Search Results for: warning
The Financial Regulator of Malta warns for a Forex broker provider
October 31st, 2016
The Malta Financial Services Authority (MFSA) has issued a warning to inform investors and public that the Authority has become aware of an entity operating under the name of MXTrade. MXTrade is a brand owned and operated by or associated ...
ASIC permanently bans former financial adviser
October 31st, 2016
ASIC has permanently banned former NSW financial adviser Mr Ashley Grant Howard from providing financial services after an investigation found he had: engaged in dishonest conduct; held out that trading he was conducting was authorised; provided financial services when ...
Israeli regulator seeks binary options global sales ban
October 27th, 2016
Global estimates are that 90% of binary options firms are Israeli and Securities Authority head Shmuel Hauser wants all marketing worldwide banned. Last March, the Israel Securities Authority, headed by Prof. Shmuel Hauser, banned the marketing of binary options ...
FCA: Investment and fund manager banned
October 24th, 2016
On 20 October 2016 the Tribunal upheld the Financial Conduct Authority’s (FCA) decision to ban Tariq Carrimjee of Somerset Asset Management LLP (Somerset) from carrying out the compliance oversight and money laundering reporting significant influence functions. The Tribunal’s decision ...
Stock market shuts as Hong Kong braces for typhoon
October 21st, 2016
Hong Kong was bracing for the impact of Typhoon Haima on Friday, as one of the strongest storms to hit the city this year shut down the stock market and disrupted flights. Many flights at Hong Kong’s international airport ...
The Total Amount Of Debt In The World Just Hit A Record $152,000,000,000,000 (152 Trillion)
October 17th, 2016
If anyone ever asks you how much debt there is in the world, now you will know the answer. According to the IMF, the total amount of debt around the globe has now hit a staggering 152 trillion dollars. ...
About 15 Swiss banks reportedly in money laundering ‘red zone’
October 17th, 2016
Roughly 15 Swiss banks are in a”red zone” of lenders particularly exposed to money laundering risks, the head of Swiss banking watchdog Finma said in a newpaper interview published yesterday. Swiss federal prosecutors last week said they have opened ...
AMF France warns for unregulated Forex entities and websites
October 17th, 2016
The Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) issued a warning to inform the public against the activities of several websites and entities proposing Forex investments without being authorised to do ...
Red alert: Prepare for severe stock market crash, warns HSBC
October 14th, 2016
The technical analysis team at HSBC is warning recent stock market moves look eerily similar to just before 1987’s ‘Black Monday’, which saw the largest one-day market crash in history. On October 19, 1987, the Dow Jones Industrial Average ...
FCA fines Sonali Bank for serious anti-money laundering systems failings
October 12th, 2016
The Financial Conduct Authority (FCA) has fined Sonali Bank (UK) Limited (SBUK) £3,250,600 and has imposed a restriction, preventing it from accepting deposits from new customers for 168 days. It has also fined the bank’s former money laundering reporting ...
