Search Results for: warnings
European stocks jump as ECB launches new stimulus plan
September 12th, 2019
European stocks rallied after the European Central Bank (ECB) announced a massive new bond-buying program Thursday in a bid to stimulate the ailing euro zone economy. The central bank’s quantitative easing program will entail 20 billion euros per month ...
Brexit latest: EU nationals to be granted right to stay in UK for three years in case of no-deal Brexit
September 6th, 2019
Britain’s government has abandoned plans to end freedom of movement for European Union citizens immediately after a possible no-deal Brexit and will instead return to an earlier policy of giving them three years’ temporary leave to remain. The fate ...
UK financial regulator proposes ban on sale of crypto-derivatives to retail consumers
July 4th, 2019
The Financial Conduct Authority (FCA) is proposing rules to address harm to retail consumers from the sale of derivatives and exchange traded notes (ETNs) referencing certain types of cryptoassets. The FCA considers these products are ill-suited to retail consumers ...
Beware of unauthorised companies offering investment and financial services
June 19th, 2019
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Hong Kong (Securities and Futures Commission – SFC), Spain (Comisión Nacional del Mercado de Valores – CNMV), Austria (Financial Market Autority – FMA), Malta (Malta Financial Services ...
Currencies threatened by a credit crisis
February 15th, 2019
In this article I draw attention to the similarities between the current economic situation and that of 1929, and the threat to today’s unbacked currencies. There is the coincidence of trade protectionism with the top of the credit cycle, ...
FCA warns public of investment scams as over £197 million reported losses in 2018
February 7th, 2019
The Financial Conduct Authority (FCA) is warning investors to be vigilant to the threat posed by investment scammers, as data from Action Fraud reveals over £197 million1 of reported losses in 2018. Victims were scammed out of over £29,000 ...
BaFin Germany plans renewed national restriction on CFDs for retail investors
January 7th, 2019
After preparing for the expiry of the product intervention measure imposed by the European Securities and Markets Authority (ESMA) with regard to binary options, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) is now doing the same ...
The Arrival Of The Credit Crisis
January 2nd, 2019
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anyway. The timing had recently become apparent as well, and in early August I ...
Top Cryptocurrency stories in 2018
December 27th, 2018
Following an intense 2017 with cryptocurrency market spikes, year 2018 is the year with great majority of digital assets plunged well over 80 percent in value since their all-time highs. Year 2018 is also filled with many headlines about the ...
Alert! Cryptocurrency fraudsters are using cryptocurrencies to swindle consumers
December 19th, 2018
The Financial Services and Markets Authority (FSMA), an autonomous public institution that supervises the Belgian financial sector, has issued a warning to inform consumers for cryptocurrency fraud. In accordance the warning, despite its earlier warnings, the FSMA continues to ...
