FTAHK partners with FinTech associations in Singapore, Switzerland and Taiwan LeapRate

October 26, 2017 BY Valentina Kirilova

FTAHK partners with FinTech associations in Singapore, Switzerland and Taiwan

The FinTech Association of Hong Kong (FTAHK) announced that it has signed three separate Memoranda of Understanding with the Singapore FinTech Association, the Swiss Finance + Technology Association and the Taiwan FinTech Industry Development Association. These were completed during the HongKong FinTech week that is currently underway. All three associations have the goal of collaborating…

October 26, 2017 BY Valentina Kirilova

FCA reforms to enhance the effectiveness of UK primary markets

The Financial Conduct Authority (FCA) has today set out a package of measures designed to ensure that the UK’s primary capital markets remain effective. In 2015 the FCA committed to reviewing the effectiveness of the UK’s primary capital markets, and the regulatory framework governing them to ensure they continue effectively to serve issuers and investors.…

October 26, 2017 BY Valentina Kirilova

Deutsche Börse welcomes Vanguard as new ETF issuer

Full European Vanguard product range tradable on Xetra for the first time Exchange traded funds (ETFs) issued by Vanguard have been tradable for the first time on Xetra and Börse Frankfurt since Thursday. The 23 new ETFs provide investors with access to an extensive product range of equity, fixed income and strategy ETFs. We are…

October 26, 2017 BY Valentina Kirilova

HKEX to introduce its Iron Ore Futures on 13 November

Hong Kong Exchanges and Clearing Limited (HKEX) announced that it will introduce its cash-settled TSI Iron Ore Fines 62 per cent Fe CFR China Futures (Iron Ore Futures), its first ferrous metal product, on Monday, 13 November 2017. As a leading international financial and trade centre, Hong Kong provides one-stop solutions to enterprises for trading,…

October 26, 2017 BY Valentina Kirilova

Diamonds and other atypical investments: AMF welcomes the initiative taken by the ARPP

The ARPP (French advertising self-regulatory organization) has issued a recommendation in order to inform the advertising industry regarding the regulation of intermediation in miscellaneous assets. With a view to better protection for savers, the Sapin II law has introduced a change in the system: no offer on atypical investments car be directly marketed in France…

October 26, 2017 BY Valentina Kirilova

FCA publishes position limits for commodity derivative contracts

The Financial Conduct Authority (FCA) has today published position limits on certain commodity derivative contracts which are traded on UK trading venues. The limits have been established by exercising the regulator's power of direction under Regulation 16 of The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 (MIFI Regs) in accordance…

October 26, 2017 BY Valentina Kirilova

Luxembourg regulator CSSF warns against Crown Managers

The Commission de Surveillance du Secteur Financier (CSSF) has issued a warning of the activities of an entity named Crown Managers. The company, which claims to be established at 5 Maison de Soins de l’Etat, 9440 Vianden, Luxembourg, is operating at www.crownmanagers.com. The CSSF informs the public that Crown Managers is unknown to it and that…

October 26, 2017 BY Valentina Kirilova

Toronto Stock Exchange welcomes Canadian retailer Roots

Shares in Canada's renowned lifestyle brand begin trading today TMX Group (TSX:X)'s senior equity exchange, Toronto Stock Exchange (TSX), announced that it has welcomed Canadian retailer Roots as it began trading this morning under the symbol TSX:ROOT. We are proud to welcome Roots, a truly iconic and world-renowned Canadian lifestyle brand to our market today,"…

October 25, 2017 BY LeapRate Staff

Apollo Management former senior partner Mohammed Ali Rashid charged with secretly billing clients for personal expenses

The U.S. Securities and Exchange Commission has announced charges against Mohammed Ali Rashid, a former senior partner at Apollo Management L.P., for defrauding his fund clients by secretly billing them for approximately $290,000 in personal expenditures. Mr. Rashid is charged with using client funds for family vacations, visits to a hair salon, and purchases of…

October 25, 2017 BY Valentina Kirilova

French AMF warns against several unregulated FX websites

The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) have just published a list of new websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without authorisation to do so. Here is the list of new websites recently identified: www.1875-financeinvest.com / 1875 FINANCE…

Category: Financial Services