Hong Kong and Australia seal agreement on fintech cooperation LeapRate

June 13, 2017 BY Valentina Kirilova

Hong Kong and Australia seal agreement on fintech cooperation

The Hong Kong Securities and Futures Commission (SFC) and ASIC today signed a Co-operation Agreement which provides a framework for cooperation to support and understand financial innovation in each economy. This Cooperation Agreement builds on the already close ties between ASIC and the SFC, as well as the Australia-Hong Kong trade and investment relationship more…

June 13, 2017 BY Valentina Kirilova

FCA warns against Marketier Holdings (trading as Stox Market) 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 Marketier Holdings. Italy’s Consob and Canadian securities regulator BCSC have already warned against this company. Marketier Holdings is not authorised by the FCA but has been…

June 13, 2017 BY Valentina Kirilova

Toronto Stock Exchange and TSX Venture Exchange expand to Israel

Yossi Boker to lead business development in key market Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) today announced Canada's leading equity markets have expanded into Israel. This move will focus on strengthening relationships with the Israeli business community and exploring new opportunities as part of the Exchanges' international growth strategy. We are very…

June 13, 2017 BY Valentina Kirilova

ASIC disqualifies Director of distribution business

Peter Thomas Gillam of Kallangur, Queensland has been disqualified by ASIC from managing corporations for four years. Mr Gillam's disqualification follows the appointment of liquidators to four companies he managed: Alliance Merchandising Pty Ltd ACN 126 232 362 (AM); Alliance Sales and Merchandising Pty Ltd ACN 165 041 378 (ASM); PBL Distributors Pty Ltd ACN…

June 12, 2017 BY admin

Compliance.ai launches AI-powered financial regulatory platform

Compliance.ai today announced the launch of its AI-powered financial regulatory platform giving users immediate access to a comprehensive collection of regulatory insights, trends and content. Compliance.ai’s SMART platform is the first SaaS based, self-service solution to provide financial organizations the power to Search, Monitor, Access, Research and Track regulatory content, in real-time. Compliance.ai’s proprietary machine learning…

June 12, 2017 BY Valentina Kirilova

Hong Kong SFC issues restriction notice on IDS Forex HK Limited

The Securities and Futures Commission (SFC) today issued a Restriction Notice on IDS Forex HK Limited prohibiting the firm from carrying on all activities for which it is licensed, disposing of or dealing with any assets held by it or held on behalf of its clients, and assisting, counselling or procuring another person to dispose…

June 12, 2017 BY Valentina Kirilova

FCA warns against Uride Car Club 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 Uride Car Club. Uride Car Club is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

June 12, 2017 BY Valentina Kirilova

FCA announces temporary restriction in short selling: Liberbank, S.A

The Financial Conduct Authority (FCA) also drew the industry’s attention to the announcement by the Spanish Comisión Nacional del Mercado de Valores (CNMV) today which restricts transactions under Article 20 (2) (a) and (b) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012. This applies to transactions…

June 12, 2017 BY Valentina Kirilova

ESMA issues positive opinion on short selling ban by Spanish CNMV

The European Securities and Markets Authority (ESMA) announced that has issued an official opinion agreeing to an emergency short selling prohibition, for a period of one month, by the Comisión Nacional del Mercado de Valores (CNMV) on net short positions in Liberbank, S.A. (Liberbank) shares under the Short Selling Regulation. The measure is expected to…

June 09, 2017 BY Valentina Kirilova

FCA warns against Imperial Equity Group Ltd 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 Imperial Equity Group Ltd. Imperial Equity Group Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying…

Category: Financial Services