Regulation
October 22, 2018 BY Valentina Kirilova

ASIC charges former financial services responsible manager

Mr Andrew Law, of Biggera Waters, Queensland, has been charged with three offences under the Corporations Act after allegedly making false or misleading statements in documents submitted to Australian regulator ASIC. Mr Law’s charges were first listed before Queensland’s Southport’s Magistrates Court on 15 October 2018. ASIC also alleges that in December 2013, Mr Law…

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Alpha FX adds HiFX founder Matt Knowles to its Board
October 22, 2018 BY Valentina Kirilova

Alpha FX adds HiFX founder Matt Knowles to its Board

Alpha FX Group plc (LON:AFX), a UK-based foreign exchange service provider working for corporates and institutions, has just announced the appointment of Matt Knowles to the Board as an independent non-executive director with immediate effect. Matt Knowles has significant industry expertise having spent 19 years at HiFX, a business providing international payment services to both…

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fca warning clone firm
October 19, 2018 BY Valentina Kirilova

FCA warns against Scrilliy clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Scrilliy. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…

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Integral volumes
October 19, 2018 BY Valentina Kirilova

Avelacom extends ultra low latency connectivity to South African capital markets

Avelacom, the high-performance connectivity and IT infrastructure solutions provider for the financial services industry, has just announced that it has extended its connectivity offerings to South Africa, enabling trading firms to access the Johannesburg Stock Exchange (JSE) in a fast and reliable way. Global banks, HFTs and hedge funds accessing the JSE can now obtain…

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Leo Melamed
October 19, 2018 BY Valentina Kirilova

FSA appoints Chairman Emeritus Leo Melamed of CME Group as Advisor

Japan’s Financial Services Agency (FSA) has announced that it has appointed Mr. Leo Melamed, Chairman Emeritus of the Chicago Mercantile Exchange (CME Group), as the FSA advisor. Mr. Melamed became the chairman of the CME in 1969, and has been Chairman Emeritus since 1997. He has contributed to the development of financial futures markets, including…

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CySEC fine
October 19, 2018 BY Valentina Kirilova

CySEC fines individual €10.000 for fraud

The Cyprus Securities and Exchange Commission (CySEC) has just informed the public that it decided the imposition of an administrative fine of €10.000 to Mrs Milena Valentinova Christofide. The complete text of the regulator’s decision can be seen below: Announcement date: 19.10.2018 Board decision date: 03.09.2018 Regarding: Mrs Milena Valentinova Christofide Legislation: The Investment Services…

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