McCann Erickson Israel Vice Chair Hana Rado to admit to Insider Trading in shares of Compugen LeapRate

May 21, 2017 BY LeapRate Staff

McCann Erickson Israel Vice Chair Hana Rado to admit to Insider Trading in shares of Compugen

Hana Rado, a well-known senior business executive in Israel and Vice Chair of the Israel office of global advertising agency McCann Erickson, is apparently finalizing plans to admit to charges of insider trading in shares of Compugen Ltd. (USA) (NASDAQ:CGEN). Rado will apparently plead guilty to charges that she bought NIS 50,000 (about USD $14,000)…

May 19, 2017 BY Valentina Kirilova

FCA warns against Izumi Ventures 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 Izumi Ventures. Izumi Ventures is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

May 19, 2017 BY Valentina Kirilova

FCA warns against Arkwright Property Management / Arkwright Property Development 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 Arkwright Property Management / Arkwright Property Development. Arkwright Property Management / Arkwright Property Development is not authorised by the FCA but has been targeting people in…

May 19, 2017 BY Valentina Kirilova

Hong Kong SFC adds Hilton & Frank Holdings to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

May 19, 2017 BY Valentina Kirilova

Hong Kong SFC announces appointments and re-appointments to SFC Advisory Committee

The Securities and Futures Commission (SFC) announced and welcomed the appointment and re- appointment by the Financial Secretary of members to the SFC Advisory Committee for two years from 1 June 2017 to 31 May 2019. I warmly welcome Ms Prudence Ann Bennett, Mrs Ann Kung Yeung Yun-chi and Dr Tan Yue-heng to be the…

May 19, 2017 BY Valentina Kirilova

FCA warns against Lucky Loans clone firm

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

May 19, 2017 BY Valentina Kirilova

FCA warns against PDL Finance clone firm

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

May 19, 2017 BY Valentina Kirilova

Macquarie leaked FX trades leads to ASIC enforceable undertaking

ASIC announced that has today accepted an enforceable undertaking (EU) from Macquarie Bank Limited (ASX:MQG) in relation to the bank’s wholesale foreign exchange (FX) businesses, following an ASIC investigation. ASIC is concerned that the bank failed to ensure that its systems and controls were adequate to address risks relating to instances of inappropriate conduct identified…

May 18, 2017 BY Valentina Kirilova

ESMA finds improvements in regulators' supervisory practices concerning MIFID rules

The European Securities and Markets Authority (ESMA) has published a Follow-up Report on the actions undertaken by ten National Competent Authorities (NCAs) in addressing deficiencies identified in the 2014 Peer Review on MiFID Conduct of Business rules relating to fair, clear and not misleading information (2014 Review). ESMA welcomes the efforts made by most of…

May 18, 2017 BY Valentina Kirilova

CySEC announces lapse of CIF license of HiwayFX parent Lucro Capital Ltd

The Cyprus Securities and Exchange Commission (CySEC) announced that, on 27th April 2017, the CIF HiwayFX parent Lucro Capital Ltd renounced its authorisation, pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force (the ‘Law’). Therefore, the CIF authorisation with Νumber 252/14 lapsed as from the…

Category: Regulation