Category: Regulation

AMF alerts list
June 05, 2020 BY Steffy Bogdanova

AMF issues warning on websites fortiscapitalmanagers.com, wavetomarkets.com and others

AMF added the following websites to its blacklist: www.fortiscapitalmanagers.com www.wavetomarkets.com www.investisafe.com www.brightfinance.co fc-managementgroup.com www.klimek-consulting.com bitcoin-storm.com/fr cryptolegacypro.com/fr ovale-scpi.com cemg-groupe.com creo-conseil.com www.globalmtcorp.com www.act-financial-solutions.com www.groupe-bkint.com www.i-financial-advisor.com https://www.uniontradecenter.com www.mf-capital.fr www.tiic-conseil.com https://fr.uptos.com www.daxbase.com/fr www.bitworldfx.com www.daxioma.com/fr Read More: French AMF warns against several companies French AMF warns against the entity and the website Magaffairs

Read more
Whistleblower
June 05, 2020 BY Steffy Bogdanova

Whistleblower receives nearly $50 million award from SEC

So far, the agency has awarded over $500 million to 83 individuals for their help since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible…

Read more
ASIC suspends AFS license
June 04, 2020 BY Steffy Bogdanova

ASIC suspends the AFS licence of BBY Ltd

BBY can to ensure that the receivers and liquidators have the legal authority to transfer a client’s “holder identification number” to another market participant with instructions from the client or to convert a licensee sponsored holding to an issuer sponsored holding in accordance with the ASX Settlement Operating Rules. The company can compensate retail clients…

Read more
fca warning
June 03, 2020 BY Steffy Bogdanova

Thortons Global, JCAM Investments Limited and others added to FCA warning list

Thortons Global Address: 13 Hanover Square, Westminster, London, United Kingdom, W1S 1JD Telephone: 02036274861; 08000662141 Email: [email protected]; [email protected] Website: www.thortonsglobal.com JCAM Investments Limited (clone of authorised firm) Telephone: 02077887361 Firm Name: JCAM Investment Ltd Firm Reference Number: 586545 Address: 4th Floor East Eagle House, 108-110 Jermyn Street, London, SW1Y 6EE Telephone: 02034684920 Email: [email protected] Horizon…

Read more
FCA bans sale of crypto-derivatives to retail consumers
June 02, 2020 BY Steffy Bogdanova

FCA bans Cypriot firms Hoch Capital, Magnum FX, Rodeler and F1 Markets from offering CFDs in the UK

FCA’s actions came as a response to insufficient information to the nature of the investments, some of the investors were pressured into making increasingly large investments in CFDs, which referenced bitcoin, foreign exchange, shares and indices. In some cases, investors were even encouraged to take out credit to make the payments. The firms also failed…

Read more
asic afs license
June 01, 2020 BY Steffy Bogdanova

ASIC cancels the AFS licences of Personal Risk Management and Australian Golden Securities

ASIC also cancelled the AFS licence of Melbourne-based financial services provider and responsible entity Australian Golden Securities Ltd (formerly AFS Capital Securities Ltd) effective 21 May 2020. The Australian watchdog discovered that Australian Golden Securities did not lodge its financial and audit reports and failed to address its short comings in maintaining adequate competence and…

Read more
fca warning
May 29, 2020 BY Steffy Bogdanova

Allow Loans, Step Changing and others added to FCA warning list

Allow Loans Address: 504 Roman Road, Bow, London, E3 5LU Telephone: 02037699035 Website: http://allowloans.com/ Step Changing Telephone: 07480632791, 03338805847 Email: [email protected] Website: www.stepchanging.org.uk Compare - Free Address: 160 Queen Victoria Street EC4V 4ED Website: www.compare-free.co.uk British Bond Capital Website: https://britishbondcapital.co.uk/ Bright Finance Address: Leeds Innovation Centre, 103 Clarenton Road, LS2 9DF, Leeds, UK GmbH, HRB242418,…

Read more
May 27, 2020 BY Steffy Bogdanova

New Zealand FMA adds New Economic Evolution of the World to its warning list

The New Zealand regulator found that New Economic Evolution of the World (NEEW) (formerly Skyway Investment Group, Skyway Capital, Skyway Group) website lists bank account number in the name of a third party in Russia. “RTN” Limited Legal address: 664081, Irkutsk, Krasnokazachya st. 133/5 INN/KPP: 3811031100/381101001 OGRN: 1153850012557 Registration date: 24.03.2015 г. Payment account: 40702810448100001478 Correspondent…

Read more