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 BCG Wealth Group. BCG Wealth Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read more
The Commission de Surveillance du Secteur Financier (CSSF) has just warned the public of the activities of an entity named Redbrook Financial Management, which claims to be established at 124 boulevard de la Pétrusse, L-2330 Luxembourg. The company is operating via the website www.redbrookfinancial.com. The CSSF has informed the public that Redbrook Financial Management is…
Read more
The European Securities and Markets Authority (ESMA) announced that it has launched the process for renewing its Securities and Markets Stakeholder Group (SMSG) which is made up of representatives from different sectors of the financial markets – market participants, academia, consumers, investors, employees etc. – from across the European Union. The composition of the group…
Read more
The Financial Markets Authority (FMA) has just issued a warning against a company called International Securities Exchange of New Zealand. International Securities Exchange of New Zealand Website: www.isenz-govt.org Address: 49 York Street, Parnell, Auckland 1052 Phone: +64 9 950 8782 Email: [email protected] Reason for warning: The FMA shared its concern that the “International Securities Exchange…
Read more
The French Autorité des Marchés Financiers (AMF) has informed that it amends its General Regulation and publishes an instruction following the entry into force of the new Prospectus Regulation. The national threshold above which a securities offering requires a prospectus has been raised to EUR 8 million. The implementation of this threshold on 21 July…
Read more
The Financial Markets Authority (FMA) has just issued a warning against a company called Taylor, Hodgson and Associates. Taylor, Hodgson and Associates Website: www.taylorhodgson.com Address: 85 Ghuznee Street, Te Aro, Wellington, 6012 Phone: +64 4 888 1307 Email: [email protected] Reason for warning: Taylor, Hodgson and Associates is not a registered New Zealand Company and is…
Read more
The Malta Financial Services Authority (MFSA) has just informed that it has become aware of an entity calling itself FXenergy and utilizing the website https://www.fxenergytrade.com/#/. FXenergy fraudulently claims to be regulated and licenced by the MFSA under the purported license number 5651919008284 to provide investment services. FXenergy is not a Maltese entity, it is not…
Read more
LCH Ltd (LCH), a global clearing house, has today confirmed its commitment to the FX Global Code and the UK Money Markets Code. The FX Global Code is a set of global principles of good practice in the foreign exchange market, and the UK Money Markets Code sets out the standards and best practice expected…
Read more
The Financial Markets Authority (FMA) has just issued a warning against a company called Roiteks (otherwise known as Green Oak Limited). Roiteks is operating via the website www.roiteks.com and is not registered on the Financial Service Providers Register to provide financial services in New Zealand. The regulator considers that the operations of the entity bear…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm General Asset Management. 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…
Read more