July 12, 2016 BY LeapRate Staff
What’s your Brexit strategy?
What should regulated financial institutions in the UK be doing to protect their EU business post Brexit?
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September 22, 2015 BY Maria Nikolova
Bank of Russia slams initiative for banning use of USD and EUR for business operations
Such a ban would lead to a rise in criminal activities and all sorts of illicit currency operations, says the Bank of Russia in a special comment regarding a proposal by one of Russia's parliamentarians.
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September 15, 2015 BY Maria Nikolova
UAE securities regulator bolsters anti-money laundering mechanisms
The SCA has ordered all UAE-based securities and commodities brokerage companies to establish and activate electronic connection with a special unit of the Central Bank of the UAE.
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August 17, 2015 BY Maria Nikolova
Hong Kong's SFC received 1,805 licensing applications in April-June quarter
The number of applications the regulator received in the April-June 2015 period was 15.1% higher than a year earlier, signalling high interest in the regional market.
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June 24, 2015 BY Maria Nikolova
Court appoints administrators at Maltese Cross Financial Services
While the court has to decide whether the investment company should be liquidated or not, it has appointed provisional administrators to take control of its affairs and assets.
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June 18, 2015 BY Maria Nikolova
FMA imposes fine of NZ$1.5m on Milford Asset Management for market manipulation
The conduct of one of the traders employed at the firm breached the market manipulation prohibitions stated in the Securities Markets Act 1988.
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June 11, 2015 BY Maria Nikolova
Swiss FINMA adds Private Online Investment to warning list
The company pledges its clients can receive returns on investment of up to 1700% in just two hours, whereas there is no clarity on how investors' funds are used.
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June 08, 2015 BY Andrew Saks-McLeod
FCA appoints Hong Kong SFC Head of Enforcement as Director of Market Oversight
British financial markets regulator, the FCA, has appointed Hong Kong Securities and Futures Commission executive Mark Steward as Director of Market Oversight, and Santander Managing Director Barbara Frohn as Director of Risk and Compliance Oversight
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June 08, 2015 BY Maria Nikolova
Dubai Financial Services Authority grants “Recognised body” status to DGCX
The regulatory move allows all businesses domiciled in the Dubai International Financial Centre to access the products offered by the Dubai Gold and Commodities Exchange.
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May 26, 2015 BY Andrew Saks-McLeod
Up go the fines, down goes the revenue. The reverse economics of the FCA
The combined penalties issued to Barclays and Deutsche Bank, at £511 million, make up the lion’s share of the £696.6 million total for the year to date, representing nearly half of the £1.4 billion reaped last year, however the FCA considers it very unlikely that it will be able to match that in the second half of the year
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