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 Finance Active UK Limited. Finance Active UK Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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Following an application by ASIC, the Supreme Court of NSW has made orders, by consent, for the winding up of Courtenay House Capital Trading Group Pty Ltd and Courtenay House Pty Ltd (Courtenay House companies) and the appointment of Said Jahani and John McInerney, of Grant Thornton, as joint liquidators to both companies. ASIC sought…
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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 Security Capital Consultants. Security Capital Consultants is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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On 11 May 2017, AlfaStrakhovanie was admitted to trading on Moscow Exchange (MOEX)'s FX Market and executed its first FX trades. AlfaStrakhovanie is the first insurance company to gain direct access to on-exchange foreign currency trading. Igor Marich, Managing Director of the FX and Money Markets at Moscow Exchange, said: It is a current global…
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The People's Bank of China (PBC) and the Hong Kong Monetary Authority (HKMA) today jointly announced plans to establish a mutual market access scheme to connect the Mainland China and Hong Kong bond markets (Bond Connect). Through the bridging of related Mainland and Hong Kong financial infrastructure institutions, investors in one market will be able…
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Abu Dhabi Securities Exchange (ADX) announced that has granted SHUAA Capital International Ltd. (a subsidiary of SHUAA Capital) a license to serve as Market Maker on the Exchange. The number of registered Market Makers on ADX has now reached three, including National Bank of Abu Dhabi and Al-Ramz Capital. The announcement came during an event…
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The Securities and Exchange Commission (SEC) announced that Robert B. Stebbins has been named General Counsel of the agency. The General Counsel is the chief legal officer of the agency, providing a variety of legal services to the Commission and staff. Bob is an exceptional attorney and counselor, and I know his depth of knowledge…
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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 VRS Law Firm. VRS Law Firm 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 Financial Industry Regulatory Authority (FINRA) today requested comment on its rules governing outside business activities and private securities transactions as part of a new retrospective rule review. The review aligns with the ongoing FINRA360 initiative, a comprehensive review of the organization’s operations and programs. The review centers on rules governing broker-dealer employees’ business and…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Norde Bank. 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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