Search Results for: FSA
CRYEX announces new institutional FX and digital currency marketplace and clearing house
May 8th, 2015
10 M USD funding led by White Star Capital and Northzone CRYEX today announced the filing of an application with the Swedish Finansinspektionen (SFSA) to become a regulated clearing organization and create a member-only marketplace with clearing and settlement ...
Suspension of the Management Licence of Belvedere Management Limited
April 30th, 2015
Notice is hereby given that in accordance with Section 27(7) of the Financial Services Act 2007 (the “FSA”), the Management Licence of Belvedere Management Limited (‘BML’), having its registered address at 7A, 7th Floor, Ebene Mews, 57 Ebene Cybercity, ...
Surrender of Licence by Swissquote Financial Services (Malta) Limited
February 10th, 2015
Malta Financial Services Authority issued a notice informing the general public that: Swissquote Financial Services (Malta) Limited (“the Company”) recently requested the Malta Financial Services Authority (“MFSA”) to accept the surrender of its Category 3 Investment Services Licence. The ...
Malta Financial Services Authority released on Swiss Franc
January 22nd, 2015
MFSA, Malta’s financial Services regulatory authority issued a press release asking for information. On Thursday 15th December 2015, the Swiss National Bank (SNB) announced that it will no longer be enforcing and maintaining the minimum exchange rate for the Swiss ...
Alpari Japan K.K. is under Administartion
January 20th, 2015
Japan’s financial Services Agency released today that Alpari Japan is also under Administration following parent company Alpari (UK) Ltd. Japan’s financial Services Agency statement points that, based on both: the current situation of Alpari (UK) Limited, a parent company of ...
Bank of England disarray in the face of financial crisis
January 7th, 2015
The full extent of the Bank of England’s emergency action to prevent the collapse of the banking system is revealed on Wednesday as it releases previously secret documents detailing its frantic day to day efforts to prop up high ...
Warning against Ftradition LTD
December 9th, 2014
The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Ftradition LTD. This company is a suspected boiler room. Ftradition LTD has approached persons without being asked, to offer them investment proposals. A ...
Currency trader whizz kid ‘masterminded £5.5m Ponzi fraud’
December 4th, 2014
A foreign currency trader used investors’ cash as his “personal piggy-bank” and blew £1 million in casinos and £500,000 in nightclubs, a court heard. Financial whizz kid Alex Hope, 25, masterminded a £5.5m Ponzi fraud to fund his hedonistic lifestyle ...
FCA fines five banks £1.1 billion for FX failings
November 12th, 2014
The Financial Conduct Authority (FCA) has imposed fines totalling £1,114,918,000 ($1.7 billion) on five banks for failing to control business practices in their G10 spot foreign exchange (FX) trading operations: Citibank N.A. £225,575,000 ($358 million), HSBC Bank Plc £216,363,000 ...
IFSB issues paper on Islamic Finance Regulation
November 11th, 2014
The Working Paper is issued in parallel to the Exposure Draft (ED-17) of the Standard on Core Principles for Islamic Finance Regulation (Banking Segment), and provides the background and wider context for the Standard that is under preparation by ...
