Search Results for: Financial Conduct Authority
FCA cancels payday lender’s interim permission, bans director and refuses application to conduct regulated business
October 13th, 2016
The Financial Conduct Authority (FCA) has banned Andrew Barry Hart, the sole director, controller and ultimate owner of Wage Payment and Payday Loans Limited (WPPL), from performing any role in regulated financial services. The FCA has also cancelled WPPL’s ...
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 ...
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 ...
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 ...
HKMA embraces FinTech as it burnishes Hong Kong’s brand to compete as Asia’s financial hub
September 6th, 2016
The Hong Kong Monetary Authority has unveiled a series of policy initiatives for banks to embrace technology, and changed the city’s tax regime to attract corporate treasury departments, as it sharpens its edge to compete with Singapore and Tokyo ...
The FCA UK fines and prohibits financial adviser
September 1st, 2016
The FCA fines and prohibits financial adviser for failing to act with integrity and for failing to be open and honest with the regulator The Financial Conduct Authority (FCA) has today banned Elizabeth Anne Parry from performing any function ...
Nukkleus which obtained a shareholder stake in IBIH Limited the parent company of IronFX Global Group files Q2 financial report
August 22nd, 2016
Nukkleus Inc. has filled its Quarterly Report with the U.S. Securities and Exchange Commission (SEC) in the Form of FORM 10-Q/A, providing, among other, insights of the acquisition of a 9.9% shareholder stake in IBIH, as well as the acquisition ...
AMF bans Rodeler Limited (24option) from providing financial services in France
August 3rd, 2016
The Autorité des Marchés Financiers (AMF) has issued an announcement to inform that: The service provider Rodeler Limited (regulated by the Cypriot financial regulatory agency) offers access to binary options, particularly Forex, through the website “http://www.24option.com/fr” and does not ...
Regulators from around the world issued warnings for unauthorised financial services companies
July 21st, 2016
The Financial Conduct Authority (FCA) of UK, the Central Bank of Ireland, the Sweden’s regulator Finansinspektionen, the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg, the Swiss Financial Market Supervisory Authority (FINMA), the Spanish Comisión Nacional del Mercado ...
FCA warns for unauthorised firm providing financial services or products in UK
June 15th, 2016
The Financial Conduct Authority (FCA) has issued warnings to inform investors and public regarding a firm that FCA believes that has been providing financial services or products in the UK without the FCA’s authorisation. According to FCA, some firms act without ...
