The Australian Securities and Investments Commission (ASIC) has informed the public that it has suspended the Australian financial services (AFS) license of NSW-based Corpac Partners Pty Limited (Corpac Partners) from 28 February 2018 for failing to lodge financial statements and auditor's reports for a period of four years. This failure is in breach of both…
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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 Redfield Markets. Redfield Markets is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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The Hong Kong Securities and Futures Commission (SFC) announced that it has resolved its concerns with Deutsche Bank AKTIENGESELLSCHAFT (DBAG) and its wholly-owned subsidiary Deutsche Securities Asia Limited (DSAL) over regulatory breaches related to short position reporting, unlicensed regulated activities and segregation of client monies. Under the resolution, the SFC publicly reprimanded and fined them…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Christopher Scholz. 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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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 Tradeplus Solutions Ltd. Tradeplus Solutions Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) has reported that Cboe Europe’s Periodic Auctions book set a new one-day record of €582.8 million traded on Monday, 12 March 2018. The previous one-day record was €488 million set on 6 February 2018. Mark Hemsley, President of Europe for Cboe, said: With the double-volume caps now in effect,…
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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 ACV Operations S.R.L. ACV Operations S.R.L is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Board of the International Organization of Securities Commissions (IOSCO) informed the public that it has published today a report that examines the growing vulnerability of ageing investors to financial fraud and other risks and identifies sound practices for enhancing their protection. The report Senior Investor Vulnerability reveals that seniors are at a higher risk…
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The Dubai Financial Market (DFM) announced that it has launched an innovative Dividend Distribution System (DDS). The new system enables the DFM to distribute the dividends to investors’ bank account or iVESTOR card account without any human intervention. This streamlined process hugely contributes in implementing the distribution process swiftly based on a comprehensive and continuously…
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Israel based crowdfunding company OurCrowd has announced the hiring of Goldman Sachs alternative investments banker Lina White as the head of its newly opened London office - its tenth dedicated location worldwide. The new London office will support OurCrowd’s growing community of UK investors interested in funding early stage high-growth companies. With a current reach of…
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