Category: Regulation

fca warning
June 19, 2020 BY Steffy Bogdanova

Smart bonds, Select Invest and others added to FCA warning list

Smart bonds Website: www.my-smartbonds.co.uk Select Invest Website: www.select-invest.co.uk The Investmentheads Address: 2 Constance Street, London, E16 2DQ Telephone: 07832190826 Email: [email protected] Website: https://investmentheads.co.uk/ CompareFixedRateBonds Address: 52-160 Kemp House, London, EC21 V2NX Telephone: 020 8050 1504 Email: [email protected] Website: https://www.comparefixedratebonds.co.uk/ British Bonds Address: 2 Bankside London Website: www.british-bonds.org.uk First Claims Group Email: [email protected] Website: https://www.paydayclaimhelp.co.uk/ FCA…

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FCA bans sale of crypto-derivatives to retail consumers
June 19, 2020 BY Steffy Bogdanova

Mini-bond marketing ban to be made permanent in the UK

The mini-bond ban will apply to the most complex and opaque deals where the raised funds are lent to a third party, to buy or acquire investments or to buy or fund the construction of property. There are exemptions such as regularly traded listed bonds, companies which raise funds for their own commercial or industrial…

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cysec cif licence suspension
June 18, 2020 BY Steffy Bogdanova

CySEC suspends Daweda Exchange's CIF licence

With the withdrawal of the its licence, Daweda Exchange should not provide investment and ancillary services. The company should immediately delete all references in its websites of investment services and CySEC licence and return all funds and financial instruments to its clients. CySEC also found the executive members of the company’s board of directors, Hamed…

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AFCA discloses the details of 680 non-compliant firms
June 16, 2020 BY Steffy Bogdanova

AFCA announces the details of non-compliant firms

The AFCA membership ensures financial firms meet their legal obligations when they are operating as an Australian Financial Services Licensee, Australian Credit Licensee, are a Superannuation Trustee or are an Authorised Credit Representative. The Authority attempted to contact the firms in question and to invite them to contact their tram to discuss payment options for…

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fca warning
June 16, 2020 BY Steffy Bogdanova

BillionsFX, Investpedia and others added to FCA warning list

BillionsFX Telephone: +447933140942 Website: https://www.billionsfx.co.uk Investpedia Address: 13 Finsbury, London, NW2 50Q Email: [email protected] Website: www.investpedia.co.uk Retire Young FX Email: [email protected] Website: https://www.retireyoungfx.com Instagram: @retireYoungFX; @Iamsulaymanahmed HW Securities Address: Unit A & B 19/F United Centre, 95 Queensway, Hong Kong; 77 Sir John Rogerson's Quay, Grand Canal Dock, Dublin, Ireland, D02 VK60; Millennium Tower, Osloer…

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Canadian regulator BCSC warns against Highgoldminings.com, Crypto Hallmark Investment and others
June 15, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against Highgoldminings.com, Crypto Hallmark Investment and others

Cryptominas is based in Canada and offers an automated platform that allows investors to earn profits daily with different investment plans in cryptocurrency trading. However, the company does not appear to be registered to trade in BC. Crypto-ct.com (Crypto-ct) is based in Asia and offers an online cryptocurrency trading platform. A crypto trading platform may…

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Societe Generale
June 15, 2020 BY Steffy Bogdanova

ASIC places new licence conditions on Societe Generale

The Australian regulator has requested that SocGen to appoint an independent expert to assess and test its controls, systems and processes to ensure compliance and identify any deficiencies and set out any remedial action. The additional AFS license conditions also require SocGen to provide attestations from a qualified senior executive and a board member that…

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fca warning
June 11, 2020 BY Steffy Bogdanova

UK Bonds Capital, Swissquotes Ltd and others added to FCA warning list

UK Bonds Capital Address: 60a Holborn Viaduct, Holborn, London EC1A 2DE Website: www.ukbondscapital.co.uk British Bonds Company Address: 145 City Road, Hoxton, London EC1V 1AW Telephone: 02037695631 Website: https://britishbondscompany.co.uk/ Hamamatsu Merger Group Address: Shiroyama Trust Tower 21F, 4-3-1 Toranomon, Minato-ku, Tokyo 105-0001 Japan Telephone: +81 505 213 0406 Email: [email protected],  [email protected], [email protected] Website: www.hamamatsumerger.com Carter Lee…

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fca warning
June 09, 2020 BY Steffy Bogdanova

Noris ISA, Which Bonds UK and others added to FCA warning list

Noris ISA (clone of FCA authorised firm) Address: 55 Moorgate, London EC2R 6LL Telephone: 0118 207 2782 Email: [email protected], [email protected] Website: www.norisisa.com Which Bonds UK Website: http://www.whichbonds.co.uk/ Nateus Group (Clone of an EEA authorised firm) Address: 65 London Wall London EC2M 5TU United Kingdom Telephone: 02038077681, 0203 808 7010, 02038079112, 02038070830 Email: [email protected], [email protected] Website:…

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