Warning against unauthorized persons claiming to be a Danish investment firm
July 10th, 2015
Warning against unauthorized persons claiming to be the Danish investment firm Carnegie Asset Management Fondsmæglerselskab A/S The Danish Financial Supervisory Authority has been informed that unauthorized persons are claiming to be the Danish investment firm Carnegie Asset Management Fondsmæglerselskab ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Top stories of the day June 25
June 25th, 2015
1. European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early hours without ending the standoff that has brought the country on the cusp of a default. With the Greek ...
Lloyds Banking Group fined £117m for failing to handle PPI complaints fairly
June 5th, 2015
The Financial Conduct Authority (FCA) has issued its largest ever retail fine (£117m) to Lloyds Bank Plc, Bank of Scotland Plc and Black Horse Ltd (together Lloyds) for failing to treat their customers fairly when handling Payment Protection Insurance ...
FSC: Suspension of the Management Licence of Belvedere Fiduciary Limited
June 3rd, 2015
FSC Mauritius – Notice is hereby given in accordance with Section 27(7) of the Financial Services Act 2007 (the “FSA”) that the Management Licence of Belvedere Fiduciary Limited (“BFL”), having its registered address at 7A, 7th Floor, Ebene Mews, ...
The FCA has today published Decision Notices in respect of three former members of Keydata’s senior management
May 27th, 2015
The FCA has today published Decision Notices in respect of three former members of Keydata’s senior management: Stewart Ford (former chief executive), Mark Owen (former sales director) and Peter Johnson (former compliance officer). All three individuals have referred their ...
FCA fines Barclays £284,432,000 for forex failings
May 20th, 2015
The Financial Conduct Authority (FCA) has imposed a financial penalty of £284,432,000 on Barclays Bank Plc (Barclays) for failing to control business practices in its foreign exchange (FX) business in London. This is the largest financial penalty ever imposed ...
CNMV (Spain): Warning against USFIA Inc. (having a web presence on www.usfiamlm.com)
May 20th, 2015
Pursuant to the second paragraph of Article 13 of the Law 24/1988, July 28th the Securities Markets Act, the Comisión Nacional del Mercado de Valores, warns that: USFIA Inc. www.usfiamlm.com Is not authorised to provide the investment services detailed in ...
DFM enrols “First Gulf Financial Services” to Margin Trading members
May 12th, 2015
Dubai Financial Market (DFM) announced that “First Gulf Financial Services” has been accredited to provide Margin Trading service, lifting the total number of DFM brokerage firms providing this service to 27 companies. Margin Trading permits brokerage companies to fund a ...
FSC: Suspension of the Investment Dealer (Full Service Dealer Excluding Underwriting) Licence of BRAMER CAPITAL BROKERS LTD & Order to Cease Trading in Securities
May 11th, 2015
Notice is hereby given in accordance with Section 27 of the Financial Services Act 2007 (the ‘FSA’) that the Investment Dealer (Full Service Dealer Excluding Underwriting) Licence of BRAMER CAPITAL BROKERS LTD (‘BCBL’), having its registered address at 11th ...
