The ACCC said in the report: It is not surprising that in 2020, 25% of all scam reports involved the loss of personal information, up from 16% in 2019. Loss of personal information was even higher among Indigenous consumers, where 36% of all scam reports involved the loss of personal information. The increasing value of…
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Additionally, options and futures which feature on both the MSCI China Hong Kong Listed Large Cap Index and the MSCI Hong Kong Listed Large Cap Index also provide investors with the opportunity to gain vital exposure to some of the largest firms listed in Hong Kong. The MSCI Hong Kong Listed Large Cap Index works…
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The firm was also found to have employed high-pressure tactics when it came to making sales, recommended trading sales which were found to be inappropriate for its clients, made deceptive representations to clients, failed to comply with several financial services laws, and finally implemented remuneration schemes and a trading floor culture based on maximum trade…
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Loh Boon Chye, Chief Executive Officer of SGX, commented: As we enter a new growth stage, we are pleased to welcome Pol to SGX. He adds perspective and experience honed from a vast network of relationships with regional issuers, global investors and major exchanges. With Pol’s leadership, we look forward to broadening and deepening the…
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The Australian watchdog found that Martin was involved Union Standard’s failures to ensure that the financial services covered by its licence were provided efficiently, honestly and fairly. It was also found that Martin affected Union Standard’s failure to ensure TradeFred and EuropeFX complied with financial services laws. ASIC discovered that Martin did not implement or…
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CM Grover, Managing Director and CEO at IBSFINtech commented: We are thrilled to enter into this strategic partnership with Refinitiv to support the corporate treasury industry in India as it continues to evolve. With our SaaS TMS, InTReaX™ powered by Refinitiv data and analytics, we envision strengthening every corporate treasury helping to transform the strategic…
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Kuroda went on to differentiate Bitcoin from stable coins which are known to have their value backed up by assets. Stable coins are also obliged to meet regulatory governance codes and legal standards, meaning that the Governor is under the impression that they could well become a suitable trading alternative in the near future. Volatility…
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These statements from Lee may not come as a surprise from those who know the governor’s policies, the chief who takes the title of being the second-longest-serving in his position having previously taken a similar stance on cryptocurrency in recent years. Lee has suggested that the central bank needs to engage in “close cooperation to…
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Mung also failed to ensure transactions undertaken on behalf of the client were given priority over orders for his own account in the period between May 2017 and March 2018. In SFC’s decision to impose a fine on Ewarton, the regulator took into consideration the duration of the company’s misconduct. The Commission also took into…
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GOLD The dollar’s recovery attempt hasn’t curbed the strength of gold seen in the last few days. The price is challenging the resistance zone at $1,900, while the main trend still appears positive for bullion as investors' interest for gold has returned. From a technical point of view, gold looks on track to continue its…
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