ASIC anounced that has permanently banned Mr Robert Hutchison, of Lower Chittering in Western Australia, from providing financial services. Mr Hutchison is a director of WAWM Investment Holdings Pty Limited and was an authorised representative of RI Advice Group Pty Ltd (RI Advice) between 14 May 2007 and 30 November 2012. RI Advice is an…
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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 Sky Protect Limited. Sky Protect 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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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 UK TV Care Limited. UK TV Care Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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The Financial Conduct Authority (FCA) today provided an update on its regulatory sandbox and unveiled the list of firms that were successful in their applications to begin testing in the second cohort of the sandbox. The regulatory sandbox allows businesses to test innovative products, services, business models and delivery mechanisms in a live environment while…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm London Private Finance 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…
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ASIC announced that has disqualified former director Mr Colin Geoffrey Oxlade, of Adelaide, from managing companies for four years. Mr Oxlade's disqualification follows the appointment of liquidators to two companies he managed: Vanilla Management & Investment Group Pty Ltd (ACN 140 550 787) Africa Uranium Ltd (ACN 123 144 347) ASIC also found that: Mr…
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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 Pounds in Accounts. Pounds in Accounts is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Pointfinance Limited. 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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The European Securities and Markets Authority (ESMA) has issued today its most recent iteration of its Risk Dashboard, covering risks in the EU’s securities markets for 1Q2017. ESMA’s overall risk assessment remains unchanged from 4Q16 at high levels. In 1Q17, EU financial markets remained relatively calm with stable volatility and increasing equity market prices. EU…
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The European Commission is proposing targeted reforms to further improve the financial stability of the European Union. Central counterparties (CCPs) from the EU are already well regulated and equipped to deal with financial distress, thanks to a raft of measures adopted in the wake of the financial crisis. However, further reforms to ensure a more…
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