Search Results for: Fraud
U.S. Regulator is monitoring the impact of Hurricane Irma on investors and capital markets
September 14th, 2017
The Securities and Exchange Commission is closely monitoring of the impact of Hurricane Irma on investors and capital markets, and continues to monitor the impacts of Hurricane Harvey. “As we are doing in areas affected by Hurricane Harvey, the ...
Federal Reserve outlines next steps for payment system improvement
September 7th, 2017
The Federal Reserve published, Strategies for Improving the U.S. Payment System: Federal Reserve Next Steps in the Payments Improvement Journey, a paper identifying updated tactics it will pursue to help improve the speed, safety and efficiency of the U.S. ...
IFSC warns about Binary/Forex Trade and SMARTTRADE SERVICES LIMITED
August 30th, 2017
The International Financial Services Commission of Belize (IFSC), the financial regulator of Belize, has issued warnings to inform investors and public about non regulated entities. According he releases, the warning about Binary/Forex Trade informs that It has come to ...
Big four banks in Australia change loan contracts to eliminate unfair terms
August 24th, 2017
Following a commitment to further review their small business loan contracts, the big four banks have now agreed to specific changes with ASIC to eliminate unfair terms from their contracts. ASIC and the Australian Small Business and Family Enterprise ...
This European country may issue its very own digital currency
August 23rd, 2017
We’ve officially hit peak ICO. Estonia, a small country in Northern Europe, just floated the idea of potentially raising money by issuing a token called “estcoins“. So why Estonia? The country is pretty forward thinking when it comes to ...
ASIC permanently bans jailed company director from credit and financial services industries
August 22nd, 2017
The Australian Securities and Investments Commission (ASIC) has issued today a press release to inform that Mr Gavin Keith Hyland has been permanently banned from engaging in credit activities or providing financial services. Mr Hyland was banned following his recent ...
Barclays is the first UK high street bank that lets you make a payment by simply asking Siri
August 21st, 2017
Customers will now be able to make payments by saying ‘Hey Siri, Pay £15 with Barclays’ No need to open the app – rely on Siri and use TouchID to authenticate The technology will enable customers with dexterity ...
KPMG agreed to pay Millions for audit failures
August 17th, 2017
The Securities and Exchange Commission (SEC) announced that KPMG has agreed to pay more than $6.2 million to settle charges that it failed to properly audit the financial statements of an oil and gas company, resulting in investors being ...
UK’s financial regulator warns for unauthorised and clone firms
August 16th, 2017
The Financial Conduct Authority (FCA), the UK’s financial regulator regulator for 56,000 financial services firms and financial markets in the UK and the prudential regulator for over 18,000 of those firms, has issued announcements to warn investors and public ...
Singapore warns of potential risks of virtual currency-related investment schemes
August 10th, 2017
The Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) have observed the emergence of initial coin (or token) offerings (ICOs), and other investment schemes involving digital tokens, in Singapore. Members of the public are advised to ...
