The Financial Markets Authority (FMA) has just issued a warning against a scam company called FSM SMart. FSM SMart Address: Hertensteinstrasse 51 Lucerne, Luzen 6004, Switzerland Website: www.fsmsmart.com Phone: +41 4350 84931 Email: [email protected] Reason for warning: FSM is making false and misleading claims that they are a registered financial service provider in New Zealand…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called Baihua Global. Baihua Global Website: www.bfmfx.com Email: [email protected] Reason for warning: It could be involved in a scam. The firm is misleadingly using the registration details of Booster Funds Management Limited (FSP555786), a licensed fund manager, with whom it has…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm The Co-operative Bank Plc. 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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An assessment report published today concludes that Canada´s legal, regulatory and oversight frameworks for financial market infrastructures (FMIs) are generally complete and consistent with the Principles for financial market infrastructures (PFMI), with some exceptions. The report on the Implementation monitoring of PFMI: Level 2 assessment report for Canada, published by the Committee on Payments and…
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The Polish Financial Supervision Authority (KNF) has announced that it has authorized Krajowy Depozyt Papierów Wartościowych (KDPW, The Central Securities Depository of Poland) to provide transaction reporting services as an Approved Reporting Mechanism (ARM). As an ARM, KDPW is authorised to provide transaction reporting services in the European Union. The ARM is a mechanism of…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Capricorn Finance. 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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The Financial Markets Authority (FMA) has just issued a warning against a scam company called Sanderson Consultants. Sanderson Consultants Trading name: Sanderson Consultants Address: Level 41, Gangnam Finance Center, 152 Teheran-ro, Gangnam-gu, Seoul, South Korea Website: www.sanderson-consultants.com Phone: +82-2-2008-3245 Email: [email protected] Reason for warning: The FMA has received a report from a New Zealand resident…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Purple Bridge Services 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…
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The Australian Securities and Investments Commission (ASIC) has just informed the public that it has cancelled the Australian Financial Services (AFS) license of NSW Independent Insurance Brokers Pty Ltd after finding it has ceased to carry on a financial services business. NSW Independent Insurance Brokers’ AFS license cancellation became effective on 19 July 2018. ASIC…
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Australian regulator ASIC has released a suite of seven new and updated regulatory guides to provide comprehensive guidance to the funds management industry. The guidance has been updated for changes arising from the Asia Region Funds Passport and brings all of ASIC's funds management policies up to date to help promote industry-wide consistency. The updates…
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