Category: Regulation

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…

Read more
clone firm FCA warning
July 02, 2019 BY Valentina Kirilova

UK FCA issues warnings against two clone firms

The UK regulator FCA has put out details of two more clone firms today. 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 scam people…

Read more
fca warning
June 28, 2019 BY Valentina Kirilova

UK FCA warns against more unlicensed companies

Another busy week for the UK regulator… the FCA has put out details of more firms today. 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…

Read more
asic afs license
June 26, 2019 BY Valentina Kirilova

ASIC cancels AFS licence of Guarded Pty Ltd and BBY Ltd

The Australian regulator ASIC announced today that it has cancelled the Australian financial services (AFS) licence of Sydney-based Guarded Pty Ltd for failure to comply with financial services laws, effective from 27 May 2019. Guarded failed to maintain competence to provide the financial services authorised by its licence after its responsible manager, who had been…

Read more
asic charges
June 25, 2019 BY Valentina Kirilova

Hacker jailed for insider trading

Australian regulator ASIC announced earlier today that IT consultant Steven Oakes has been sentenced to a total effective sentence of 3 years imprisonment. He will, however, be released after serving 18 months of the term of imprisonment, on his own recognisance to be of good behaviour for 18 months. The hacker was pleading guilty to…

Read more
cssf warning
June 24, 2019 BY Valentina Kirilova

Luxembourg regulator CSSF warns against S&P Broker

The Commission de Surveillance du Secteur Financier (CSSF) has just warned the public of the activities of an entity named S&P Broker. S&P Broker is operating via the website https://snpbroker.io and claims to be established at 2 rue Edward Steichen, 2540 Luxembourg. According to the regulator, S&P Broker is unknown to it and that the…

Read more
fca warning clone firm
June 20, 2019 BY Valentina Kirilova

UK FCA issues more clone firm warnings this week

Busy week for the UK regulator - FCA has put out details of more clone firms today. 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…

Read more
clone firm FCA warning
June 19, 2019 BY Valentina Kirilova

UK FCA issues three clone firm warnings

The UK regulator FCA has put out details of three clone firms yesterday. 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 scam people in…

Read more