Category: Regulation

June 19, 2017 BY Valentina Kirilova

Australia ACCC warns of phishing scams targeting consumers

The Australia Competition and Consumer Commission (ACCC) just warned people to stay alert to ‘phishing’ scammers pretending to be from well-known businesses and government departments trying to con unsuspecting victims out of their personal information and money. So far in 2017, the ACCC’s Scamwatch has received more than 11,000 reports of this scam, with nearly…

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fca warning
June 18, 2017 BY Valentina Kirilova

FCA warns against MRTmarkets.com

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 website MRTmarkets.com. Italy regulator CONSOB, New Zealand’s FMA, French AMF, and CySEC have already warned against this website. MRTmarkets.com is not authorised by the FCA but has…

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fca warning
June 17, 2017 BY Valentina Kirilova

FCA warns against Aequitas Financial LLP 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 Aequitas Financial LLP. Aequitas Financial LLP 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
June 16, 2017 BY Valentina Kirilova

FCA warns against Funds Point clone firm

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

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Regulation
June 16, 2017 BY Valentina Kirilova

ASIC welcomes the dawn of a new regulatory era

The Australian Securities and Investments Commission (ASIC) announced that has welcomed the passage of legislation enabling a more secure and accountable funding of the model for regulation of the Australian corporate sector. Effective from 1 July 2017, ASIC’s regulatory costs will be recovered from all industry sectors regulated by ASIC through annual levies. ASIC Chairman…

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fca warning
June 16, 2017 BY Valentina Kirilova

FCA warns against HBFX Markets 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 HBFX Markets Limited. HBFX Markets 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
June 16, 2017 BY Valentina Kirilova

FCA warns against True Blue Loans clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm True Blue Loans. 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
June 16, 2017 BY Valentina Kirilova

FCA warns against Global Fin Services Limited trading as Trade 12

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 Global Fin Services Limited trading as Trade 12. Global Fin Services Limited is not authorised by the FCA but has been targeting people in the UK…

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June 16, 2017 BY Valentina Kirilova

OSC announces increased activity in Ontario’s exempt market

The Ontario Securities Commission (OSC) announced that has published OSC Staff Notice 45-715 2017 Ontario Exempt Market Report, which provides a snapshot of the current state of Ontario’s exempt market and a preliminary assessment of recent regulatory reforms. The report summarizes capital raising activity by corporate (non-investment fund) issuers in Ontario’s exempt market during 2015…

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