Category: Financial Services

cnmv spain forex regulation
December 18, 2017 BY Valentina Kirilova

Spain regulator CNMV warns against unregulated FX sites trade12.com and binomo.com

Spain’s financial regulator National Securities Market Commission (CNMV) has issued a warning regarding two websites - www.trade12.com and https://binomo.com. According to CNMV records, these institutions are not registered in the corresponding registry of this Commission and, therefore, are not authorized to provide investment services. Entity warned EXO CAPITAL MARKETS LIMITED WWW.TRADE12.COM TIBURON CORPORATION LIMITED HTTPS://BINOMO.COM…

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Hong Kong SFC
December 18, 2017 BY Valentina Kirilova

SFC proposes amendments to the Code on Unit Trusts and Mutual Funds

The Hong Kong Securities and Futures Commission (SFC) informed that it has today launched a three-month consultation on proposed amendments to the Code on Unit Trusts and Mutual Funds (UT Code) to update the regulatory regime for SFC-authorized funds and address risks posed by financial innovation and fast-moving market developments. Key proposals include strengthening requirements…

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December 18, 2017 BY Valentina Kirilova

Shenzhen Stock Exchange Signs MOU With Lao Securities Exchange

On 12th December, Shenzhen Stock Exchange (SZSE) signed a Memorandum of Understanding (MoU) with Lao Securities Exchange (LSX). As per the LOU, both parties shall deepen collaboration on information sharing, personnel exchanges, platform construction, market and product development, etc. General Manager of SZSE Wang Jianjun and CEO of LSX Vanhkham Voravong were present at the…

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SGX announces trading volumes
December 18, 2017 BY Valentina Kirilova

SGX welcomes Clearbridge Health Limited to Catalist

Singapore Exchange (SGX) announced that it has welcomed Clearbridge Health Limited to its Catalist under the stock code “1H3”. Clearbridge Health Limited is a healthcare company focused on the delivery of precision medicine in Asia. It aims to empower clinicians and healthcare professionals to make more reliable and accurate diagnoses, provide insights to disease management,…

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London Stock Exchange Group ELITE
December 18, 2017 BY Valentina Kirilova

LSEG's Elite continues global expansion in China

Elite, London Stock Exchange Group’s international business support and capital raising programme, announced that it has signed a Memorandum of Understanding (MoU) with Shenzhen Securities Information Company (SSIC), a wholly owned subsidiary of Shenzhen Stock Exchange (SZSE), to support the launch of Elite in China through the creation of the Elite V-Next Alliance. The signing…

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fca warning
December 15, 2017 BY Valentina Kirilova

FCA warns against Giant Global Markets Limited 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 Giant Global Markets Limited. Giant Global Markets Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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ASEAN Exchanges
December 15, 2017 BY Valentina Kirilova

Bursa Malaysia introduces new trading features to enhance flexibility in trading strategies

Bursa Malaysia Securities Berhad (“Bursa Malaysia” or “the Exchange”) has introduced new trading features, providing alternatives for market participants to efficiently execute a greater variety of trading strategies. The new and enhanced trading features are: Good-Till-Cancel – a new order validity that remains in the order book until it expires after 30 calendar days, or…

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December 15, 2017 BY Valentina Kirilova

Monetary Authority of Singapore helps individuals manage unsecured debts

The Monetary Authority of Singapore (MAS) announced today a new measure to help borrowers avoid accumulating excessive unsecured debts. The Credit Limit Management Measure will cap the additional unsecured credit that a financial institution (FI) may extend to a borrower whose outstanding unsecured debts exceed six times his monthly income. This measure will take effect…

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