Category: Regulation

warning
July 06, 2017 BY Valentina Kirilova

ASIC warns investors not to engage with Skyllex

ASIC has warned the public not to use a website which promotes financial investments offered by 'Skyllex', a company incorporated in Australia. ASIC is concerned that Skyllex’s website https://skyllex.com contains false, misleading or deceptive statements in relation to financial services. The website states that 'Our activity is totally legal and regulated by the Australian Securities…

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bscs warning
July 05, 2017 BY Valentina Kirilova

AMF warns against www.chs-capital.com engaging in unauthorized investment services

According to the Autorité des marchés financiers (AMF), the validity and reliability of the investment services offered by www.chs-capital.com appears to be uncertain. Following several reports of French investors about www.chs-capital.com, the AMF issues a public warning concerning this website that pretend to offer various investments particularly in startup companies, real estate investment companies (SCPI),…

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fca warning
July 05, 2017 BY Valentina Kirilova

FCA warns against Dixon Associates 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 firm Dixon Associates Ltd. Dixon Associates 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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July 05, 2017 BY Valentina Kirilova

European Supervisory Authorities publish Q&A on the key information document (KID)

The European Supervisory Authorities (ESAs) has just published the first set of Questions and Answers (Q&A) related to the Key Information Document (KID) requirements for Packaged Retail and Insurance-based Investment Products (PRIIPs) laid down in the European Commission Delegated Regulation (EU) 2017/653. This Q&A document aims at promoting common supervisory approaches and practices in the…

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fca warning
July 05, 2017 BY Valentina Kirilova

FCA warns against TraderVC 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 TraderVC. TraderVC 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
July 04, 2017 BY Valentina Kirilova

FCA warns against Horizon Management Advisors clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Horizon Management Advisors. 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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fca warning
July 04, 2017 BY Valentina Kirilova

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

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clone firm FCA warning
July 04, 2017 BY Valentina Kirilova

FCA warns against OneTrade clone firm

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

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amf
July 04, 2017 BY Valentina Kirilova

French AMF publishes its 2017 Risk Outlook

The AMF announced that is publishing its report on the main risks to markets, savings, collective investments and financing of the economy. Released at the mid-point of the year, the mapping highlights the risks of a swift increase in interest rates, asset repricing and weakening of international coordination in financial market regulation. The AMF has…

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July 04, 2017 BY Valentina Kirilova

ESMA provides interim transparency calculations for MIFID II

The European Securities and Markets Authority (ESMA) has issued an opinion with interim transparency calculations for non-equity instruments in relation to the implementation of the Markets in Financial Instruments Directive/Markets in Financial Instruments Regulation (MiFID II). These calculations specify the transparency regime applicable to trading in secondary markets from 3 January 2018, when MiFID II…

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