Category: Financial Services

Regulation
March 27, 2018 BY Valentina Kirilova

Hong Kong regulators to enhance the OTC derivatives regulatory regime

The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have issued a joint consultation on further enhancements to the over-the-counter (OTC) derivatives regulatory regime in Hong Kong, including a proposal to mandate the use of the Legal Entity Identifier (LEI) for the reporting obligation. To align with global standards, all entities…

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Euronext buys Irish Stock Exchange (ISE)
March 27, 2018 BY Valentina Kirilova

Euronext completes acquisition of the Irish Stock Exchange plc

Financial markets operator Euronext NV (EPA:ENX) has just announced the completion of the acquisition of 100% of the shares and voting rights of the Irish Stock Exchange plc (ISE), for €137 million, after receiving regulatory approvals. The deal comes after Euronext expanded into FX earlier this year with its acquisition of institutional Forex ECN FastMatch for $153 million.…

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clone firm FCA warning
March 26, 2018 BY Valentina Kirilova

FCA warns against Money Saving Expert clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Money Saving Expert. 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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clone firm FCA warning
March 26, 2018 BY Valentina Kirilova

FCA warns against Heritage Capital clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Heritage Capital. 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…

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SGX announces trading volumes
March 26, 2018 BY Valentina Kirilova

Fintech company ayondo Ltd listed on SGX Catalist

Singapore Exchange (SGX) has announced that it has welcomed ayondo Ltd to Catalist under the stock code “1I5”. ayondo is a global fintech group that offers social trading services and brokerage services to both B2C and B2B clients through its two proprietary platforms – WeTrade and Tradehub. WeTrade is for social trading, where traders can…

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clone firm FCA warning
March 26, 2018 BY Valentina Kirilova

FCA warns against Zan Partners clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Zan Partners. 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…

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FCA warning
March 23, 2018 BY Valentina Kirilova

FCA warns against Options Tech Limited t/a MWM Markets

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 Options Tech Limited t/a MWM Markets. Options Tech Limited is not authorised by the FCA but has been targeting people in the UK and is also…

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