Category: Regulation

asic afs license
January 31, 2019 BY Valentina Kirilova

Jade Capital Partners' AFS license cancelled, one director banned for 4 years

Australian regulator ASIC has just announced that it has cancelled the Australian financial services (AFS) license of Sydney-based Jade Capital Partners Pty Ltd. The regulator has also banned one of the company's directors, James Clinnick, from providing financial services for a period of four years. ASIC uncovered a non-compliance with financial services laws at Jade…

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FCA warning
January 31, 2019 BY Valentina Kirilova

FCA warns against Chesterfield Credit Union 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 company Chesterfield Credit Union. Chesterfield Credit Union is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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fca warning clone firm
January 29, 2019 BY Valentina Kirilova

FCA warns against London E-Management clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm London E-Management. 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…

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bscs warning
January 29, 2019 BY Valentina Kirilova

New Zealand FMA warns against TradeFintech firm

The Financial Markets Authority (FMA) has just issued a public warning against a scam company called TradeFintech. TradeFintech Website: www.tradefintech.com Phone: +27 212053114; +27 510117127; +62 85574670770; +381 113216895; +7 4996091299 Email: [email protected] Reason for warning: The regulator is concerned that TradeFintech may be operating a scam and accordingly advise New Zealand residents to exercise…

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clone firm FCA warning
January 29, 2019 BY Valentina Kirilova

FCA warns against ETbrokers clone firm

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

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cssf warning
January 28, 2019 BY Valentina Kirilova

Luxembourg regulator CSSF warns against Guide for direction lp limited entity in luxinter.com website

The Commission de Surveillance du Secteur Financier (CSSF) has just warned the public of the activities of an internet website with an address https://luxinter.com. An entity in this website, named Guide for direction lp limited, claims to be “one of the leading fund companies” in Luxembourg. The CSSF has informed the public that Guide for…

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FCA warning
January 25, 2019 BY Valentina Kirilova

FCA warns against Premier FX/ Premier Exchange 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 company Premier FX/ Premier Exchange. Premier FX/ Premier Exchange is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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fma warning
January 24, 2019 BY Valentina Kirilova

New Zealand FMA warns against Ainvestments

The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Ainvestments. Ainvestments Associated entities/individuals: ESOS International Limited; Kadeky International S.R.O. Website: www.ainvestments.com Phone: +44 7 5206 40616 Email: [email protected] Reason for warning: It could be involved in a scam. The FMA believes the registration and regulation information claimed on…

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Belize regulator IFSC warning
January 23, 2019 BY Valentina Kirilova

Belize regulator IFSC warns against Trading Epic firm

Belize financial regulator IFSC has just issued a Warning Notice regarding a company called Trading Epic. The entity is not licensed under the IFSC Act to provide, carry on, transact, or hold itself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the IFSC…

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FCA
January 23, 2019 BY Valentina Kirilova

FCA helps firms understand whether their cryptoasset activities fall under regulation

UK financial regulator the Financial Conduct Authority (FCA) has announced that it is today consulting on guidance, which, once finalised, will set out the cryptoasset activities it regulates. With this move, the regulator aims to help firms understand whether their cryptoasset activities fall under FCA regulation. Christopher Woolard, executive director of Strategy and Competition at…

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