Search Results for: warnings
HBOS and KPMG tensions exposed by report
November 24th, 2015
TENSIONS between HBOS’s senior management and the bank’s auditor KPMG have been exposed in the long-awaited bumper report into the financial institution’s epic failure. The 500-page tome, which took over three years and £7m to compile, reveals that the ...
The Financial Regulators of UK and Denmark warn investors for unauthorised financial services firms
November 24th, 2015
The Financial Conduct Authority (FCA), the financial regulatory authority of UK and the Danish Financial Supervisory Authority (Finanstilsynet) have issued warnings to inform investors and public for unauthorised and clone firms providing financial services. According to FCA, Fraudsters are ...
European Financial Regulators warn for unauthorised investment firms
November 17th, 2015
The Swedish Financial Supervisory Authority, Finansinspektionen (FI) and the Financial Conduct Authority of UK (FCA) have issued warnings to inform investors and public for unauthorised and clone investment firms. According to Finansinspektionen (FI): Warning issued regarding Aztec Group (clone ...
Rolls-Royce calls in top law firm to deal with fraud investigation
November 17th, 2015
The engine maker’s decision to bring in Slaughter and May underlines seriousness of allegations Rolls-Royce has called in a leading law firm to help it deal with bribery allegations and a Serious Fraud Office (SFO) investigation. Slaughter and May has ...
MFSA Warning: COSMIC FINANCIAL SERVICES (MALTA) LIMITED
November 4th, 2015
In terms of article 4(1)(c) of the Malta Financial Services Authority Act, one of the MFSA’s functions is to keep the general public informed of important developments in the sector that it regulates, and to provide the public with ...
Fidelity Brokerage Services accused of allowing unregistered advisers to make trades through its broker-dealer platform
October 27th, 2015
Fidelity charged by Massachusetts with dishonest and unethical behavior Fidelity Brokerage Services was charged in an administrative complaint Monday with dishonest and unethical behavior by the commonwealth of Massachusetts for allowing unregistered investment advisers to make trades through the ...
CONSOB warns for unauthorised investment firms
October 19th, 2015
The Commissione Nazionale per le Società e la Borsa (Consob), the regulatory authority of Italy, has issued an announcement to inform public and investors for firms not authorised to provide investment services and business in Italy. CONSOB warns for ...
FMA warns about MercerFXcom
October 14th, 2015
The Financial Markets Authority (FMA) of New Zealand has issued an announcement to warn public for MercerFXcom. Specific, FMA states informs that: Name of company: MercerFXcom Website: www.mercerfx.com Reason for warning: The FMA is concerned that the website refers ...
FCA UK issued a warning for a Forex Trading Firm
October 14th, 2015
FCA has issued a press release to inform that the below firm has been providing financial services or products in the UK without its authorisation. Almost all firms and individuals offering, promoting or selling financial services or products in the ...
Regulatory authorities of Italy and Belgium warn the public for unauthorised investment firms
October 13th, 2015
The Commissione Nazionale per le Società e la Borsa (Consob), the regulatory authority of Italy and the Financial Services and Markets Authority (FSMA), the regulatory authority of Belgium, have issued “Warning” announcements to inform investors and public for companies ...
