Category: Regulation

ESMA bond liquidity data
July 16, 2019 BY Valentina Kirilova

ESMA consults on performance fee guidelines for retail funds

Busy days for the EU’s securities markets’ regulator ESMA, as the regulator has just published a public consultation on draft guidelines on performance fees under the Undertakings for Collective Investments in Transferable Securities (UCITS) Directive. LeapRate reminds that last week, ESMA has published a statement, addressed to providers marketing, distributing or selling CFDs to retail…

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fca warning clone firm
July 16, 2019 BY Valentina Kirilova

UK FCA issues two more clone firm warnings

The UK Financial Conduct Authority (FCA) has put out details of two more clone firms this week - J and E Davy and AZR Capital. 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…

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clone firm FCA warning
July 15, 2019 BY Valentina Kirilova

FCA warns against Green Ash Partners LLP clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Green Ash Partners LLP. 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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ESMA ceases renewal of product intervention CFDs measures
July 12, 2019 BY Valentina Kirilova

ESMA warns providers selling CFDs to retail clients

The EU’s securities markets’ regulator ESMA has just published a statement addressed to providers marketing, distributing or selling CFDs to retail clients. The regulator pointed out that it has serious concerns about firms’ marketing, distribution or sale of CFDs to retail clients and reminded CFD providers about some of the requirements connected with the offering…

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bscs warning
July 12, 2019 BY Valentina Kirilova

New Zealand FMA warns against Ideal Services Direct Contact

The Financial Markets Authority (FMA) has recently added few more companies to its list of unregulated firms. The newest additions are Skyway Capital/Skyway Group and MBI International/MFC Club. Skyway Capital/Skyway Group Trading name: Skyway Capital Associated entities: SkyWay Investment Group, RSW Investment Group Ltd Address: 10 Great Russell Street, London, United Kingdom WC18 3BQ. Phone:…

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cysec cif license
July 11, 2019 BY Valentina Kirilova

CySEC permanently deletes Z. Holender Cyprus Office Ltd from the Register

The Cyprus Securities and Exchange Commission (CySEC) announces that, on 27th May 2019, the Company Providing Administrative Services Z. Holender Cyprus Office Ltd waived its authorisation pursuant to section 16(1) of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as in force (the ‘Law’). The Company’s authorisation with Νumber 138/196, which…

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fca warning
July 11, 2019 BY Valentina Kirilova

FCA warns against several unauthorised firms

UK financial regulator Financial Conduct Authority (FCA) have issued their latest warnings against several unregulated financial services providers and clone firms targeting UK consumers. The FCA’s latest warnings are against the companies: Rapid Cash Loans (clone of FCA authorised firm) Telephone: 03335671204; 03335671078; 03333034467; 03335671304; 02032895691 Email: [email protected]; [email protected]; [email protected]; [email protected] Payment Solutions Group (clone…

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cssf warning
July 10, 2019 BY Valentina Kirilova

Luxembourg regulator CSSF warns against SAP one

The Commission de Surveillance du Secteur Financier (CSSF) has just warned the public of the activities of an entity named SAP one. SAP one is operating via the website: www.sap-one.net, and claims to be established at 1 rue Hildegard Von Bingen, L-1282 Luxembourg. The CSSF has informed the public that an entity named SAP one…

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fca warning
July 04, 2019 BY Valentina Kirilova

FCA warns against several unauthorised firms

UK financial regulator Financial Conduct Authority (FCA) have issued their latest warnings against several unregulated financial services providers targeting UK consumers. The FCA’s latest warnings are against the companies: Hill Law Associates Address: 150 S Wacker Dr, Chicago, IL, 60606, USA Telephone: +1 855 500 1057 Email: [email protected] Website: www.hill-lawassociates.net Levenson Corporate Partners Address: 2258…

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