East’s largest businesses, active in sectors from real estate and petrochemicals to banking and transport. Their combined market capitalisation is 859 billion Saudi riyals (229…

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Intercontinental Exchange Inc. (NYSE:ICE)
August 02, 2018 BY Valentina Kirilova

Intercontinental Exchange to launch ICE one and three month SOFR futures

Intercontinental Exchange (NYSE:ICE), the operator of global exchanges and clearing houses and provider of data and listings services, has announced that subject to relevant regulatory approvals, ICE Futures Europe plans to launch one month and three month, cash-settled futures contracts based on the Secured Overnight Financing Rate (SOFR) on October 1, 2018. ICE also intends…

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clone firm FCA warning
August 01, 2018 BY Valentina Kirilova

FCA warns against Purple Bridge Services Limited clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Purple Bridge Services 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…

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asic afs license
August 01, 2018 BY Valentina Kirilova

ASIC cancels NSW Independent Insurance Brokers' AFS license

The Australian Securities and Investments Commission (ASIC) has just informed the public that it has cancelled the Australian Financial Services (AFS) license of NSW Independent Insurance Brokers Pty Ltd after finding it has ceased to carry on a financial services business. NSW Independent Insurance Brokers’ AFS license cancellation became effective on 19 July 2018. ASIC…

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Clearstream establishes a link to Kazakhstan
August 01, 2018 BY Valentina Kirilova

Clearstream establishes a link to Kazakhstan

Clearstream, the international central securities depository (ICSD) of Deutsche Börse Group, has just announced that it expands its international coverage by opening a new domestic link to Kazakhstan on 30 July 2018. The link will help foreign investors to access the local market and enables Clearstream to offer Kazakhstan government bonds and National Bank notes.…

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Forex volatilities at low ebb, but how can SME’s protect against a surge?
August 01, 2018 BY LeapRate Staff

IOSCO issues 8 recommendations for trading venues to manage extreme volatility

The Board of the International Organization of Securities Commissions (IOSCO) today published eight recommendations to assist trading venues and regulatory authorities in the implementation of mechanisms to manage extreme volatility and preserve orderly trading. IOSCO is the leading international policy forum for securities regulators and is recognized as the global standard setter for securities regulation.…

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ASIC office
August 01, 2018 BY Valentina Kirilova

ASIC updates guidance for funds management industry

Australian regulator ASIC has released a suite of seven new and updated regulatory guides to provide comprehensive guidance to the funds management industry. The guidance has been updated for changes arising from the Asia Region Funds Passport and brings all of ASIC's funds management policies up to date to help promote industry-wide consistency. The updates…

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fca warning clone firm
August 01, 2018 BY Valentina Kirilova

FCA warns against Now loans clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Now loans. 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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STOXX Low Carbon products licensed to Italian bank IMI
August 01, 2018 BY Valentina Kirilova

iSTOXX Developed Markets B.R.AI.N. Index licensed to Coincapital

STOXX Ltd., the operator of Deutsche Boerse Group’s index business and a global provider of innovative and tradable index concepts, has just announced that it has licensed the iSTOXX Developed Markets B.R.AI.N. Index to the Canadian Coin Capital Investment Management Inc (Coincapital). The index uses FactSet Revere data to identify sectors likely to benefit from…

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