SGX announced today that it will list successor products to its SGX Nifty family of products before August 2018. This will provide market participants with the same ability to invest and maintain their risk exposure to the Indian capital markets. Market participants will be able to transition seamlessly to these products before the expiry of…
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CurveGlobal, the interest rate derivatives platform, announced today its intention to launch a three-month SONIA futures contract, which will be admitted to trading on London Stock Exchange Derivatives Market (LSEDM). The innovative CurveGlobal® Three Month SONIA® Future will address client demand for liquidity in the Bank of England’s reformed benchmark rate, which is set to…
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The Securities and Commodities Authority (SCA) just announced that it has launched a program to assess and classify financial services companies and announced that registration is open for those interested to take part in the program. Registration applications will be accepted from mid-February to the first of March. H.E. Dr. Obaid Al Zaabi said: Launching…
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ASIC announced that it has disqualified Mr Peter Kalos of Kurnell, NSW, from managing companies for the maximum period of five years as a result of his involvement in nine failed companies. ASIC found that Mr Kalos: improperly used his corporate position by causing assets to be transferred for little or no consideration to the…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Carina 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…
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The Cyprus Securities and Exchange Commission (CySEC) has informed that the ESMA Guidelines on the management body of Market Operators and Data Reporting Services Providers have been adopted by CySEC. The complete text of the announcement can be seen below: TO : Market Operators and Data Reporting Service providers FROM : Cyprus Securities and Exchange…
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ISDA has announced that regulatory fintech firm REGnosys has been appointed to develop a digital version of the ISDA Common Domain Model (CDM). REGnosys was selected following a request for quotations issued in the fourth quarter of 2017, and will now assist ISDA in developing the framework to build a digital version of the ISDA…
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ASIC announced that it has accepted an Enforceable Undertaking from director Mr David Orth under which he will cease to provide financial services for five years. In addition, Mr Orth will make a community benefit payment in the amount of $400,000 to Financial Literacy Australia to support the financial capability of vulnerable people. Mr Orth…
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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 XMarkets.com. XMarkets.com is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…
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Residential property developer lists in Prime Standard / Initial price €21,50 After completing a private placement of seven million new shares, Instone Real Estate Group B.V. (ISIN: NL0012757355) was listed in the Prime Standard of the Frankfurt Stock Exchange today. The Essen-based company's shares opened trading at €21,50, following an issue price of €21.50. The…
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