Category: Financial Services

fma warning
August 01, 2018 BY Valentina Kirilova

French AMF warns against Patrimoine Gestion Management and PGM Patrimoine

Following a number of reports from savers regarding the websites www.patrimoinegestion-management.com and www.pgm-patrimoine.com and the entities Patrimoine Gestion Management and PGM Patrimoine, the Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) have issued a public warning. These websites and entities are not authorized either by the AMF or…

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tfx japan forex click365
August 01, 2018 BY Valentina Kirilova

TFX-Click 365 volumes up 6% MoM in July

Tokyo Financial Exchange (TFX) has just released its trading volumes report for the month of July. The trading volume of Three-month Euroyen futures was 110,841 ( + 38.0% MoM / - 25.6% YoY ) and its average daily volume was 5,278. 項目 July   2018 Trading Volume Daily Average Change on Previous Month Year on…

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July 31, 2018 BY Valentina Kirilova

FINRA requests comment on fintech innovation in the broker-dealer industry

FINRA has issued a Special Notice seeking comment on how it can support financial technology (fintech) innovation consistent with its mission of investor protection and market integrity. The announcement builds on an initiative FINRA launched last year to improve communication with the securities industry around fintech. In addition, FINRA requests comment on certain fintech areas,…

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Financial pundits warning that 2020 will be “The Year of the Next Big One”
July 31, 2018 BY Valentina Kirilova

ASIC approves the Banking Code of Practice

Australian regulator ASIC has informed that it has approved the Australian Banking Association’s (ABA’s) new Banking Code of Practice (the Code). ASIC’s approval of the Code follows extensive engagement with the ABA, following a comprehensive independent review and extensive stakeholder consultation. The ABA made additional significant changes to the Code in order to satisfy ASIC…

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Euronext
July 30, 2018 BY Valentina Kirilova

AudioValley just listed on Euronext Growth market

AudioValley, a pioneer in BtoB digital audio, has just been listed on the Euronext Growth market in Paris. Founded in 2003, AudioValley is a Belgian company with three business divisions, all in digital audio: Radionomy, a digital radio audience aggregation and monetisation solution; Storever, a one-stop shop in audio and video point-of-sale broadcasting solutions; and…

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ESMA bond liquidity data
July 30, 2018 BY Valentina Kirilova

ESMA finds shortcomings in national supervision of efficient portfolio management by UCITS

The European Securities and Markets Authority (ESMA) has informed that it has found that national regulators need to improve their supervision of Undertakings for Collective Investments in Transferable Securities (UCITS) engaging in efficient portfolio management techniques (EPM). A recent peer review by ESMA, which assessed the level of compliance of six national competent authorities (NCAs)…

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SGX announces trading volumes
July 30, 2018 BY Valentina Kirilova

SGX welcomes Silkroad Nickel Ltd to Catalist

Singapore Exchange (SGX) has just announced that it has today welcomed Silkroad Nickel Ltd to its Catalist under the stock code “STP”. Silkroad Nickel Ltd is primarily in the business of exploration, mining, production and sale of nickel ore. Based in Indonesia, the group has the mining business licence to carry out nickel ore mining…

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Hong Kong SFC
July 30, 2018 BY Valentina Kirilova

SFC implements open-ended fund companies regime

The Hong Kong Securities and Futures Commission (SFC) has announced the implementation of the new open-ended fund companies (OFC) regime with effect from 30 July 2018. This will enable investment funds to be established in corporate form in Hong Kong, in addition to the current unit trust form. The Code on Open-ended Fund Companies and…

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