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 Premium Peak Ltd T/A Greenfields Capital. Premium Peak Ltd T/A Greenfields Capital is not authorised by the FCA but has been targeting people in the UK…
Read moreThe Commission de Surveillance du Secteur Financier (CSSF) has just issued a warning of the activities of an entity named Swiss American Capital Group Ltd. The company operates at website: www.swcagroup.com, and claims to be established at rue Jean Monnet, 2180 Kirchberg, Luxembourg. The CSSF informs the public that Swiss American Capital Group Ltd is…
Read moreASIC has announced that it has permanently banned Mr Grant Desmond Taylor, of Montmorency, Victoria from providing financial services after finding he engaged in dishonest and deceptive conduct towards his clients. ASIC also found that Mr Taylor was not of good fame or character. Mr Taylor was an authorised representative of GWM Adviser Services Ltd…
Read moreThe Ontario Securities Commission (OSC) has just made a warning against BitConnect. BitConnect manages the websites bitconnect.co and bitconnectcoin.co, where it claims to operate an online exchange platform known as the BCC Exchange. These sites offer multiple investment opportunities that include “mining”, “trading” and “staking” BitConnect Coin, which is also known as BCC Coin. BitConnect…
Read moreASIC has announced that it has banned Queensland financial adviser Gerald Grubwinkler from providing financial services for four years. ASIC found that Mr Grubwinkler failed to act in his clients' best interests when providing advice on superannuation and insurance. Specifically, ASIC found that Mr Grubwinkler had failed to: adequately identify the subject matter and scope…
Read moreThe World Federation of Exchanges (WFE), the global industry group for exchanges and central counterparties (CCPs), has just published its annual WFE IOMA Derivatives Market Report (.pdf file) today, which shows the total volume of derivatives traded in 2017 declined by 0.2%. Stock markets worldwide and the global economy ended 2017 on a strong note. Benchmark…
Read moreThe European Securities and Market Authority (ESMA) announced that it has issued a negative opinion on the Autorité des marchés financiers (AMF)’s project related to an accepted market practice on liquidity contracts. The AMF has informed that it regrets the negative nature of this opinion and will duly consider how to follow it up. In…
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 Bluestone Asset Management (Europe) S.A. Bluestone Asset Management (Europe) S.A. is not authorised by the FCA but has been targeting people in the UK and is…
Read moreThe 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…
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