Share subscription of Noratis AG has started today and is expected to last until 27 June, Deutsche Börse announced earlier today. The portfolio developer of real estate plans its listing in the Frankfurt Stock Exchange’s Scale segment on 30 June. According to information provided by the company, the Noratis AG is a portfolio developer of…
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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 Capital Markets Banc. Capital Markets Banc is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Autorité des Marchés Financiers (AMF) is conducting a public consultation on changes to its General Regulation and policy on investment services provider requirements regarding knowledge and competence assessments. The consultation will end on 20 July 2017. As part of its implementation of ESMA guidelines on the assessment of knowledge and competence ahead of the…
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Moscow Exchange announced it has completed dividend payments for 2016. The total sum paid was RUB 17.5 billion, representing 69.4% of 2016 consolidated net profit under International Financial Reporting Standards (IFRS). The dividend was RUB 7.68 per ordinary share. A total of RUB 13.9 billion was paid out to minority shareholders via the nominee holder…
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MSCI announced today that beginning in June 2018, it will include A shares in the MSCI Emerging Markets Index. Mr Ashley Alder, the SFC’s Chief Executive Officer, commented: The inclusion of A shares in the MSCI Emerging Markets Index signifies the growing importance of the A-share market to international investors, and will further strengthen Hong…
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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 East Coast Law Firm. East Coast Law Firm is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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ASIC has released its latest report outlining decisions on relief applications, highlighting ASIC’s efforts to reduce red-tape and achieve a practical, positive outcome for companies seeking some regulatory flexibility. The granting of relief which has a net regulatory benefit, or which facilitates business or cuts red tape without harming stakeholders, is an important part of…
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Effective today, Clearstream, together with Euroclear Bank, announced that offers improved settlement activity on the Bridge. Customers can enjoy a much faster turnaround for Bridge settlement and extended timeframes in which to carry out their trades for all Bridge-eligible securities, thanks to improved interopability between the two international central securities depositories. Bridge enhancement customer benefits…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Blackrock Asset Management. 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…
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Custody business for European ETFs grew by 25% over past 12 months / Vestima platform simplifies complex cross-border transactions for ETF issuers Exchange-traded funds (ETFs) have been highly successful with investors in recent years. Clearstream’s latest monthly report testifies to the buoyant demand for these passively managed, flexible and extremely versatile instruments, which are meeting…
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