The Financial Markets Authority (FMA) has announced that it has issued a formal warning to Crafters & Co Limited (Company Number: 4350380) (Crafters) and its sole director Hadleigh Petherick under s 9 of the Financial Markets Authority Act 2011. On 18 November 2015, Crafters launched a crowdfunding campaign on the PledgeMe Limited (PledgeMe) platform. During…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Great Britain loans PVT loan 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…
Read moreThe public disclosure of net short positions in EU shares influences investors’ behaviour, a recent study by the European Securities and Markets Authority (ESMA) finds ESMA shared that its latest Trends, Risks, Vulnerabilities (TRV) Report No. 1, 2018 analysed net short positions reported under the Short-Selling Regulation (SSR). The SSR data shows that there were 210,341…
Read moreUK 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 Swiss Privilege. Swiss Privilege is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
Read moreThe Securities and Exchange Commission (SEC) has announced a whistleblower award of more than $2.1 million to a former company insider whose information led to multiple successful enforcement actions. The whistleblower’s information strongly supported the findings in the underlying actions and the whistleblower provided ongoing assistance to the staff during the investigation. The SEC has…
Read moreUK 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 Loan Bank. London Loan Bank is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Michael Miller. 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 Australian Securities and Investments Commission (ASIC) has just announced that it has cancelled the Australian financial services (AFS) license of WA-based Octani Capital Pty Limited (Octani Capital). Octani Capital was deregistered on 2 March 2018 for non-payment of fees. Accordingly, its AFS license has been cancelled under s915B(3) of the Corporations Act 2001, from…
Read moreUK 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 Baltic Concert LLP. Baltic Concert LLP is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read moreUK 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 Almamarkets Limited. Almamarkets Limited 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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