Deutsche Börse AG published its preliminary results for the fourth quarter and full year 2017 on Tuesday. The highlights include: Net revenue 2017 up 3 per cent, to €2,462 million Adjusted operating costs declined by 1 per cent Adjusted EBITDA and net income up 6 per cent €4.59 adjusted earnings per share Proposed dividend increase,…
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Moscow Exchange (MOEX) announced that, on March 26, 2018 the ticker for the MOEX Russia Index will be changed across all Moscow Exchange data and trading systems. The new ticker - IMOEX - will replace MICEXINDEXCF. The ticker IMOEX will be used on the Exchange’s website, in bulletins, in the Securities and Derivatives Markets trading…
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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 Chemmi Holdings t/a Max CFD. Chemmi Holdings t/a Max CFD is not authorised by the FCA but has been targeting people in the UK and is…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm TSB Wealth Advisory. 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 Board of the Cyprus Securities and Exchange Commission (CySEC) has informed the public that, at the meeting held on 13th November 2017, it has decided to impose a total administrative fine of €138.000 to CIF ICFD Ltd for non compliance with several issues (see below). ICFD Ltd operates the iForex Retail FX brokerage brand.…
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The Financial Conduct Authority (FCA) has today announced that it is seeking views on how technology can make it easier for firms to meet their regulatory reporting requirements and improve the quality of the information they provide. The FCA regularly explores how technology can make its regulations more efficient and reduce the regulatory burden on…
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The Commission de Surveillance du Secteur Financier (CSSF) has just issued a warning of the activities of an entity named VBM Capital Partners, operating at website: www.vbmcapitalpartners.com. The company claims to be established at 27 avenue Monterey, 2163 Luxembourg. The CSSF informs the public that VBM Capital Partners is unknown to it and that the…
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ASIC announced that it has accepted enforceable undertakings (EUs) from Sydney-based directors Frank Tearle and Justin Epstein following an investigation of their conduct over an application for an Australian financial services (AFS) license. Mr Tearle and Mr Epstein were directors of both One Investment Services Pty Ltd (OIS) and a related entity One Investment Group…
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In light of the threat to the financial sector, the Autorité des Marchés Financiers (AMF) and ANSSI (the French National Cybersecurity Agency) announced that they have agreed to cooperate more closely on the protection of information systems. The joint signature of a letter of intent on Friday, 16 February forms the basis of this cooperation.…
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The Commission de Surveillance du Secteur Financier (CSSF) has just issued a warning of the activities of an entity named United Capital Group which claims, on the website www.ucgtrust.com. The company claims that its address is 7 rue Robert Stumper, 1882 Luxembourg and that it is authorised and supervised by the Commission de Surveillance du…
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