Category: Financial Services

warning
January 24, 2018 BY Valentina Kirilova

CFTC charges My Big Coin with fraud in ongoing virtual currency scam

Defendants allegedly solicited more than $6 million for investments in a virtual currency known as “My Big Coin” The Commodity Futures Trading Commission (CFTC) today announced the filing of a federal court enforcement action under seal on January 16, 2018, charging commodity fraud and misappropriation related to the ongoing solicitation of customers for a virtual…

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clone firm FCA warning
January 24, 2018 BY Valentina Kirilova

FCA warns against Cross Ocean Adviser clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cross Ocean Adviser. 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…

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NSD and Interfax launch Single Disclosure Window product
January 24, 2018 BY Valentina Kirilova

Russia's National Settlement Depository accredited as LOU

National Settlement Depository (NSD), Russia’s central securities depository, announced that it has successfully passed all stages of the accreditation process by the Global Legal Entity Identifier Foundation (GLEIF) and has been granted Local Operating Unit (LOU) status. NSD is the first and only company in Russia and the CIS countries that has received accredited LOU…

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Euronext buys Irish Stock Exchange (ISE)
January 24, 2018 BY Valentina Kirilova

Irish Stock Exchange receives GLEIF accreditation for LEI services

The Irish Stock Exchange (ISE) announced that it has been accredited by Global Legal Entity Identifier Foundation (GLEIF) as a provider for Legal Entity Identifier (LEI) services. The ISE operates its LEI services through ISEdirect, its online services website. Accreditation from GLEIF is a globally recognised designation of an organisation’s commitment to LEI data quality…

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January 24, 2018 BY Valentina Kirilova

Cboe Global Markets recognized in Hong Kong as approved stock exchange

Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA) has included Cboe BZX Exchange, Inc. in its List of Approved Stock Exchanges. The recognition of Cboe’s BZX Exchange should help further facilitate investment in the region in Cboe-listed securities by allowing funds to be eligible to be approved…

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January 23, 2018 BY Valentina Kirilova

HKEX sets launch date for new securities trading system

Hong Kong Exchanges and Clearing Limited (HKEX) announced that it will introduce its new securities trading system for the Hong Kong market, the Orion Trading Platform - Securities Market (OTP-C), on Monday, 5 February 2018, replacing the current AMS/3.8 system, an upgraded version of the AMS/3 system rolled out in 2000. The rollout of OTP-C…

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Shenzhen Stock Exchange publicly denounces Changsheng Bio-technology
January 23, 2018 BY Valentina Kirilova

Shenzhen Stock Exchange improves the risk management system

SZSE attaches much importance to risk management and informed that it has been actively exploring a perfect mode of risk management. By now, SZSE has formed an overall risk management system based on evaluation and prevention beforehand, control and handling of risks at their occurrence, and summary and improvement afterward at different stages of risk…

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