VanEck has announced that it will partner with SolidX to list a physically-backed bitcoin ETF that will be insured against loss or theft of bitcoin. SolidX will act as the sponsor of the ETF and VanEck will provide marketing services. The two firms will work jointly with regulators. VanEck was the first to file for…
Read moreThe European Energy Exchange (EEX) and SEEPEX, the South East European Power Exchange, have just announced that they have entered into a cooperation for the listing of cash-settled power futures. Pending the approval of the relevant authorities, EEX will list Base Months, Quarters and Year Futures for the Serbian market area. The products will be…
Read moreThe Australian Securities and Investments Commission (ASIC) announced that it has suspended the Australian financial services (AFS) license of Vesta Living Communities Ltd (Vesta) after concluding that it had not maintained adequate compliance measures to meet its license obligations. ASIC found Vesta had not met the organisational competence and financial resource requirements of its license.…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Holzmann Friedrich. 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 moreDeutsche Börse has announced that in May, Eurex‘ Italian BTP segment saw record volumes that were triggered by the forming of the new government. Traded volume more than doubled year-on-year reaching 7 million (+126 percent) while open interest stood at 0.7 million at month-end (+0.2 percent YoY). Overall, Eurex‘ interest rate segment grew by 45…
Read moreSingapore Exchange (SGX) has announced that it has just welcomed Jawala Inc to its Catalist under the stock code “1J7”. Jawala Inc is a forest resource company based in Malaysia with a focus on industrial tree plantations situated in Sabah. Its main business is the management of forestry resources, and the planting and extraction of…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Gumpold Christian & Co. 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 Hong Kong Securities and Futures Commission (SFC) announced that it has entered into a memorandum of understanding (MoU) with the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) providing for consultation, cooperation and exchange of information in connection with the supervision and oversight of cross-border regulated entities in Hong Kong and Germany. BaFin is the integrated financial…
Read moreThe Financial Conduct Authority (FCA) has informed the public that it has fined Canara Bank £896,100 and has imposed a restriction, preventing it from accepting deposits from new customers for 147 days. Financial services firms are required to maintain robust anti-money laundering (AML) systems and controls, since they are at risk from those seeking to…
Read moreThe Financial Markets Authority (FMA) has just issued a warning to a company called Oracle Finance International Inc Limited. The reason the regulator stated the warning is that Oracle Finance International Inc Limited and the following websites are making false claims about being registered in New Zealand when they are not: www.oracle-fx.com http://tg.oracle-fx.com/list-2-1.html http://630264.shop.258.com/ http://www.gq1688.com/index.php?homepage=zj41973…
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