The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Whitestone Finance Ltd. 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 moreTMX Group (TSX:X) has just announced that Ceridian HCM Holding Inc. (Ceridian), a global human capital management (HCM) technology company headquartered in the United States, commenced trading on Toronto Stock Exchange (TSX) under the symbol TSX:CDAY. Ceridian's initial public offering (IPO) raised US$462 million, making it the largest technology company (by initial market capitalization) to…
Read moreThe Hong Kong Securities and Futures Commission (SFC) has informed the public that it has today launched a two-month consultation on proposed enhancements to the Investor Compensation Regime. Key proposals include increasing the compensation limit from $150,000 to $500,000 per investor per default and covering northbound trading under Mainland-Hong Kong Stock Connect. In addition, the…
Read moreDeutsche Börse has announced that the share subscription for the IPO of Springer Nature AG & Co. KGaA (ISIN: DE000SPG1003) via the Frankfurt Stock Exchange was launched today and is expected to continue until 8 May. The first trading day for Spring Nature in the Prime Standard, the segment with the highest transparency standards, is…
Read moreThe Canadian Securities Administrators (CSA) has informed that it has released the Oversight Review Report of the Investment Industry Regulatory Organization of Canada (IIROC). The report evaluates whether specific regulatory processes were effective, efficient, and were applied consistently and fairly, and whether IIROC complied with the terms and conditions of its Recognition Orders. IIROC is…
Read moreThe Supervisory Board of the Moscow Exchange (MOEX) has announced that it has elected at the Annual General Meeting of Shareholders, Oleg Vyugin, independent director, as its Chairman. The Supervisory Board named members and chairpersons to its Strategic Planning, Budget, Nomination and Remuneration, Audit, Risk Management and Technical Policy Committees. It also approved new versions…
Read moreThe Administrative Appeals Tribunal (AAT) has affirmed a decision to cancel the registration of Sydney liquidator, Mr Randall Clinton Joubert, ASIC has announced earlier today. The AAT found that Mr Joubert's actions as a registered liquidator of several companies were deliberate and dishonest and that he was not a fit and proper person to be…
Read moreThe Monetary Authority of Singapore (MAS) and the State Bank of Viet Nam (SBV) have announced that they have agreed to establish a new partnership to encourage FinTech innovation and to strengthen cooperation in banking supervision. The new Memorandum of Understanding (MOU) between MAS and SBV on financial innovation will facilitate joint innovation projects between…
Read moreNational Settlement Depository (NSD), Russia’s central securities depository, has announced that it has just received the status of authorized depository of Belarus which allows NSD to record the rights to government securities issued by the Ministry of Finance (on behalf of the Republic of Belarus). Prior to now, NSD clients could accept for custody and…
Read moreDeutsche Börse AG has just published its results for the first quarter of 2018 on Wednesday. The company generated net revenue of €691.6 million, an increase of 11% compared to the previous year (Q1/2017: €623.4 million). Deutsche Börse thus achieved secular net revenue growth of approximately 7 per cent, in line with its projections. In…
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