Search Results for: Vest Financial
Cyprus Investment Firm’s license will continue to be suspended
September 30th, 2016
Following previous announcement dated 9 August 2016, the Cyprus Securities and Exchange Commission (CySec), following a decision at the meeting dated 5 September 2016, announces that the authorisation of the Cyprus Investment Firm Best Choice FBC Ltd (‘the Company’), with number 234/14, ...
OneCoin official response to the recent statement of the Financial Conduct Authority
September 29th, 2016
OneCoin is disappointed that the FCA has issued a statement without having first contacted the company. OneCoin has not been contacted by the City of London Police. No allegations of any wrongdoing have been put to OneCoin and the ...
ASIC bans Brisbane financial advisor
September 23rd, 2016
ASIC has permanently banned Mr Sandeep Madhoji from providing financial services or engaging in credit activity after he was sentenced to imprisonment for fraud charges. This prosecution was the result of a joint operation between the Queensland Police Service ...
SFC Hong Kong investigates licensed brokerages for inadequate AML internal controls
September 22nd, 2016
The Securities and Future Commission (SFC) of Hong Kong has issued an announcement to inform that its Enforcement Division is investigating a number of cases of SFC licensed brokerages with suspected inadequate anti-money laundering (AML) internal controls and it ...
Property versus shares: which is the better investment?
September 19th, 2016
When it comes to building wealth for the future, which asset class is safer and more sustainable? Will shares or property better help you reach your investment goals? Investing in property A lot of investors prefer property as it is ...
FINRA fines financial services company $850,000
September 19th, 2016
The Financial Industry Regulatory Authority (FINRA) announced that it has fined Ameriprise Financial Services, Inc. $850,000 for failing to detect the conversion of more than $370,000 from five customer brokerage accounts by one of its registered representatives. Ameriprise failed ...
Investment broker Exante gaining from trends in the online market
September 15th, 2016
Online brokers are chipping away at the market-share of traditional full-service brokers as traders migrate to their lower-cost models. Since the 2008 crisis, on-line brokers have been gaining ground on the big full-service firms and are expected to attract ...
FCA warns for a firm providing financial services in UK without authorisation
September 14th, 2016
The Financial Conduct Authority (FCA) has issued a warning to inform that the Authority believes that the below firm has been providing financial services or products in the UK without FCA’s authorisation. Almost all firms and individuals offering, promoting ...
CySec approved a new Cyprus Investment Firm license
September 13th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Royal Financial Trading (Cy) Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now ...
TechFinancials reports Revenue increased by 34% to US$9.86m
September 12th, 2016
TechFinancials (AIM: TECH), a leading technology provider to financial trading brokers, today announces its unaudited interim results for the six month period ended 30 June 2016 (“H1 2016”). Financial Highlights Revenue increased by 34% to US$9.86m (H1 2015: US$7.34m) ...
