ASIC announced that has made a determination that iBosses Corporation Limited cannot use exemptions for reduced disclosure in fundraising documents for 12 months. ASIC made the determination after iBosses failed to lodge an audited financial report with ASIC for the year ended 31 March 2017 within the three month deadline. At the date of this…
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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 firm CTI Group Advisors. CTI Group Advisors is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The markets withstood political and natural storms in the past month, STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, announced earlier today in its Monthly Index News report. Shortly before the election in Germany, the local stock market stagnated, but gained strongly in…
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The Australian company, European Lithium Limited, which operates a lithium mine in Wolfsberg, was added to trading on the Third Market of the Vienna Stock Exchange today. The stocks are traded during the single intra-day auction. Historically, the largest buyers of lithium are from the glass-making and ceramics industry according to the company. However, the…
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The European Securities and Markets Authority (ESMA) announced that has updated its list of recognised central counterparties (CCPs) based in third countries. Today’s update concerns: Indian Clearing Corporation Limited; National Securities Clearing Corporation Limited; and MCX-SX Clearing Corporation. The European Markets Infrastructure Regulation (EMIR) requires third-country CCPs to be recognised by ESMA in order to…
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ASIC announced that it has released the finalised ASIC Client Money Reporting Rules 2017 (client money rules) which, from 4 April 2018, will impose record-keeping, reconciliation and reporting obligations on Australian financial services (AFS) licensees that hold 'derivative retail client money' within the meaning of the Corporations Act, unless the client money relates to a…
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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 firm Aston Wealth. Aston Wealth is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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Bucharest Stock Exchange (BVB) published today the third edition of the Whitebook on Communication of Listed Companies, an assessment carried out with a purpose of evaluating the quality and accuracy of information provided to investors by issuers listed on BVB‘s Main Market. The purpose of the Whitebook is to show best practices of listed companies…
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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 firm Chinatsu & Partners. Chinatsu & 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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A2X Markets, South Africa’s newest stock exchange, announced that hsd made its debut on Friday 6 October with three listings and four of the industry’s leading brokers on board. A2X competes directly with the JSE and provides an alternative platform for companies to secondary list and trade their shares. Financial services companies, African Rainbow Capital…
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