The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Holzmann Friedrich. 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…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Gumpold Christian & Co. 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…
Read moreThe Hong Kong Securities and Futures Commission (SFC) announced that it has entered into a memorandum of understanding (MoU) with the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) providing for consultation, cooperation and exchange of information in connection with the supervision and oversight of cross-border regulated entities in Hong Kong and Germany. BaFin is the integrated financial…
Read moreThe Financial Markets Authority (FMA) has just issued a warning to a company called Oracle Finance International Inc Limited. The reason the regulator stated the warning is that Oracle Finance International Inc Limited and the following websites are making false claims about being registered in New Zealand when they are not: www.oracle-fx.com http://tg.oracle-fx.com/list-2-1.html http://630264.shop.258.com/ http://www.gq1688.com/index.php?homepage=zj41973…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Primus Forex Financial 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…
Read moreAustralian regulator Australian Securities and Investments Commission (ASIC) has announced earlier today that Australian financial services licensee Allied Financial Solutions Pty Ltd (Allied) will undergo an independent external review of its record keeping, supervision and compliance arrangements following an ASIC surveillance. During a surveillance of an Allied authorised representative, ASIC found that Allied had failed…
Read moreASIC has just informed the public that it has permanently banned Desiree Veronica Macpherson from providing financial services. ASIC found that in relation to Ms Macpherson’s involvement with the development and promotion of the Newman Estate Project in the Pilbara region of Western Australia that Ms Macpherson had engaged in misleading and deceptive conduct, that…
Read moreAustralian regulator ASIC has announced that it has cancelled the Australian financial services (AFS) licenses held by SmarTrader Limited (SmarTrader) and BBY Advisory Services Pty Ltd (BBY Advisory), effective from 18 May 2018 and 22 May 2018 respectively. ASIC has also decided to extend the suspension of the AFS license held by BBY Limited (BBY)…
Read moreThe Nova Scotia Securities Commission (NSSC) has announced that it has approved a settlement agreement with Vestcap Investment Management Inc. Vestcap Investment Management Inc. is a portfolio management firm with its head office in Toronto. In 2006 they opened five investment accounts for a couple living in Alberta. In 2008 the couple relocated to Nova…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm VBM Capital Partners. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Be aware that the scammers may give out other false details or mix them…
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