Category: Financial Services

October 19, 2017 BY Valentina Kirilova

AMF and ADGM to promote innovation in financial services in France and the UAE

The French Autorité des Marchés Financiers (AMF) and the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, have signed a cooperation agreement to promote innovation in financial services in France and the United Arab Emirates (UAE). The agreement was signed between Mr Robert Ophèle, Chairman of…

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Frankfurt Stock Exchange
October 19, 2017 BY Valentina Kirilova

Varta AG listed on the Frankfurt Stock Exchange

Varta AG (ISIN: DE000A0TGJ55) was listed in the Prime Standard of the Frankfurt Stock Exchange, Deutsche Börse announced earlier today. 8.6 million new shares were placed during the IPO. The initial listing price was €24.25, the issue price €17.50. The issue's lead manager was Berenberg, UniCredit Bank acted as Joint Bookrunner. Berenberg also has the role…

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Global elite attending Davos rehashed common cryptocurrency themes
October 19, 2017 BY Valentina Kirilova

EBA issues opinion on the design of new prudential framework for investment firms

The Cyprus Securities and Exchange Commission (CySEC) has informed the Cyprus Investment Firms about the following: 1. The European Banking Authority (EBA) issued on the 29th of September 2017, its Opinion on the design and calibration of a new prudential framework for investment firms (the ‘Opinion’), which is specifically tailored to the needs of investment…

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October 19, 2017 BY Valentina Kirilova

FMA and ASIC confirm trans-Tasman collaborative approach to fintech

The Financial Markets Authority (FMA) and the Australian Securities and Investments Commission (ASIC) have re-affirmed their commitment to collaboration and cooperation on the expanding opportunities in fintech and innovation. The FMA and ASIC entered a wide-ranging Memorandum of Understanding (MoU) in 2012. Today in Sydney, senior executives from both regulators discussed the opportunities and challenges…

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etf
October 18, 2017 BY Valentina Kirilova

Cboe welcomes new Global X fund to ETF Marketplace

Cboe Global Markets, Inc. (BZX: CBOE | NASDAQ: CBOE) announced that it has today welcomed another fund to its Cboe ETF Marketplace - Global X fund. The Global X Iconic U.S. Brands ETF (Bats: LOGO) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Accuvest…

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Deutsche Börse
October 18, 2017 BY Valentina Kirilova

Deutsche Börse to launch Scale selection index in early 2018

Deutsche Börse drew a positive interim balance of the Scale SME segment launched on 1 March 2017. The trading volume of the companies that moved to Scale have more than doubled year-on-year in the first seven months since the segment’s launch, from €827 million to around €1.84 billion. The Scale All Share Index, which tracks…

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clone firm FCA warning
October 18, 2017 BY Valentina Kirilova

FCA warns against My Finance clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm My Finance. 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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etf
October 18, 2017 BY Valentina Kirilova

Cboe welcomes new issuer EventShares to ETF Marketplace

Cboe Global Markets, Inc. (BZX: CBOE | NASDAQ: CBOE) has welcomed EventShares to the Cboe ETF Marketplace, with the launch of three funds. The funds include: The Republican Policies Fund (Bats: GOP) which seeks capital appreciation by investing in market segments that Active Weighting Advisors LLC believes will be impacted by the enactment of Republican…

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clone firm FCA warning
October 17, 2017 BY Valentina Kirilova

FCA warns against Improvement Loans clone firm

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