Moscow Exchange (MOEX) announced that it has signed a Memorandum of Understanding (MOU) with Shanghai Gold Exchange (SGE). The agreement aims to promote cooperation between China and Russia in the sphere of gold exchange trading. The signing ceremony with Igor Marich, Managing Director of Money and Derivatives Markets, member of MOEX Executive Board, and Song…
Read moreAustralia’s government is shocked by bank wrongdoing, as AMP Ltd. (ASX:AMP) has deliberately misled regulators over charging customers for services they didn’t receive. Meanwhile Commonwealth Bank of Australia (ASX:CBA) has collected fees from dead people, in one case for more than a decade, Bloomberg has informed earlier. AMP Chief Executive Officer Craig Meller announced that…
Read moreSingapore Exchange (SGX) announced that it has welcomed Asian Healthcare Specialists Limited to its Catalist under the stock code “1J3”. Asian Healthcare Specialists Limited is a healthcare service provider, specialising in a wide spectrum of general and sub-specialised orthopaedic, trauma and sports services such as knee and hip replacements, sports medicine and surgery, spine surgery,…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Sovereign Wealth Preservation. 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 moreSwedish crowdfunding platform FundedByMe has just announced that it will attract foreign investors for Polish startups. The platform had successfully collected more than €50 million for some 470 companies from 25 different countries. The launch of the Polish office was announced on 17 April at Google Campus in Warsaw marking the fifth time that FundedByMe…
Read moreSTOXX Ltd., the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, announced today the launch of the new iSTOXX RiskFirst LDI index family. This new offering has been jointly developed with RiskFirst, the UK’s leading provider of risk analytics and reporting solutions to the defined benefit…
Read moreThe Commission de Surveillance du Secteur Financier (CSSF) has just issued a warning of the activities of an entity named Luxembourg Offshore Banking. The company is operating via website: http://www.luxosb.com, and claims to be established in Luxembourg. The CSSF has informed the public that the entity named Luxembourg Offshore Banking has not been granted any…
Read moreThe Ontario Securities Commission (OSC) has announced today Mr. Sydney Lederman of Toronto, Ontario, was sentenced to 90 days in jail and three years of probation by Justice M. Wong at the College Park-Ontario Court of Justice on April 13, 2018. Following an investigation by the OSC’s Joint Serious Offences Team (JSOT) and prior to…
Read moreBelize financial regulator IFSC has issued a Warning Notice regarding a company called BTC Home Mining. The entity is not licensed under the IFSC Act to provide, carry on, transact, or hold himself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the IFSC…
Read moreThe U.S. Securities and Exchange Commission (SEC) today voted to propose a package of rulemakings and interpretations designed to enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of advice relationships and investment products. Under proposed Regulation Best Interest, a broker-dealer would be…
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