Hong Kong SFC bans former account executive of China Pacific Securities Ltd for life LeapRate

March 23, 2020 BY Steffy Bogdanova

Hong Kong SFC bans former account executive of China Pacific Securities Ltd for life

The former account executive sold, without authorization, stolen shares on the open market. She used a nominee client accounts held at China Pacific in the names of her family members. Afterwards, the earnings were paid into the relatives' bank accounts over which Mo had control. Mo also conspired with a former settlement clerk of China Pacific, Hui Fong…

March 11, 2020 BY Steffy Bogdanova

Bithumb teams up with Chainalysis as Korean regulations become tighter

South Korean cryotocurency exchange Bithumb announced its partnership with crypto forensics firm Chainanylsis after new Korean crypto regulations was established. Bithumb will use Chainalysis’s “Reactor” investigations tool for examination of suspicious activity on its platform in order to comply with Korea’s recently revised Special Financial Transactions Information Act. The new crypto exchange regulation is expected…

March 04, 2020 BY Steffy Bogdanova

The Supreme Court of India lifts banking ban on crypto exchanges

The Supreme Court of India has taken down the Reserve Bank of India’s (RBI) controversial ban on banks’ dealings with crypto-related firms imposed nearly two years ago. The court’s bench of three judges decided on Wednesday in favor of the petitions of crypto exchanges and startups. The RBI made a decision in April 2018 to…

March 03, 2020 BY Steffy Bogdanova

Rogerfin, Currie Consultancy Group, EasyLoan4U and others added to FCA warning list

UK watchdog FCA has put out the details of several unregulated companies and clone firms this week. The names of the latest additions to the regulator’s warning list are the companies Rogerfin, Currie Consultancy Group, EasyLoan4U, Leonreed Limited / Leonne International, IVL Leasing Limited, Euro 2 Pocket, Euro 2 Pocket / Euro2Pocket, Cleantech Europe Escrow LP, Montague Capital Investments Ltd, Private Wealth Management…

February 28, 2020 BY Steffy Bogdanova

ASIC cancels RVM Capital’s AFS licence

ASIC has cancelled the Australian financial services (AFS) licence of RVM Capital for not submitting its annual financial statements for three years in a row. RVM Capital held AFS licence number 457140 and it was cancelled from 21 January 2020. These measures are part of ASIC’s intention to raise and improve the requirements for…

February 27, 2020 BY Steffy Bogdanova

FCA updates its warning list with more companies

UK watchdog FCA has put out the details of several unregulated companies and clone firms this week. The names of the latest additions to the regulator’s warning list are the companies Advance Trading Systems, 4Rex Prime Ltd ta Standard Bit Option, London loan Lender, Currie Consultancy Group, Online Currency Corp ltd and Vendome Asset Management. According to the regulator, the…

February 25, 2020 BY Valentina Kirilova

CySEC permanently deletes OMEGASERVE SECRETARIAL LTD from the register

The Cyprus regulator CySEC has earlier this week announced the company OMEGASERVE SECRETARIAL LTD waived its authorisation with Νumber 109/196. The company's authorisation lapsed as from January 2, 2020 and CySEC has permanently deleted OMEGASERVE SECRETARIAL LTD from the Register. OMEGASERVE remains under the supervision of CySEC until its compliance with any of its outstanding…

February 24, 2020 BY Valentina Kirilova

ASIC to grant relief for companies planning an IPO

Australian regulator ASIC announced earlier today that it is seeking feedback on proposals to grant relief for voluntary escrow arrangements and pre-prospectus communications in connection with an initial public offer (IPO). Currently companies that are considering undertaking an IPO must apply to ASIC for individual relief and pay application fees. The watchdog is about to…

February 20, 2020 BY Steffy Bogdanova

FCA adds more companies to its warning list

UK watchdog FCA has put out the details of several unregulated companies, as well as few clone firms this week. The names of the latest additions to the regulator’s warning list are the companies Invest My ISA / InvestMyISA, Little Loans Lender Ltd / Little Loans, Advisory Broker Services / Advisory Broker Trading / AB…

February 17, 2020 BY Steffy Bogdanova

FCA updates warning list with more companies

UK watchdog FCA has put out the details of several unregulated companies, as well as few clone firms this week. The names of the latest additions to the regulator’s warning list are the companies UK Claims Department, Data Financial Services Group, Country Loans, Funds-Recovery.co.uk / Fund Recovery, Cryptomarket, Info Bond Finder / Bond Finder and…

Tag: regulation