The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Liberty Specialty Markets/ Liberty Corporate Capital Markets. 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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ASIC has cancelled the Australian financial services (AFS) licences of Rebate Financial Services Pty Ltd and Capstone Capital Pty Ltd for failing to comply with a number of their key obligations as financial services licensees. In particular, ASIC has found that the two licensees failed to: lodge annual financial statements and auditor's reports; and maintain…
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The European Securities and Markets Authority (ESMA) has issued final reports on two sets of guidelines regarding the implementation of the Central Securities Depositary Regulation (CSDR). The CSDR harmonises the settlement of securities by providing a set of common requirements for central securities depositories (CSDs) operating securities settlement systems. SMA’s guidelines, which complement the CSDR…
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Trading began today in shares of ENBD REIT following its 105 million US dollar initial public offering (IPO) on Nasdaq Dubai, the region’s international exchange. ENBD REIT is a Sharia’a-compliant Real Estate Investment Trust (REIT) managed by Emirates NBD Asset Management and established in Dubai International Financial Centre (DIFC). Abdul Wahed Al Fahim, Chairman of…
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Nasdaq (Nasdaq: NDAQ) today announced that its Nordic and Baltic exchanges in Stockholm, Helsinki, Copenhagen, Iceland, Tallinn, Riga and Vilnius have issued a voluntary support program on environmental, social and governance (ESG) disclosure to support their listed companies. Many of the companies listed on the Nasdaq Nordic and Baltic exchanges are already global leaders in…
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Effective June 2017, Deutsche Börse will be offering the new market data feed CEF® ultra+ Xetra Order by Order. The new feed will provide insight into the entire visible Xetra order book with unlimited order book depth. Market Data + Services designed the high-performance data feed for market participants requiring the highest data throughput possible…
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Just two days after appointing Nick Stace as a Non-Executive Director to its board, the Financial Conduct Authority Chairman, John Griffith-Jones, has announced the appointment of a new Chair for the FCA’s independent Smaller Business Practitioner Panel. Craig Errington, Group Chief Executive of specialist financial mutual Wesleyan, becomes Chair of the FCA Smaller Business Practitioner…
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ASIC announced that has accepted an enforceable undertaking (EU) from Anthony Wilson, a former representative of Macquarie Equities Limited. Under the EU, Mr Wilson undertakes that he will not provide financial services on behalf of himself or any other person, for a period of four years. ASIC was concerned that Mr Wilson's advice during the…
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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 10 Markets.com. 10 Markets.com is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…
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Yesterday, ASIC accepted an enforceable undertaking (EU) from three Barclays foreign financial service providers (FFSPs): Barclays Capital Inc. (BCI) domiciled in the United States of America Barclays Capital Asia Limited (BCAL) domiciled in Hong Kong, and Barclays Capital Securities Limited (BCSL) domiciled in the United Kingdom, collectively 'the Barclays entities.' As part of the terms…
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