Category: Regulation

Hong Kong SFC
July 13, 2018 BY Valentina Kirilova

SFC standardises rules for prescribing professional investors

The Hong Kong Securities and Futures Commission (SFC) announced that amendments to the Securities and Futures (Professional Investor) Rules (PI Rules) have come into operation today. The categories of professional investors have been expanded to include holding companies which wholly own another corporation which is itself a qualified professional investor. Directors of holding companies should…

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Belize regulator IFSC warning
July 13, 2018 BY Valentina Kirilova

Belize regulator IFSC warns against Sigma market

Belize financial regulator IFSC has issued a Warning Notice regarding a company called Sigma market, operating via website www.sigma-market.com. The entity is not licensed under the IFSC Act to provide, carry on, transact, or hold himself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule…

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FCA warning
July 13, 2018 BY Valentina Kirilova

FCA warns against Spot2Trade Ltd 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 Spot2Trade Ltd. Spot2Trade Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

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fca warning
July 12, 2018 BY Valentina Kirilova

FCA warns against London Option Exchange

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 London Option Exchange. London Option Exchange is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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fma scam alert
July 12, 2018 BY Valentina Kirilova

New Zealand FMA warns against Skyway Capital and Skyway Group

The Financial Markets Authority (FMA) has just issued a warning against the company Skyway Capital/Skyway Group. Skyway Capital/Skyway Group Trading name: Skyway Capital Address: 10 Great Russell Street, London, United Kingdom WC18 3BQ. Phone: +7(495)419 04 56 Reason for warning: It has been brought to the attention of FMA that Skyway Capital and its associates…

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Regulation
July 12, 2018 BY Valentina Kirilova

Ugandan Capital Markets Authority teams up with CISI

The Ugandan Capital Markets Authority (CMA) has announced the Chartered Institute for Securities & Investment (CISI) as one of its key partners in ensuring its practitioners are qualified to global best practice standards. The CMA, which is the regulator for the Ugandan capital markets sector, launched the “certification and competency” announcement to the market at…

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bscs warning
July 12, 2018 BY Valentina Kirilova

AMF warns against Agronomix and its French subsidiary Agronomix France

The Autorité des marchés financiers (AMF) has just issued a warning against the activity of AGRONOMIX and its French subsidiary AGRONOMIX FRANCE. The AGRONOMIX Group, via its French subsidiary AGRONOMIX FRANCE (www.agronomix-france.fr) offers French investors the opportunity to finance agricultural activities in Ivory Coast with unrealistic rates of return over 200% after 6 months and…

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FCA warning
July 12, 2018 BY Valentina Kirilova

FCA warns against McGarry Corporate Partners

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 McGarry Corporate Partners. McGarry Corporate Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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July 12, 2018 BY Valentina Kirilova

ESMA warns UK entities to prepare for a no-MiFID hard Brexit

The European Securities and Markets Authority (ESMA) has announced that it is issuing a Public Statement in order to raise the awareness of all market participants on the importance to prepare for the possibility of no agreement in the context of the United Kingdom withdrawing from the European Union. As there is no assurance that a…

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Thomson Reuters is now authorised Benchmark Administrator under the EU BMR
July 12, 2018 BY Valentina Kirilova

Thomson Reuters is now authorised Benchmark Administrator under the EU BMR

Information giant Thomson Reuters (NYSE:TRI) has today announced that it has been approved as an authorized Benchmark Administrator under the EU Benchmarks Regulation (BMR) which came into effect on January 1, 2018. As an authorized administrator, Thomson Reuters Benchmark Services Limited (TRBSL), a subsidiary responsible for certain benchmarks and indices, is now certified to continue…

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