ASIC began civil penalty proceedings in the Federal Court against Forex CT and Shlomo Yoshai on 16 July 2020, after discovering that the sole director’s lack of respect for compliance justified a ban for a significant period of time. Yoshai has now been given a ten- year ban after behaviour on Forex CT’s trading floor…
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www.cjcmarketsglobal.biz/ Website: www.cjcmarketsglobal.biz/ Phone: + 91 97642 16796 The FMA warned that the website www.cjcmarketsglobal.biz/ is contacting individuals via private messages and are falsely claiming to be authorised and licensed by the FMA. The website is in fact not associated with or authorised by the NZ incorporated company, Carrick Just Capital Markets Limited Trading As CJC…
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AxiCorp’s licence also requires the company to provide ASIC with attestation from a senior executive within the firm. They must confirm that they are satisfied that AxiCorp has undertaken all necessary remedial actions and that it has in place adequate compliance measures to ensure that it and its representatives comply with financial services laws. If…
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The new policy grants immunity to the first individual who satisfies the immunity criteria and reports the misconduct to ASIC before an investigation has started. ASIC still encourages individuals who do not meet the criteria to cooperate and they will be given due credit. The regulator will not grant immunity from any administrative or compensation…
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ESMA’s statement is part of investor protection objective to safeguard retail investors, whose participation is key to the development of the Capital Markets Union. ESMA stated: ESMA urges retail investors to be careful when taking investment decisions based exclusively on information from social media and other unregulated online platforms, if they cannot verify the reliability…
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winngroups.com Websites: https://www.winngroups.com/ Emails: [email protected] The FMA warned that the website winngroups.com is not associated to or authorised by the UK registered company Winn Group Ltd and is falsely purporting to be so. winngroups.com has been taking unauthorized payments from investors’ accounts. Wendav Limited (Wendav) Websites: https://www.wendavlimited.com/ Emails: [email protected] The FMA was advised that investments with…
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The new agreement will take effect on provisional basis on 1 January 2021. The agreement is expected to be approved by the European Council by the end of the year and its provisional applications are to apply until 28 February 2021. The European Parliament needs to make final decision on the final application of the…
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The regulator provided details of the bank account used by CFG and GPI: Account Name: Liangfu Tang Account Number: 2161945220 Bank Name: East West Bank (United States of America) Account Name: Dai Feng Account Number: 056 499015 221 Bank Name: HSBC Bank (Singapore) Limited FMA also noted that CFG and its associated entities are requesting…
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A subsidiary of Jefferies Financial Group, the FXCM group has a pan-European operation. Currently, the brokerage conducts its services in the European Union with its FCA licence. However, the validity of that licence inside Europe may be questionable in case of a no-deal Brexit. FXCM is still operating im Europe under its UK licence but…
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YuanPay Group Associates names: YuanPay Group International SA, Yuan Payments Group International SA Website: https://yuanpaygroup.com and https://yuanpaymentsys.com The FMA stated YuanPay Group has been advertising their trading services in Chinese digital Yuan with fake news articles featuring a New Zealand celebrity. In addition, the digital yuan product is not available for trading.None of YuanPay Group…
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