ASIC Cancels AFS License of Jels Financial Group, Selectinvest Both the companies failed to submit audited financial reports for several years.
BaFin Says Cypriot Brokers Responsible for 50% of Detected Infringements The German authority found violations of the product intervention measures in 49% of all CFD providers.
Labuan FSA Reports 50% Jump in Licensing Approvals The total number of licensed companies operating in Labuan IBFC crosses 800.
Malaysian Regulator Issues Warning against Rising Clone Firm Scams The fraudulent companies are impersonating legitimate public listed companies (PLCs) to dupe investors.
MAS Takes Strict Actions against Financial Misconduct and Money Laundering The regulator imposed heavy civil and money-laundering related penalties from January 2019 to June 2020.
Alfa Capital and UGL Exchange Disbarred from CySEC Compensation Fund Alfa Capital voluntary renounced CIF, but UGL Exchange lost authorisation after CySEC said it did not fulfil its license ...
AFS License Not Required by Foreign Brokers to Deal with Professional Clients Dealing with sophisticated clients is permitted without an AFS license.
SEC Votes to Modernize Regulatory Framework for Derivatives Use New rule and amendments will provide a comprehensive approach for derivatives use by registered funds
ASIC Surprises FX Industry with Release of Product Intervention What ASIC did not do. We look at the Product Intervention proposals that were left on the shelf for ...
Education Portal Tradenet Pays $130,000 to Settle SEC Charges Tradenet offered access to a plethora of trading programs, self-study courses, on-site coaching, and interactive chatrooms.
Plus500, IG and CMC Markets Reveal Their Take on New ASIC Rules They all said well prepared and expect the review to have limited financial implications for their business.
ASIC Officially Adopts Curbs on Selling CFDs to Retail Investors Regulated firms are forced to limit the leverage they offer to a maximum of 30:1, down to as little ...
Regulatory Update – a Focus on EMIR and MiFIR Trade Reporting Continues An outline of the major regulatory updates in Europe about EMIR and MiFIR transaction reporting.
Best Execution and RTS27 and 28 Abandonment in ESMA’s Pipeline ESMA's stance on best execution explained.
In a No-Deal Brexit, Where Do You Report Your Trades/Transactions to? As the prospect of a no-deal Brexit looms, how will it affect your financial trades and transactions?
CySEC Settles with Depaho for €270,000 over Possible Compliance Lapses This is the second time the broker has settled with the Cypriot regulator.
CySEC Introduces Form for CIFs to Provide 2019 Cross-Border Activity The motivations behind the new form are unclear.
Hong Kong’s SFC Warns of ‘Pump-and-Dump’ Scams on Social Media 20% of the market manipulation schemes the SFC is currently investigating are “ramp and dump scams”
ESMA Proposes Changes to Reporting Regimes under MiFIR Market participants have until the 20th of November to respond to the consultation paper.
FCA Remains Vigilant; Flags Dozens of Clones, Shady Firms The regulator is actively blacklisting companies.to protect investors.