Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
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The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) today issued a joint consultation on the prescription of additional markets and clearing houses, and the prescription of Delta One Warrants, for the purpose of the over-the-counter (OTC) derivatives regulatory regime. This consultation is in response to a recent request from market…
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Deutsche Börse AG published its results for the first quarter of 2017 on Wednesday. Net revenue stood at €623.4 million, an increase of 2% year-on-year (Q1/2016: €610.5 million). The increase was largely driven by the very positive developments in the Clearstream segment as well as the growth in fixed income derivatives at Eurex. These trends…
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Both organizations are working to jointly develop and deliver a module on blockchain and distributed ledger technologies The National University of Singapore (NUS) School of Computing and the IBM (NYSE: IBM) Center for Blockchain Innovation (ICBI), a part of IBM Research, are collaborating to jointly develop a module on financial technology, to better equip students…
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Singapore Exchange (SGX) today welcomed Aoxin Q & M Dental Group Limited to Catalist under the stock code “1D4”. Aoxin Q & M Dental Group Limited is a spin-off of Mainboard-listed dental group Q & M Dental Group (Singapore) Limited’s dental services and dental equipment and supplies distribution businesses in the Northern People’s Republic of…
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The Stock Exchange of Thailand (SET), at the member ordinary meeting on April 26, 2017, announced the appointment of its board governors to replace the current governors whose term ends on May 27, 2017. One governor, Chaipatr Srivisarvacha, Chief Executive Officer of KT ZMICO Securities Co., Ltd., has been re-elected for the second term, while…
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Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
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The Financial Conduct Authority (FCA) has published data on the number of complaints reported by firms under new rules which came into force on 30 June 2016. The total number of complaints reported by firms in the second half of 2016 was 3.04 million. This number is higher than previous reporting periods because under the…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Global Marketing Online Limited / ADS Securities. 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…
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The Securities and Exchange Commission (SEC) charged a former broker with knowingly or recklessly trading unsuitable investment products in the accounts of five customers and misappropriating more than $170,000 from one of those customers. The SEC’s complaint alleges that Demitrios Hallas repeatedly traded unsuitable investments in his customers’ accounts, exposing customers who were unsophisticated with…
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