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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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Brokers
Blackwell Global Upgrades FCA Licence to Become Full-Scope IFPRU €730k Firm
2018-08-09T10:23:15.000+02:00
The firm is the fourth broker in less than four weeks to announce an upgrade to the licence in the UK.
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Regulation
FCA Exposes Further Unregulated Crypto Derivatives Dealers
2018-08-07T20:10:58.000+02:00
The FCA doesn’t regulate cryptocurrencies themselves, but derivatives on the back of them fall under its oversight.
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Regulation
FCA Flags Four Unauthorized Firms and One Clone Firm
2018-08-06T15:54:09.000+02:00
Among the blacklisted companies is Chimera Investment Corporation, which is impersonating Chimera Partners Ltd.
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News
Coinbase has Busy Weekend Fixing Canada/Venezuela Bug, Adding Features
2018-08-05T10:45:54.000+02:00
Customers in Canada and Venezuela couldn't withdraw money, were inconvenienced and worried respectively.
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Retail FX
British Insolvency Service Shuts Down Owner of Unregulated Broker Trade12
2018-08-02T14:10:44.000+02:00
The regulator found that Global Fin Services had used high pressures sales tactics to defraud customers
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Regulation
FCA Hints at Widening Leverage Restrictions to Include CFD-Like Products
2018-08-01T14:28:16.000+02:00
The regulator warns that firms may try to skirt around the regulations by offering similar investment products.
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Brokers
Divisa Capital Acquires Full Broker License ‘IFPRU €730k Firm’ by FCA
2018-07-31T19:10:50.000+02:00
The upgraded authorization allows the company to trade with its clients as principal without the matched limitation.
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Executive Moves
Exclusive: GKFX CEO Rod Martenstyn Leaves to Start Consulting Firm
2018-07-29T10:24:45.000+02:00
"My decision to leave was due to seeing poor compliance decisions being made amongst GKFX’s peers"
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Finance Magnates Staff
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Regulation
New Zealand’s FMA Flags Unauthorised Broker White Square Trading
2018-07-27T11:45:21.000+02:00
The warning follows a report that the broker has been conducting unauthorised trades and withholding client funds.
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Brokers
FCA Warns Investors Against Trading with BCG Wealth Group
2018-07-24T16:43:23.000+02:00
The British regulator noted that the wealth management firm has been offering unregulated services to UK residents
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Brokers
Exclusive: Valutrades Upgrades License, Becomes Full-Scope IFPRU €730k Firm
2018-07-18T16:20:08.000+02:00
According to the firm's CEO, brokers won't be able to continue serving retail clients without the license
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Regulation
UK High Court Shuts Down Bogus Binary Options Trader Eclipse
2018-07-17T15:26:31.000+02:00
The broker was closed following complaints from investors on its use of aggressive marketing techniques and theft.
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Regulation
FCA Proposes New Measures for Investment Platform Market
2018-07-16T09:24:30.000+02:00
The measures from the regulator aim to address concerns for five particular groups of consumers.
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Executive Moves
House of Borse Appoints Ulas Akincilar as Head of Trading and Risk Management
2018-07-11T18:13:08.000+02:00
He joins the group after nearly 8 years in the FX and trading technology space.
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Aziz Abdel-Qader
Regulation
FCA Warns Investors Against Trade WFX
2018-07-10T18:12:06.000+02:00
The FCA has advised anyone who has been contacted by Trade WFX to contact its consumer helpline.
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Execution
IHS Markit Gets FCA Approval as Authorised Benchmark
2018-07-09T10:56:07.000+02:00
The authorisation allows the company to provide a compliance alternative to clients and avoid inherent conflicts of interest.
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News
Two New Crypto Exchanges, Kraken Grapples with Bloomberg: Best of the Week
2018-07-08T16:08:47.000+02:00
Catch up on last week's top stories.
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Regulation
FCA Issues Warning Against Unregulated XtraderFX
2018-07-06T18:06:05.000+02:00
The broker has been offering cryptocurrency trading services without the British regulator's approval
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Regulation
FCA Flags British Tait Investment Group
2018-07-05T16:37:49.000+02:00
Despite the company claiming to be authorised and registered in the UK, the regulator has warned this is not true.
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News
BlockEx Wins Place in FCA Sandbox
2018-07-04T16:15:37.000+02:00
The company will be testing the issue of bonds through a blockchain.
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Innovation
FCA Approves Blockchain, Crypto Firms for 4th Cohort of Regulatory Sandbox
2018-07-03T20:01:49.000+02:00
The regulator is assessing different options to scale up the model at global level.
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News
Blockchain Firm Globacap to Sell Digital Equity Securities from FCA Sandbox
2018-07-03T16:34:28.000+02:00
The company opens its doors in five days time with a fundraising drive for itself.
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Regulation
Ready for Anything: FCA Announces Details of its Brexit Preparations
2018-06-28T12:58:59.000+02:00
The British regulator will be responsible for amending and maintaining the EU's binding technical standards
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Regulation
Thousands of Investors Falling Victim to Financial.org Scam
2018-06-21T23:03:16.000+02:00
Financial.org has already signed up with the UK’s official company register as a real estate business in 2015.
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Brokers
FCA Turns Eye to Cryptocurrency Brokers, Warns Against Cryptorobot365
2018-06-20T17:49:06.000+02:00
The FCA reminds traders to beforehand check its official Register before making any investments.
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