Search Results for: financial services
ASIC permanently bans jailed company director from credit and financial services industries
August 22nd, 2017
The Australian Securities and Investments Commission (ASIC) has issued today a press release to inform that Mr Gavin Keith Hyland has been permanently banned from engaging in credit activities or providing financial services. Mr Hyland was banned following his recent ...
Financial Regulators around the world warn for unauthorized financial services firms
August 1st, 2017
The supervisory authorities of Austria (Financial Market Authority – FMA), Belgium (Financial Services and Markets Authority – FSMA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Hong Kong (Securities and Futures Commission – SFC) and British Columbia (British Columbia ...
FCA outlines proposals to extend the Senior Managers and Certification Regime to all financial services firms
July 28th, 2017
In October 2015, HM Treasury announced its intention to extend the Senior Managers and Certification Regime (SM&CR) to all sectors of the financial services industry. The Financial Conduct Authority (FCA) has published proposals to extend the SM&CR to almost ...
Australian financial services provider pays penalties
July 25th, 2017
Financial Choice Pty Ltd (Financial Choice), an Australian financial services provider, has paid two ASIC infringement notice penalties totalling $21,600, after making misleading representations in marketing emails sent to consumers and on its website. The first infringement notice related ...
Why free trade and open markets in financial services matter; Andrew Bailey, FCA Chief Executive
July 11th, 2017
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has released a speech by Andrew Bailey, Chief Executive of the FCA, at Reuters Newsmaker event. According the release: Note: this ...
AMF lifts the ban against 24option from providing financial services in France
June 27th, 2017
The Autorité des marchés financiers (AMF) has issued an announcement to inform that the Authority lifts the ban against Rodeler limited (“24option”) from providing financial services in France. According the announcement: Because of the non-compliance with certain professional obligations ...
ASIC Cancels the Financial Services License of a Firm
June 7th, 2017
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 reports for four consecutive years. ASIC Deputy Chairman Peter Kell ...
ASIC cancels Gallop International’s Australian financial services licence
May 29th, 2017
ASIC has cancelled the Australian financial service licence (AFS) licence of Gallop International Group Pty Ltd, formerly known as Weather Pro Exchange Pty Ltd (ACN 147 664 551) (Gallop). The cancellation of the AFS licence is effective from 24 May 2017. ...
The Spanish Regulator warns for unregistered financial services providers
May 24th, 2017
The National Securities Market Commission (CNMV) has issued a warning to inform investors and public on the following entities: FIRST INVESTMENTS CAPITAL MARKETS WWW.FIRSTINVESTMENTSCAPITALMARKETS.COM WWW.FIRST-UNION-ESP.COM WWW.TOROPTION.COM/ES DGX SYSTEM LTD WWW.OPTIONCM.COM DGX SYSTEMS LTD (PRIME FX BANK / PFXBANK) WWW.PFXBANK.COM WWW.PFX-BANK.COM ...
ASIC suspended Firm’s financial services licence
May 23rd, 2017
Australian financial services licence suspended for failing to lodge financial statements ASIC has suspended the Australian financial services (AFS) licence of NSW-based Divitiarum Audax Pty Limited (‘Divitiarum Audax’) from 8 May 2017 for failing to lodge financial statements and ...
