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 Mayford Capital Partners. Mayford Capital Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Singapore Exchange (SGX) announced that it has just welcomed Hong Kong-based Rui Da International Finance Holding Limited (Rui Da International) as a Trading Member of its derivatives market. Michael Syn, Head of Derivatives at SGX, said: We are pleased to have Rui Da International join our derivatives market, helping to grow our distribution in Greater…
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The securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan (participating jurisdictions) today announced a co-operation agreement with the French Autorité des marchés financiers (French AMF, based in Paris, France). This agreement will allow the participating jurisdictions and the French AMF to refer novel businesses seeking to enter…
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Selection index comprises the 30 most liquid equities from the Scale segment Deutsche Börse announced that it is expanding its index offering by launching the Scale 30 Index on Wednesday. The selection index tracks the performance of the 30 most liquid companies listed in the SME segment Scale. Eligibility for index inclusion depends on order…
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The Financial Conduct Authority (FCA) and the Information Commissioners Office (ICO) have today published an update on the EU General Data Protection Regulation (GDPR). The EU General Data Protection Regulation (GDPR) will apply in the UK from 25 May 2018. It is an essential step forward in enhancing the privacy and security of personal data.…
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The Hong Kong Securities and Futures Commission (SFC) announced that it has resolved its concerns with Credit Suisse (Hong Kong) Limited (CSHK), Credit Suisse Securities (Hong Kong) Limited (CSSHK) and Credit Suisse AG (CSAG) (collectively, Credit Suisse) over internal control failures. Under the resolution, the SFC reprimanded and fined Credit Suisse a total of $39.3…
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The Ontario Securities Commission (OSC) announced new members of its Fintech Advisory Committee (FAC), which advises OSC staff on developments and trends in the fintech space, as well as the unique challenges encountered by innovative businesses in the securities industry. This year’s FAC includes key players from a broad spectrum of the fintech community, ranging…
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The Autorité des Marchés Financiers (AMF) reviewed the key information documents for just over 8,000 funds and on that basis, offers an overview of funds distributed in France, explanatory factors for variations observed in the fees, an analysis of funds that charge the highest fees and an assessment of performance fees. It found that 148…
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Hong Kong Exchanges and Clearing Limited (HKEX) informed that it is proceeding with its plan to include its most actively traded equity index options - Hang Seng Index (HSI) Options, Hang Seng China Enterprises Index Options (HSCEI) Options, Mini-HSI Options and Mini- HSCEI Options (equity index options) - in the T+1 Session (after hours trading)…
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The Court of First Instance (CFI) announced that it has granted orders sought by the Hong Kong Securities and Futures Commission (SFC) in its proceedings against Qunxing Paper Holdings Company Limited (Qunxing), its former chairman and vice-chairman – Mr Zhu Yu Guo and his son, Mr Zhu Mo Qun – as well as its subsidiary…
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