Category: Financial Services

crowdfunding
March 13, 2018 BY LeapRate Staff

Crowdfunding giant OurCrowd hires Goldman Sachs banker Lina White to head new London office

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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FCA warning
March 13, 2018 BY Valentina Kirilova

FCA warns against Plusoption 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 Plusoption. Plusoption 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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Shtern Group warning
March 12, 2018 BY LeapRate Staff

MFSA issues warning against fake Malta Forex broker Shtern Group

Malta financial regulator the Malta Financial Services Authority (MFSA) has issued a warning, stating that it has become aware of an entity operating under the name of Shtern Group which is known to have an internet presence at shterngroup.com. Although this entity purports to operate from an address in Malta, the MFSA does not believe…

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March 12, 2018 BY Valentina Kirilova

SFC and HKEX sign addendum to MOU Governing Listing Matters

The Hong Kong Securities and Futures Commission (SFC) and The Stock Exchange of Hong Kong Limited (Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), informed that they have signed an addendum to the Memorandum of Understanding (MOU) Governing Listing Matters. Pursuant to arrangements under the Addendum, a new Listing Policy Panel…

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clone firm FCA warning
March 12, 2018 BY Valentina Kirilova

FCA warns against Castle Finance Direct clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Castle Finance Direct. 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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Smartkarma SGX Singapore exchange
March 12, 2018 BY Valentina Kirilova

Singapore Exchange collaborates with fintech firm Smartkarma

Singapore Exchange (SGX) and fintech firm Smartkarma today announced a partnership to roll out the C-Suite Pilot Program, a cloud-based platform that will enable SGX-listed companies to streamline their communication and data reporting to the institutional, analyst and investor communities. Listed companies will be able to communicate seamlessly with analysts and investors, monitor sentiment, compare…

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FCA
March 12, 2018 BY Valentina Kirilova

FCA to transform culture in financial services

The UK Financial Conduct Authority (FCA) informed the public that it has today published a discussion paper on transforming culture in financial services which presents views from academics and industry thought leaders. The paper is intended to provide a basis for stimulating further debate on transforming culture in the sector. The paper is a set…

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clone firm FCA warning
March 09, 2018 BY Valentina Kirilova

FCA warns against Jupiter Loans clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Jupiter Loans. 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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asic charges
March 09, 2018 BY Valentina Kirilova

SEC bars penny stock executive for exploiting investors

The Securities and Exchange Commission (SEC) announced that it has barred the president of a penny stock company from ever again serving as a public company officer or director after he was caught making false and misleading statements about the company to investors in an effort to increase demand for the stock. The SEC confronted…

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