Hong Kong SFC concludes consultation on online platforms LeapRate

March 29, 2018 BY Valentina Kirilova

Hong Kong SFC concludes consultation on online platforms

The Hong Kong Securities and Futures Commission (SFC) has released consultation conclusions on proposed Guidelines on Online Distribution and Advisory Platforms. The guidelines provide tailored guidance to the industry on the design and operation of online platforms, including specific guidance on the provision of automated or robo-advice. The guidelines also clarify that the posting of…

March 28, 2018 BY Valentina Kirilova

French AMF warns against the activities of unauthorised websites

The Autorité des Marchés Financiers (AMF) has published a list of new unauthorized websites offering atypical investments. Here is the list of new websites recently identified: https://www.investissement.strategie-business.com/ https://uniondelor.fr/ https://www.101-carats.com/ https://www.brookfield99.com/ A list of all unauthorized websites to offer atypical investments is available in the AMF’s website and Assurance Banque Épargne Info Service – ABE IS's website. These…

March 28, 2018 BY Valentina Kirilova

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

March 28, 2018 BY Valentina Kirilova

FCA warns against Blue Insurance UK clone firm

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

March 28, 2018 BY Valentina Kirilova

AMF shares analysis of the new tick size regime impact on the French market

Market depth, transaction cost, order lifespan, order-to-trade ratio: the Autorité des marchés financiers (AMF) informed that it has reviewed the initial effects of the European harmonised tick size regime resulting from the new MiFID II framework for markets in financial instruments. This very first reading indicates an overall improvement in market quality. European legislators introduced…

March 27, 2018 BY Valentina Kirilova

FCA warns against Credit Extra Cash clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Credit Extra Cash. 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…

March 27, 2018 BY Valentina Kirilova

Hong Kong regulators to enhance the OTC derivatives regulatory regime

The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have issued a joint consultation on further enhancements to the over-the-counter (OTC) derivatives regulatory regime in Hong Kong, including a proposal to mandate the use of the Legal Entity Identifier (LEI) for the reporting obligation. To align with global standards, all entities…

March 26, 2018 BY Valentina Kirilova

FCA warns against Money Saving Expert clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Money Saving Expert. 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…

March 26, 2018 BY Valentina Kirilova

FCA warns against Heritage Capital clone firm

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

March 26, 2018 BY Valentina Kirilova

FCA warns against Zan Partners clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Zan 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. Fraudsters are using or giving out the following details as part of their tactics to…

Category: Regulation