Category: Financial Services

FCA regulatory sandbox FinTech WFE
June 15, 2017 BY Valentina Kirilova

FX providers advancing to Cohort 2 of the FCA’s Regulatory Sandbox include Assure Hedge, OKLink, ZipZap

The Financial Conduct Authority (FCA) today provided an update on its regulatory sandbox and unveiled the list of firms that were successful in their applications to begin testing in the second cohort of the sandbox. The regulatory sandbox allows businesses to test innovative products, services, business models and delivery mechanisms in a live environment while…

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clone firm FCA warning
June 15, 2017 BY Valentina Kirilova

FCA warns against London Private Finance Ltd clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm London Private Finance Ltd. 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…

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June 14, 2017 BY admin

Nasdaq appoints Mattias Hammarqvist as CEO of Nasdaq Broker Services AB

Nasdaq Inc. (NASDAQ: NDAQ) today announced that Mattias Hammarqvist (pictured above) has been appointed new CEO of Nasdaq Broker Services AB, effective June 14, 2017. The current CEO, Peter Ekström opted for a role as Head of Business Development at Nasdaq Broker Services with a specific focus on future business opportunities. Mattias Hammarqvist will be…

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fca warning
June 14, 2017 BY Valentina Kirilova

FCA warns against Pounds in Accounts 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 firm Pounds in Accounts. Pounds in Accounts is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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clone firm FCA warning
June 14, 2017 BY Valentina Kirilova

FCA warns against Pointfinance Limited clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Pointfinance Limited. 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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June 14, 2017 BY Valentina Kirilova

HKEX places Mayer Holdings Limited into final delisting stage

The Stock Exchange of Hong Kong Limited announced that has placed Mayer Holdings Limited into the third delisting stage today. If no viable resumption proposal is received by the end of the third delisting stage (i.e. 13 December 2017), the Company's listing will be cancelled. The MMT has also sanctioned Mayer Holdings Limited for late…

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June 14, 2017 BY Valentina Kirilova

ESMA issues Risk Dashboard for first quarter of 2017

The European Securities and Markets Authority (ESMA) has issued today its most recent iteration of its Risk Dashboard, covering risks in the EU’s securities markets for 1Q2017. ESMA’s overall risk assessment remains unchanged from 4Q16 at high levels. In 1Q17, EU financial markets remained relatively calm with stable volatility and increasing equity market prices. EU…

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