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,"…
Read more
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…
Read more
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…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm UK Financial Investment Ltd. 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…
Read more
The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) have signed an agreement to strengthen co-operation on FinTech between the two cities and foster FinTech development within the region. The Co-operation Agreement (“Agreement”) was exchanged on 25 October 2017, at the FinTech Day organised by the HKMA. As part of the…
Read more
The Listing Committee of The Stock Exchange of Hong Kong Limited just announced that it has censured Mr Wang Kai, a former executive director ("ED") of Sound Global Limited (Stock Code: 967) ("Company") for breaching his obligations under the Declaration and Undertaking with regard to Directors ("Undertaking") given to The Stock Exchange of Hong Kong…
Read more
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 firm Greenshields Capital Group. Greenshields Capital Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read more
Dr. Zamir Iqbal, Vice President Finance and Chief Financial Officer of the Islamic Development Bank (IDB), rang the market-opening bell today to mark the listing of a 1.25 billion US dollar Sukuk on Nasdaq Dubai, the region's international financial exchange. The listing supports the economic development and social advancement goals of IDB, an AAA-rated multilateral…
Read more
Mr Glyn Leonard Raines, the former Chief Financial Officer of Hastie Services Pty Limited, (Hastie Services) (in external administration) has been sentenced to two years imprisonment to be served by way of an intensive corrections order on charges brought by ASIC. Mr Raines' sentence was finalised on 20 October 2017 in the District Court of…
Read more
The exchange sector continued to demonstrate positive returns for investors with continued positive performances on the FTSE Mondo Visione Exchanges Index in Q3 of 2017. Bulgarian Exchange topped the leader board with an increase in share value of 67.3 per cent in Q3 2017 against a 6.6 per cent increase in Q2 2017. B3 SA…
Read more