On Wednesday 18 October 2017, 350 million shares (5 Percent) of South Kaveh Steel Company were floated at Tehran Stock Exchange (TSE) for the first time, TSE has shared. The IPO, which was conducted through book building mechanism, added IRR 12300 billion to the exchange’s market capitalization. Each equity share was traded at IRR 1760.…
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The Board of Condor Gold (AIM: CNR) just announced that the Listing Committee of the Toronto Stock Exchange (TSX) has conditionally approved the Company's application to list Condor Gold on the TSX. Condor's flagship La India Project in Nicaragua hosts 9.6 M tonnes at 3.5 g/t gold for 1,083,000 oz gold in the Indicated mineral…
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Allan Raad of Wentworthville, NSW and his brother-in-law Yousef Joseph Bazouni of Sandringham, NSW, have appeared in the Downing Centre Local Court on charges of breaching their director duties and fraudulently removing company assets, ASIC announced earlier today. ASIC alleges that Mr Raad dishonestly used his position as a director of Cornish Property Services Pty…
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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 Trading Trinity. Trading Trinity is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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To provide better support in legal and regulatory matters to listed companies, particularly SMEs and mid-tier firms, the Autorité des marchés financiers (AMF) announced that it is publishing an overview of the main provisions in force. Organised by topic and listed market, the guide is a practical, informative and easy-access resource for gaining a firmer…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Century 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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EquiChain, the London-based FinTech specialising in blockchain technology for capital markets, announced that it has been accepted into the Abu Dhabi Global Market (ADGM) Regulatory Laboratory (RegLab) programme to develop and test its latest FinTech innovation. In doing so, paving the way to become a key part of the financial market infrastructure of the United…
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Merrill Lynch International (MLI) has been fined £34,524,000 by the Financial Conduct Authority (FCA) for failing to report 68.5 million exchange traded derivative transactions between 12 February 2014 and 6 February 2016. This is the first enforcement action against a firm for failing to report details of trading in exchange traded derivatives, under the European…
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Career technologists, Martin McCann and Dr. Matthias Born, announced that they are launching a world-first lending tech for banks and traditional lenders that will help to equip them against competition from tech giants such as Facebook, Tencent, and eBay wanting to enter financial services. Trade Ledger is a lending platform that transforms digital data from…
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The European Energy Exchange (EEX) and China Beijing Environment Exchange (CBEEX) signed a Memorandum of Understanding (MoU) last Friday in order to form a strategic partnership for the joint development of the Chinese carbon market. The MoU is concluded against the background of the Chinese national emission trading system (ETS), which is expected to be…
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