The binary options broker, which has sparked regulatory concerns in the past, joins the Warning List of the Swiss financial watchdog.
Read moreThe company is not licensed to offer investment services in Switzerland, says the Swiss financial watchdog.
Read moreThe Swiss financial watchdog is checking the company regarding its authorization (or lack of such) to offer investment services in Switzerland.
Read moreThe revised Anti-Money Laundering Ordinance by the Swiss financial regulator admits that virtual currencies are associated with heightened money laundering risks.
Read moreThe company pledges its clients can receive returns on investment of up to 1700% in just two hours, whereas there is no clarity on how investors' funds are used.
Read moreFINMA's decision means that the Swiss financial regulator is checking whether the FX broker is licensed to offer investment services in Switzerland or not.
Read moreThe Swiss Financial Market Supervisory Authority FINMA has opened a consultation on the draft revised version of the FINMA Anti-Money Laundering Ordinance. The revised ordinance reflects both the revised Anti-Money Laundering Act of 12 December 2014 and the revised Financial Action Task Force recommendations. The revised ordinance also includes insights gained from supervisory practice and…
Read moreSenior lawyer Rupert Shaefer will assume the position of Head of Strategic Services at FINMA following Nina Arquint's standing down on January 1, 2015
Read moreAs fines have been levied, now more probes and disciplinary actions for individual traders who were alleged to be part of FX manipulation scandals are getting under way, some of the latest include one trader from UBS Switzerland and well as BNY Mellon in London. Bloomberg is reporting that co-chief currency dealer Niall O’Riordan is…
Read moreSwiss authorities have concluded that UBS acted improperly with regard to FX rate manipulation, ordering disgorgement of profits gained from fixing FX rates, as well as ordering UBS to automate its FX trading, removing the possibilities of human intervention and unlawful conduct
Read more