Category: Financial Services

sec charges
August 09, 2018 BY Valentina Kirilova

Banks improve fraud protection systems following ASIC review

Following a review by Australian regulator ASIC, five Australian banks have informed that they will improve their compliance measures and controls for deposit accounts that can be operated by a third party, such as a financial adviser. ASIC’s industry-wide review was prompted by concerns raised through an investigation of the conduct of persons involved in…

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Why women need to talk about money
August 09, 2018 BY Valentina Kirilova

Why women need to talk about money

Women are participating in the workforce and gaining tertiary qualifications at a greater rate than ever before but many women lack confidence when it comes to money. Research by Australian regulator ASIC has found: 46% of women find money decisions overwhelming and stressful On average, women retire with half the super balance of men ($230,907…

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fca warning
August 09, 2018 BY Valentina Kirilova

FCA warns against Options Tech Limited 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 Options Tech Limited. Options Tech Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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insider trading
August 09, 2018 BY Valentina Kirilova

SEC charges U.S. Congressman with insider trading

The Securities and Exchange Commission (SEC) has announced the filing of insider trading charges against Congressman Christopher Collins, the U.S. Representative for New York’s 27th Congressional District, his son, Cameron Collins, and a third individual, Stephen Zarsky. In a parallel action, the U.S. Attorney’s Office for the Southern District of New York today announced related…

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SGX announces trading volumes
August 08, 2018 BY Valentina Kirilova

SGX welcomes Synagie Corporation Ltd. to Catalist

Singapore Exchange (SGX) has just announced that it has welcomed Synagie Corporation Ltd. to Catalist under the stock code “V2Y”. Synagie Corporation Ltd. is a homegrown technology company and leading e-commerce solutions provider in Southeast Asia in the Body, Beauty and Baby sector. It works with businesses ranging from small and medium enterprises to multi-national…

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NZX Carbon Fund (CO2)
August 08, 2018 BY Valentina Kirilova

NZX to change trading and clearing pricing structure

New Zealand Stock Exchange (NZX) has confirmed it will implement changes to its trading and clearing pricing structure on 1 October 2018. Targeted policy changes and technology improvements will be introduced alongside pricing changes. Driving secondary market development, further improving liquidity levels and enhancing price transparency were some of the most important initiatives outlined in…

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