Category: Regulation

MAS Monetary Authority of Singapore
March 14, 2018 BY Valentina Kirilova

MAS and CAD to investigate all capital markets and financial advisory offences

The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force announced that they will extend the Joint Investigations Arrangement to cover all offences under the Securities and Futures Act (SFA) and Financial Advisers Act (FAA). This will allow for greater efficiency and more effective enforcement of capital markets…

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ASIC suspends AFS license
March 14, 2018 BY Valentina Kirilova

ASIC suspends Corpac Partners' AFS license

The Australian Securities and Investments Commission (ASIC) has informed the public that it has suspended the Australian financial services (AFS) license of NSW-based Corpac Partners Pty Limited (Corpac Partners) from 28 February 2018 for failing to lodge financial statements and auditor's reports for a period of four years. This failure is in breach of both…

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FCA warning
March 13, 2018 BY Valentina Kirilova

FCA warns against Redfield Markets 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 Redfield Markets. Redfield Markets 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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clone firm FCA warning
March 13, 2018 BY Valentina Kirilova

FCA warns against Christopher Scholz clone firm

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

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FCA warning
March 13, 2018 BY Valentina Kirilova

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

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FCA warning
March 13, 2018 BY Valentina Kirilova

FCA warns against ACV Operations S.R.L 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 ACV Operations S.R.L. ACV Operations S.R.L is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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IOSCO issues statement on liquidity risk management recommendations for investment funds
March 13, 2018 BY Valentina Kirilova

IOSCO to protect senior investors from financial fraud

The Board of the International Organization of Securities Commissions (IOSCO) informed the public that it has published today a report that examines the growing vulnerability of ageing investors to financial fraud and other risks and identifies sound practices for enhancing their protection. The report Senior Investor Vulnerability reveals that seniors are at a higher risk…

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FCA warning
March 13, 2018 BY Valentina Kirilova

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

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clone firm FCA warning
March 12, 2018 BY Valentina Kirilova

FCA warns against Castle Finance Direct clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Castle Finance Direct. 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…

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