Category: Regulation

fca warning
September 15, 2017 BY Valentina Kirilova

FCA warns against FCA Market - Financial Contract Authority 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 firm FCA Market - Financial Contract Authority. FCA Market - Financial Contract Authority is not authorised by the FCA but has been targeting people in the UK…

Read more
Belize regulator IFSC warning
September 14, 2017 BY Valentina Kirilova

Belize regulator IFSC warns against Harvey Lennon individual

Belize financial regulator IFSC has issued a Warning Notice regarding a person by the name of ‘Harvey Lennon’ who is falsely and fraudulently representing to hold a personal licence issued by IFSC for the carrying on of the business of Expert Advisor/ Consultancy/ Advisory for Trading in Foreign Exchange. The Licence carrying his name is…

Read more
Belize FX regulation
September 14, 2017 BY Valentina Kirilova

Belize regulator IFSC warns against Bitcoin wallet company Birch Stone Limited

Belize financial regulator IFSC has issued a Warning Notice regarding a company called Birch Stone Limited. It has come to the notice of the International Financial Services Commission of Belize (IFSC) that Birch Stone Limited, an International Business Company registered in Belize, operating with trading name Bitlio, is offering bitcoin wallet services which allows its…

Read more
clone firm FCA warning
September 13, 2017 BY Valentina Kirilova

FCA warns against Positive Lending clone firm

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

Read more
Belize regulator IFSC warning
September 13, 2017 BY Valentina Kirilova

Belize regulator IFSC warns against Ferdinald Hill individual

Another announcement made by Belize financial regulator IFSC today, the regulator has issued a Warning Notice regarding a person named Ferdinald Hill. According to the IFSC, a person by the name of ‘Ferdinald Hill’ is falsely and fraudulently representing to hold a personal licence issued by IFSC for the carrying on of the business of…

Read more
fca warning
September 13, 2017 BY Valentina Kirilova

FCA warns against Genworth Consultant Group

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 firm Genworth Consultant Group. Genworth Consultant Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

Read more
Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
September 13, 2017 BY Valentina Kirilova

SEC releases statement on T+2 implementation

Last week, on September 5, 2017, the securities industry successfully implemented a shortened settlement cycle for most securities transactions, pursuant to amendments to Rule 15c6-1 that the Securities and Exchange Commission (SEC) adopted earlier this year. The move to a two business day standard settlement cycle – or T+2 – was the product of extensive preparation…

Read more
fma warning
September 13, 2017 BY Valentina Kirilova

French AMF warns against Naftoil firm and director

France's market regulator the Autorité des marchés financiers (AMF) has warned the public against the activities of “Naftoil” company and its director Mr Raphael Comté proposing investments services without being authorized to do so. This company is not authorized by the AMF to provide investment services. The AMF reminded investors and individuals responsible for marketing…

Read more
clone firm FCA warning
September 13, 2017 BY Valentina Kirilova

FCA warns against Financial Point clone firm

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

Read more