Regulatory Sanctions

Cyprus Securities and exchange commission (cysec)

CySec announced more than 1 Million euro in total fines to Members of the Board of Directors of Cyprus Popular Bank

The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that it has investigated the compliance of: Cyprus Popular Bank Public ... Read More

The Netherlands Financial Markets Regulator Fines International Card Services

The Netherlands Authority for the Financial Markets (AFM) announced that it is fining International Card Services (ICS), a wholly-owned subsidiary of ABN AMRO, for excessive credit limits. In March ... Read More

UBS Securities pays penalties

UBS Securities pays $280,000 in infringement notice penalties UBS Securities Australia Limited (‘UBS’) has paid penalties totalling $280,000 to comply with two infringement notices given to it by the ... Read More

NAAM and its owner to pay more than $1.6 million in illegal precious metals transactions

Federal Court Orders Florida-Based North American Asset Management, LLC, Alexi Bethel, and Steven Labadie to Pay More than $1.6 Million in Restitution and a Civil Monetary Penalty for Engaging ... Read More

Forex provider restricted to carry on all activities for which it is licensed

The Securities and Futures Commission (SFC) today issued a Restriction Notice on IDS Forex HK Limited prohibiting the firm from carrying on all activities for which it is licensed, ... Read More

Citigroup Global Markets Australia pays $50,000 in infringement notice penalty

Citigroup Global Markets Australia Pty Ltd (‘Citigroup’) has paid a penalty of $50,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (‘MDP’). The ... Read More

CySec has imposed fines in a collective sum of €405,000 on a number of directors and relevant persons of CommexFX

The Cyprus Securities and Exchange Commission (CySec) has issued today a press release to inform about its decision to impose a series of financial penalties on a number of ... Read More

Former financial planner of Westpac banned for five year

ASIC has banned Mr Sudhir Kumar Sinha, a financial planner from Western Australia, from providing financial services until 2 June 2022. Mr Sinha was an employed representative of Westpac ... Read More

ASIC Cancels the Financial Services License of a Firm

ASIC has cancelled the Australian financial services (AFS) licence of Sydney based company Investment Advisers Alliance Pty Limited (AFS 237902) for failing to lodge its financial statements and auditor’s ... Read More
Anti Money Laundering

Brokerage Firm Charged With Failing to Comply With Anti-Money Laundering Laws

The Securities and Exchange Commission (SEC) has issued an announcement to inform that the Commission charges a Salt Lake City-based brokerage firm with securities law violations related to its alleged ... Read More
Broker Cyprus TopFX