Category: Financial Services

bscs warning
July 12, 2018 BY Valentina Kirilova

AMF warns against Agronomix and its French subsidiary Agronomix France

The Autorité des marchés financiers (AMF) has just issued a warning against the activity of AGRONOMIX and its French subsidiary AGRONOMIX FRANCE. The AGRONOMIX Group, via its French subsidiary AGRONOMIX FRANCE (www.agronomix-france.fr) offers French investors the opportunity to finance agricultural activities in Ivory Coast with unrealistic rates of return over 200% after 6 months and…

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FCA warning
July 12, 2018 BY Valentina Kirilova

FCA warns against McGarry Corporate Partners

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 McGarry Corporate Partners. McGarry Corporate Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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July 12, 2018 BY Valentina Kirilova

ESMA warns UK entities to prepare for a no-MiFID hard Brexit

The European Securities and Markets Authority (ESMA) has announced that it is issuing a Public Statement in order to raise the awareness of all market participants on the importance to prepare for the possibility of no agreement in the context of the United Kingdom withdrawing from the European Union. As there is no assurance that a…

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Thomson Reuters is now authorised Benchmark Administrator under the EU BMR
July 12, 2018 BY Valentina Kirilova

Thomson Reuters is now authorised Benchmark Administrator under the EU BMR

Information giant Thomson Reuters (NYSE:TRI) has today announced that it has been approved as an authorized Benchmark Administrator under the EU Benchmarks Regulation (BMR) which came into effect on January 1, 2018. As an authorized administrator, Thomson Reuters Benchmark Services Limited (TRBSL), a subsidiary responsible for certain benchmarks and indices, is now certified to continue…

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fca warning
July 12, 2018 BY Valentina Kirilova

FCA warns against Leadernet OU t/a FXLeader

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 Leadernet OU t/a FXLeader. Leadernet OU t/a FXLeader is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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UN report says North Korea laundered $2 billion theft via Hong Kong firm
July 11, 2018 BY LeapRate Staff

SEC files additional charges in scheme to manipulate Fitbit stock

The U.S. Securities and Exchange Commission (SEC) has announced that it has filed fraud charges against a second defendant in connection with a scheme to manipulate the price of Fitbit securities through false regulatory filings. According to the SEC's complaint, Mark E. Burns purchased Fitbit call options just minutes before he and his co-conspirator, Robert…

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Lingxi ,China Finance Online Co. Limited
July 11, 2018 BY Valentina Kirilova

SET welcomes integrated engineering consultant TEAMG

The Stock Exchange of Thailand (SET) informed that it will list TEAM Consulting Engineering and Management pcl, an integrated consulting service provider for engineering and environmental services, including Environmental Impact Assessment (EIA) report preparation, on July 12, under the ticker symbol "TEAMG". The company has a market capitalization at its initial public offering (IPO) of…

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fca warning
July 11, 2018 BY Valentina Kirilova

FCA warns against David Charles Cars 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 David Charles Cars. David Charles Cars is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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FCA warning
July 11, 2018 BY Valentina Kirilova

FCA warns against Trade WFX 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 Trade WFX. Trade WFX is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

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ASIC office
July 11, 2018 BY Valentina Kirilova

ASIC accepts court enforceable undertaking from CBA

Commonwealth Bank of Australia (CBA) informed that it has entered into a court enforceable undertaking with Australian regulator ASIC in relation to their bank bill trading business and their participation in the setting of the Bank Bill Swap Rate (BBSW), a key benchmark and reference interest rate in the Australian financial system. As part of…

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