Category: Regulation

FCA allows retail investors greater access to long-term investment opportunities
December 12, 2018 BY Valentina Kirilova

FCA allows retail investors greater access to long-term investments

Right after publishing its Quarterly KPIs, the Financial Conduct Authority (FCA) has informed the public that it is going to allow retail investors greater access to long-term investment opportunities. Christopher Woolard, Executive Director of Strategy and Competition at the FCA, commented: We are proposing changes to allow retail investors greater access to long-term investment opportunities.…

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FCA publishes its Quarterly KPIs, no clear trends indicative of firm responses to Brexit
December 12, 2018 BY Valentina Kirilova

FCA publishes Quarterly KPIs, no clear trends indicative of firm responses to Brexit

UK financial regulator Financial Conduct Authority (FCA) has published its Authorisations Quarterly Key Performance Indicators (KPIs) as at September quarter. These indicators provide key metrics on the performance of the FCA’s Authorisations Division, including authorisations, cancellations, variations of permission, change in control, and passporting. The latter seems to be of most interest these days due…

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bscs warning
December 12, 2018 BY Valentina Kirilova

New Zealand FMA warns against Solid Global Investments Limited

The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Solid Global Investments Limited. Solid Global Investments Limited Address: 11 Matakana Valley Road Level 2Rd 5 Warkworth Website: www.newsolid.com Phone: 400-666-3202 Email: [email protected] According to the regulator, Solid Global Investment Limited could be involved in a scam. The FMA…

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fca warning
December 12, 2018 BY Valentina Kirilova

FCA warns against Blackwell Asset Management

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 Blackwell Asset Management. Blackwell Asset Management is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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warning
December 11, 2018 BY Valentina Kirilova

French AMF warns against MAG Asset investment company

The Autorité des marchés (AMF) has just warned the public against the activities of MAG Asset. According to the regulator, the company is inciting savers to invest in various mutual funds without authorisation. MAG Asset is operating via its website www.magasset.com. The official warning can be seen below: The entity MAG Asset (www.magasset.com) suggests that individual…

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clone firm FCA warning
December 11, 2018 BY Valentina Kirilova

FCA warns against Goldoneo clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Goldoneo. 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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asic afs license
December 11, 2018 BY Valentina Kirilova

ASIC cancels Bristol Street Financial Services' AFS license

Australian regulator ASIC has informed the public that it has canceled the Australian financial services (AFS) license of the company Bristol Street Financial Services Pty Ltd. According to the regulator, Bristol Street Financial did not comply with several financial services laws, which has led to the cancellation. The complete text of ASIC's announcement reads as…

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fca warning
December 10, 2018 BY Valentina Kirilova

FCA warns against Certi UK 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 Certi UK. Certi UK is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

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FCA
December 10, 2018 BY Valentina Kirilova

FCA to make CFD restrictions permanent following ESMA proposals

Pan-European financial regulator ESMA has released its proposals to govern leveraged trading back in March. For its part, UK regulator the Financial Conduct Authority (FCA) stated that it supports ESMA’s application of EU-wide temporary product intervention measures. The FCA expected to consult on whether to apply these measures on a permanent basis to firms offering CFDs and binary…

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