France’s AMF consults on amendments to its General Regulation with regard to central securities depositories LeapRate

December 29, 2017 BY Valentina Kirilova

France's AMF consults on amendments to its General Regulation with regard to central securities depositories

Taking into account the European Regulation on central securities depositories, the Autorité des marchés financiers (AMF) announced that it is launching a public consultation until 28 February 2018 on amendments to Book V of its General Regulation, on market infrastructures. Adopted in July 2014, the European Regulation on improving securities settlement in the European Union…

NSD and Interfax launch Single Disclosure Window product

December 28, 2017 BY Valentina Kirilova

National Settlement Depository begins assigning Financial Instrument Short Names

National Settlement Depository (NSD), acting in compliance with ISO 18774, announced that it has started assigning FISNs (Financial Instrument Short Names) to securities and related financial instruments. ISO 18774 is an international standard which establishes a universal approach to reflecting the short descriptions of financial instruments based on unified rules and format. FISN is one…

Spanish Stock Market BME Bolsa de Madrid

December 27, 2017 BY Valentina Kirilova

Spanish regulator CNMV approves BME as APA and ARM

BME Regulatory Services announced today that it has received authorisation from the Spanish securities market regulator, Comisión Nacional del Mercado de Valores (CNMV), to provide Approved Publication Arrangement (APA) and Approved Reporting Mechanism (ARM) services in compliance with MiFID II and MiFIR requirements, which will come into force on 3rd January 2018. As an APA,…

December 27, 2017 BY Valentina Kirilova

Court allows SFC’s appeal in illegal short selling case

The Court of First Instance informed that it has allowed the Hong Kong Securities and Futures Commission’s (SFC) appeal against the acquittal of Mr Wong Hung of illegal short selling and ordered that the case be remitted back to the Magistrates’ Court for a re-trial. In May 2014, the Eastern Magistrates’ Court acquitted Wong on…

December 27, 2017 BY Valentina Kirilova

CMA exempts listed companies from disclosing financial statements for Q4 2017

The Saudi Arabia Capital Market Authority (CMA) has pointed out that its decision announced by the CMA Board to exempt listed companies from disclosing financial statements for the fourth quarter of the current fiscal year is part of CMA's ongoing efforts to develop the financial market in the Kingdom. It also stems from CMA's keenness…

December 27, 2017 BY Valentina Kirilova

Hong Kong SFC bans a former account executive of Get Nice Securities Limited

The Securities and Futures Commission (SFC) has banned Mr Ng Chau, a former account executive of Get Nice Securities Limited (Get Nice), from re-entering the industry for six months from 15 December 2017 to 14 June 2018 for breach of the SFC’s Code of Conduct. The SFC found that Ng effected transactions in a client’s…

December 26, 2017 BY Valentina Kirilova

FCA warns against Lolly Loans PVT Ltd clone firm

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

December 22, 2017 BY Valentina Kirilova

FCA warns against Crypto Brain clone firm

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

December 22, 2017 BY Valentina Kirilova

FCA warns against GalaFX Ltd clone firm

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

December 22, 2017 BY Mariela Naydenova

Alpari suspends withdrawals via Visa bank cards until February

Alpari Group, a well-known binary options, foreign exchange, precious metals, and CFD broker, has suspended withdrawals via Visa bank cards until February, 2018. The financial brokerage company issued a statement on their website saying the following: "Dear clients, Please be informed that due to technical difficulties, withdrawals in USD and EUR through Visa bank cards are unavailable…

Category: Regulation