OSC establishes first permanent mediation program by a Canadian securities regulator LeapRate

April 10, 2018 BY Valentina Kirilova

OSC establishes first permanent mediation program by a Canadian securities regulator

The Ontario Securities Commission (OSC) has announced that its Mediation Program, which began as a pilot in 2015, will continue on a permanent basis. It is the first and only program of its type offered by a securities regulator in Canada. The Mediation Program provides respondents who are represented by counsel and enforcement staff involved…

April 10, 2018 BY Valentina Kirilova

FCA warns against Funding Circle Loans clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Funding Circle Loans. 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…

April 10, 2018 BY Valentina Kirilova

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

April 06, 2018 BY Valentina Kirilova

FCA warns against Bee Loans clone firm

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

April 06, 2018 BY Valentina Kirilova

FCA warns against Linq Capital National Bank

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 Linq Capital National Bank. Linq Capital National Bank is not authorised by the FCA but has been targeting people in the UK and is also carrying…

April 06, 2018 BY Valentina Kirilova

Belize regulator IFSC warns against Lanvert Limited

Belize financial regulator IFSC has issued a Warning Notice regarding a company called Lanvert Limited. 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 of the IFSC Act…

April 06, 2018 BY Valentina Kirilova

FCA warns against Lily Loans clone firm

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

April 05, 2018 BY Valentina Kirilova

FCA sets out next steps to improve competition in UKs asset management industry

The Financial Conduct Authority (FCA) has informed that it has today published the latest step in its response to the concerns identified through its asset management market study. This is part of a package of remedies to ensure fund managers compete on the value they deliver, and act in the interests of the millions who…

April 05, 2018 BY Valentina Kirilova

SIX Exchange Regulation reaches an agreement with HOCHDORF Holding AG

SIX Exchange Regulation announced that it has reached an agreement with HOCHDORF Holding AG in connection with a breach of the accounting standards (Swiss GAAP FER) in the 2017 interim financial statements. The identified deficiencies relate to the treatment of a mandatory convertible bond. As part of the agreement, the company has committed itself to…

April 05, 2018 BY Valentina Kirilova

FCA warns against Absolute Capital Returns clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Absolute Capital Returns. 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…

Category: Regulation