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 Clingstone Bank Plc. Clingstone Bank Plc is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read moreFormer financial adviser, Gabriel Nakhl, was convicted in the District Court of New South Wales on 8 June 2018 on 8 charges brought by ASIC of engaging in dishonest conduct with investor funds, the Australian regulator announced earlier today. Mr Nakhl, of Illawong, NSW pleaded guilty to being knowingly engaged in dishonest conduct in relation…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Viking Investments Global. 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…
Read moreOnline furniture store listed in Prime Standard segment / Sixth Deutsche Börse Venture Network IPO home24 SE (ISIN: DE000A14KEB5) listed on the Frankfurt Stock Exchange today, making it the sixth start-up from Deutsche Börse's Venture Network to go public in Frankfurt. The online furniture store listed in the Prime Standard and achieved an initial listing…
Read moreFINRA has just announced details of a multi-phased effort to overhaul its registration and disclosure programs, including the Central Registration Depository (CRD)—the central licensing and registration system that FINRA operates for the U.S. securities industry and its regulators and that provides the backbone of BrokerCheck. The first phase of the transformation—a new WebCRD interface that…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Satis Asset Management. 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…
Read moreNasdaq (Nasdaq: NDAQ) today announced that the number of listed companies across its Nordic and Baltic markets will exceed 1,000, as Kojamo enters the Nasdaq Helsinki Main Market while Arion Bank completes its dual listing on the Nasdaq Iceland and Nasdaq Stockholm Main Markets. This is the first time ever the total number of listed…
Read moreAustralian regulator ASIC has informed the public that it has commenced civil penalty proceedings in the Federal Court of Australia against Frank Cullity Wilson, former managing director of Quintis Limited (Quintis), for failing to discharge his duties as a director under section 180 of the Corporations Act 2001 (Cth). ASIC is alleging that by failing…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Car Insurance 4 u. 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…
Read moreThe Financial Markets Authority (FMA) has just issued a warning to a company called SME International. SME Address: Purports to be 188 Quay Road, 17th Floor, Auckland 1010 Phone: +64 09 950 8477 Website: www.sme-international.com The regulator has received copies of marketing material published by SME that falsely claims the company is licensed and regulated…
Read more