Category: Financial Services

January 31, 2018 BY Valentina Kirilova

London leads Komodo bonds issuance

London Stock Exchange Group (LSEG) announced that it has welcomed Wijaya Karya, one of the largest listed state-owned infrastructure and EPC (engineering, procurement and construction) companies in Indonesia, to celebrate the successful issuance of its first Komodo bonds on London Stock Exchange’s International Securities Market (ISM). Wijaya Karya’s three-year Komodo bonds raised IDR 5.4 trillion…

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FCA warning
January 31, 2018 BY Valentina Kirilova

FCA warns against Miller and Cohen 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 Miller and Cohen. Miller and Cohen is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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FCA warning
January 31, 2018 BY Valentina Kirilova

FCA warns against Braxton Knight Ltd 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 Braxton Knight Ltd. Braxton Knight 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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cssf warning
January 31, 2018 BY Valentina Kirilova

Luxembourg regulator CSSF warns against www.bil-gestionpatrimoine.com website

The Commission de Surveillance du Secteur Financier (CSSF) has just issued a warning to the public concerning the website www.bil-gestionpatrimoine.com and the distribution of a leaflet called ″BIL Patrimoine″ which offer investment services to potential investors. The CSSF specified that both, the website and the leaflet, make fraudulent and deceptive use of the contact details…

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January 31, 2018 BY Valentina Kirilova

Moscow Exchange launches trading in Turkish Lira

On 29 January 2018, Moscow Exchange (MOEX) announced that it has started trading the Turkish Lira/Russian Rouble (TRY/RUB) currency pair. On its first day, the instrument saw turnover of RUB 1.5 million (TRY 100 thousand). Initially, the Turkish Lira is available for buy/sell transactions with settlement on the trade date (TRYRUB_TOD) and a 100% margin…

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clone firm FCA warning
January 31, 2018 BY Valentina Kirilova

FCA warns against Liontrust Asset Management clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Liontrust Asset Management. 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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January 31, 2018 BY Valentina Kirilova

New Zealand NZX and Hong Kong Exchanges HKEX sign MOU

NZX Limited (NZX) and Hong Kong Exchanges and Clearing Limited (HKEX) announced that they have today signed a Memorandum of Understanding (MOU) to further promote confidence and co-operation in Asia-Pacific markets. Under the terms of the memorandum, the exchanges will seek to promote market development by considering opportunities in a range of areas, including foreign…

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clone firm FCA warning
January 30, 2018 BY Valentina Kirilova

FCA warns against Multi Month Loans clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Multi Month 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…

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January 30, 2018 BY Valentina Kirilova

Hong Kong SFC provides guidance on best execution

The Securities and Futures Commission (SFC) today issued a circular setting out guidance on the standards of conduct and internal controls the SFC expects of licensed corporations (LCs) in delivering best execution. This follows a thematic review of selected LCs which assessed the effectiveness and adequacy of arrangements for delivering best execution. The circular reminds…

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ASEAN Exchanges
January 30, 2018 BY Valentina Kirilova

DFM Brokers to get rating in an initiative to boost capital markets’ service excellence

Dubai Financial Market (DFM) announced that it has today launched a first-of-its-kind Brokers Excellence Rating initiative as part of its constant efforts to promote service excellence. The Rating will be implemented in cooperation with Dubai Economy in order to assess excellence of services provided by DFM-licensed brokerage firms to their clients and their achievements in…

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