Category: Financial Services

April 02, 2018 BY Valentina Kirilova

Japan Exchange Group announces record fiscal 2017

Japan Exchange Group has released the trading overview (preliminary estimates) for FY2017 & March 2018. Cash Equity Market In FY2017, daily average trading value for the TSE 1st Section (domestic common stocks) reached JPY 2.957 trillion, an all-time high. In the ETF market, trading value was JPY 46.799 trillion (daily average: JPY 191 billion), the…

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April 02, 2018 BY Valentina Kirilova

Shenzhen Stock Exchange to sign new agreements on securities listing

On March 29, Shenzhen Stock Exchange (SZSE) held the signing ceremony of Agreements on the Listing of Securities (2018 Revision), signally the official start of work on signing the new agreements. This is another major move of SZSE to implement the newly amended Measures on the Administration of Stock Exchange (the “Measures”) for perfecting institutional…

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April 02, 2018 BY Valentina Kirilova

TFX Click 365 down 11% MoM in March trading volumes report

Tokyo Financial Exchange (TFX) has just released its trading volumes report with mixed results for March 2018. The trading volume of Three-month Euroyen futures was 222,918 ( +80.1% MoM / -16.3% YoY ) and its average daily volume was 10,615. 項目 March   2018 Trading Volume Daily Average Change on Previous Month Year on Year…

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April 02, 2018 BY Valentina Kirilova

Prominent pastor charged in scheme to defraud elderly investors

The Securities and Exchange Commission (SEC) announced that it has charged the pastor of one of the largest Protestant churches in the country and a self-described financial planner in a scheme to defraud elderly investors by selling them interests in defunct, pre-Revolutionary Chinese bonds. The SEC's complaint alleges that, in 2013 and 2014, Kirbyjon Caldwell,…

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April 02, 2018 BY Valentina Kirilova

FCA warns against Personal Loan Now clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Personal Loan Now. 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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March 30, 2018 BY Valentina Kirilova

FCA warns against KayaFX 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 KayaFX. KayaFX 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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March 30, 2018 BY Valentina Kirilova

CSA publishes amendments related to reselling securities of foreign issuers

The Canadian Securities Administrators (CSA) has published amendments to National Instrument 45-102 Resale of Securities (NI 45-102) and changes to Companion Policy 45-102CP to National Instrument 45-102 Resale of Securities (45-102CP). We recognize that Canadian investors are increasingly interested in participating in the global capital markets,” said Louis Morisset, CSA Chair and President and CEO…

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March 30, 2018 BY Valentina Kirilova

Barclays pays $2 billion to settle a civil action

The United States has reached an agreement with Barclays Capital, Inc. and several of its affiliates (together, Barclays) to settle a civil action filed in December 2016 in which the United States sought civil penalties for alleged conduct related to Barclays’ underwriting and issuance of residential mortgage-backed securities (RMBS) between 2005 and 2007. Barclays will…

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March 30, 2018 BY Valentina Kirilova

FINRA helps consumers to organize personal finances

Sharing sensitive information can pose potential privacy and security risks The Financial Industry Regulatory Authority (FINRA) announced that it has issued an Investor Alert to help consumers consider the risks of sharing personal financial account information and other sensitive information with data aggregators. Companies that offer financial data aggregation services put information about financial holdings…

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