Category: Regulation

Nasdaq Copenhagen Improves Small Cap Market Access For Non-Nordic Trading Members
December 21, 2017 BY Valentina Kirilova

Nasdaq Nordic receives European Approved Publication Arrangement (APA) license

Today Nasdaq (Nasdaq:NDAQ) Nordic announced that it has been approved as an Approved Publication Arrangement (APA) by Finansinspektionen, the Swedish Financial Supervisory Authority (FSA). The license, within Nasdaq Stockholm, is a requirement in order to publish trades executed OTC, outside a regulated trading venue, on behalf of all European investment firms. New MiFID II regulations…

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Belize regulator IFSC warning
December 21, 2017 BY Valentina Kirilova

Belize regulator IFSC revokes FM Marketing Ltd. trading license

Belize financial regulator IFSC announced that it has revoked the License for Trading in Financial and Commodity-based Derivatives Instrument and other Securities (“Trading in Securities”), reference number IFSC/60/372/TS/17, issued to FM Marketing Ltd. (the “Company”) with immediate effect, pursuant to section 7(8) of the International Financial Services Commission Act, Chapter 272 of the Substantive Laws…

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December 21, 2017 BY Valentina Kirilova

France's AMF warns against unauthorized websites offering diamond investments

The Autorité des marchés financiers (AMF) has published a list of new websites offering diamond investments, for which no authorized investment services provider could be clearly identified. Here is the list of new websites recently identified: https://alternativeplacement.com/ https://capitaldiams.com/fr/ https://crown-diamonds.com https://www.dc-pla.com/ http://www.diamants-epargne.org/ http://www.diamcenter.com/ http://www.diam-invest.com/fr/ https://www.diamonds-markets.com/ https://www.diamselection.com/ https://eurodiamond-market.com http://www.excellencevendome.com/ http://www.executive-diamond.com/ https://gestion-patrimoine4c.com/ http://hyscopatrimoine.com/ http://land.premium-diamond.com/ http://www.nouveauxplacements.com/ https://noveamining.com/ https://www.origin-diamonds.com/ http://patrimoinesolution.com/…

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clone firm FCA warning
December 20, 2017 BY Valentina Kirilova

FCA warns against Loans 4 All Needs clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loans 4 All Needs. 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…

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CFTC offices
December 20, 2017 BY Valentina Kirilova

CFTC revokes FBOT registration upon request of CME Europe

The Commodity Futures Trading Commission (CFTC) on December 15, 2017 issued an order revoking the foreign board of trade (FBOT) registration of CME Europe Limited (CMEEL). Such registration permits an FBOT to allow identified members or other participants located in the United States to enter trades directly into the trade matching system of the FBOT.…

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Hong Kong SFC
December 20, 2017 BY Valentina Kirilova

SFC launches consultation on OTC derivatives and conduct risks

The Hong Kong Securities and Futures Commission (SFC) today launched a two-month consultation on proposals to refine the over-the-counter (OTC) derivatives regime and to require licensed corporations to properly manage financial exposures to connected persons. In response to market comments, the SFC proposes to refine the scope of regulated activities (RAs) to provide more clarity…

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FCA
December 20, 2017 BY Valentina Kirilova

FCA response to ESMA's public statement on LEIs

ESMA issued a public statement this morning to support the smooth introduction of the Legal Entity Identifier (LEI) requirements for MiFID II implementation. This statement outlines temporary measures in respect of LEI for clients that are legal persons, and LEI for issuers. FCA's complete response to ESMA's statement can be seen below: The FCA recognises the…

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warning
December 20, 2017 BY Valentina Kirilova

France's AMF adds Edge Capital Fund to its Forex Black List

The Autorité des marchés financiers (AMF) and the ACPR have published a list of new websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without authorisation to do so. Here is the new website recently identified: www.edgecapitalfunds.com / EDGE CAPITAL FUND A list of all unauthorized websites to offer investments…

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ESMA ceases renewal of product intervention CFDs measures
December 20, 2017 BY Valentina Kirilova

ESMA issues statement on LEI implementation under MIFID II

The European Securities and Markets Authority (ESMA) has issued today a statement to support the smooth implementation of Legal Entity Identifiers (LEI) requirements under the Markets in Financial Instruments Regulation (MiFIR). MiFIR obliges EU investment firms to identify their clients that are legal persons with LEIs for the purpose of MiFID II transaction reporting. Trading…

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