Forex Weekly Look Back: FXSpotStream reports third highest ADV month ever, BDSwiss secures FSA Seychelles license LeapRate

July 03, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: FXSpotStream reports third highest ADV month ever, BDSwiss secures FSA Seychelles license

The UK Financial Conduct Authority suspended Wirecard’s UK subsidiary and left thousands of people in the UK unable to access their money. The UK regulator froze Wirecard Card Solutions’ UK lincense to protect the company's clients following the German-based parent company Wirecard AG filing for insolvency on Thursday last week after accounting firm Ernst & Young…

July 02, 2020 BY Steffy Bogdanova

Traderking, Invcenter and others added to FCA warning list

Traderking Address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown, St. Vincent and the Grenadines Telephone: 01134710070; +41912083263; +44-111-111-11-11 Email: [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected] Website: https://traderking.io/ Invcenter Address: First floor, First St. Vincent Bank Ltd. Building, James street, P.O.B 1574, Kingstown VC0100 St. Vincent and the Grenadines Telephone: +44 20 3991…

June 29, 2020 BY Steffy Bogdanova

The Lenders, British Market and others added to FCA warning list

The Lenders Telephone: +0300010416; +44 122 739 1454 Email: [email protected]; [email protected] Website: http://thelenders.co.uk/ British Market Address: 2 Bankside London, United Kingdom Website: https://british-market.co.uk/ Citizens Advisory Address: 101 Oxford Street, Manchester, M1 5AN Website: www.citizensadvisory.co.uk FOPU (clone of FCA authorised firm) Address: Unit G25 Waterfront Studios, 1 Dock Road, London, United Kingdom, E16 1AH Telephone:…

FCA freezes Wirecard UK subsidiary, card holders cannot access their money

June 29, 2020 BY Steffy Bogdanova

Wirecard scandal leaves UK card holders without access to their money

The Anna app warned its customers that they had less than an hour to withdraw their money before all accounts of the app were frozen. Users of other fintechs received no warning. Consequently, millions of digital banking customers, including business owners have been affected and are unable to access their money. Anna and Pockit seem…

June 26, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Andrey Dashin launches Exinity Group, ActivTrades expects record revenues in H1 2020

The Italian Banking Association (ABI) has shown its willingness to support a digital currency from the European Central Bank. The ABI has approved official guidelines for governing a Central Bank Digital Currency (CBDC). The Executive Committee of the ABI has agreed on ten fundamental criteria to issue the digital euro. London Stock Exchange Group (LSEG) announced…

June 24, 2020 BY Steffy Bogdanova

Frisky Loans, FIRST BROKERS and others added to FCA warning list

Frisky Loans Email: [email protected]; [email protected] Website: https://www.friskyloans.co.uk/ FIRST BROKERS Address: Tera Holding Ltd, Flat A, 15F Hillier Comm, Bldg 65-67 Bonham Street East, SheunDetails provided areg Wan, Hong Kong. Telephone: +44-2038-852-011, 020 8068 0274, +272-1204-8669, +8-5-239-733-927 Email: [email protected], [email protected] Website: www.fbrokers.com AnyTrades / www.anytrades.com / www.anytradesconsulting.com Telephone: +45 78 150 480; +44 203 670 0079;…

FCA’s updated warning list cautions against new businesses

June 24, 2020 BY Steffy Bogdanova

London Stock Exchange executive Nikhil Rathi appointed as CEO at the FCA

Since 2015, Rathi has served as chief executive of the London Stock Exchange’s UK division. He was also a director of the financial services division in the Treasury in 2009 for five years. Nikhil Rathi said: I am honoured to be appointed Chief Executive of the Financial Conduct Authority. I look forward to building on…

June 19, 2020 BY Steffy Bogdanova

Smart bonds, Select Invest and others added to FCA warning list

Smart bonds Website: www.my-smartbonds.co.uk Select Invest Website: www.select-invest.co.uk The Investmentheads Address: 2 Constance Street, London, E16 2DQ Telephone: 07832190826 Email: [email protected] Website: https://investmentheads.co.uk/ CompareFixedRateBonds Address: 52-160 Kemp House, London, EC21 V2NX Telephone: 020 8050 1504 Email: [email protected] Website: https://www.comparefixedratebonds.co.uk/ British Bonds Address: 2 Bankside London Website: www.british-bonds.org.uk First Claims Group Email: [email protected] Website: https://www.paydayclaimhelp.co.uk/ FCA…

June 19, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: CMC Markets expands share baskets range, ASIC places new license conditions on SocGen

Global Fintech provider Broadridge Financial Solutions, Inc. (NYSE:BR), announced that LTX, its new AI-driven corporate bonds trading platform, has executed its first trades. In the creation of LTX, Broadridge partnered with Jim Toffey, founder of Tradeweb Markets. The platform combines artificial intelligence (AI) with a new digital execution protocol that allows broker-dealers to improve market liquidity,…

FCA bans sale of crypto-derivatives to retail consumers

June 19, 2020 BY Steffy Bogdanova

Mini-bond marketing ban to be made permanent in the UK

The mini-bond ban will apply to the most complex and opaque deals where the raised funds are lent to a third party, to buy or acquire investments or to buy or fund the construction of property. There are exemptions such as regularly traded listed bonds, companies which raise funds for their own commercial or industrial…

Tag: FCA