Category: Regulation

June 12, 2018 BY Valentina Kirilova

ASIC implements financial benchmark regulatory regime

Australian regulator ASIC announced that it has today finalised and published benchmarks rules, a significant benchmarks declaration, and a regulatory guide in a further series of measures towards establishing a comprehensive regulatory regime for financial benchmarks. This follows the establishment of a robust licensing regime for financial benchmarks through the recent passage of legislation through…

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June 11, 2018 BY Valentina Kirilova

FCA warns against Efforex clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Efforex. 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 scam…

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June 11, 2018 BY Valentina Kirilova

FCA warns against Tradeovest clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Tradeovest. 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 scam…

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June 08, 2018 BY Valentina Kirilova

FCA warns against The Haighton Ruth Group clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm The Haighton Ruth Group. 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 08, 2018 BY Valentina Kirilova

FCA warns against Newmont Wealth Advisory 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 company Newmont Wealth Advisory. Newmont Wealth Advisory is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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June 08, 2018 BY Valentina Kirilova

FCA warns against Light Finance clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Light 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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June 08, 2018 BY Valentina Kirilova

CBIRC and Hong Kong SFC sign MoU

The China Banking and Insurance Regulatory Commission (CBIRC) and the Hong Kong Securities and Futures Commission (SFC) have announced that they have entered into a Memorandum of Understanding (MoU). The MoU is regarding the cooperation and exchange of information in connection with the supervision and oversight of regulated entities of the CBIRC or the SFC…

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June 08, 2018 BY Valentina Kirilova

FCA warns against Mutual Fund Ltd clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Mutual Fund 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 tactics…

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June 07, 2018 BY Valentina Kirilova

FCA warns against Loanovao clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loanovao. 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 scam…

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