The HK regulator forbids former UBS Deputy Manager
Hong Kong’s Securities and Exchange Commission (SFC) has banned Mr Suen Kin-Wing, former UBS AG chief executive from the review of life for life. The ban reflects Suen’s criminal convictions for money laundering and the department of contempt for the court. The case came from the role of Suen as a customer consultant of two […]
Monex’s Coincheck gets Crypto Prime Broker Aplo
The Coincheck NV Group (Nasdaq: CNCK), the Cryptographic arm of Japan’s Monex Group, and the operator of one of Japan’s leading cryptographic exchanges, announced that it had an agreement on the acquisition of ADPLO SAS of France. According to the agreement, all of Applo shares issued and pending shares must be exchanged for recently issued […]
IG Japan announces changes to ETF accounts accounts
IG Securities, the Japanese subsidiary of the IG Electronic Commercial Group, plans to disable the negotiation of certain ETFs through individual shares. Effective in mid -October, the appearance of eligible ETFs in individual stock accounts will be discontinued. New orders will not be accepted, but existing positions can be settled by the List tab. After […]
Fiinu seeks to increase up to £ 1.41 million through the shares problem
FIINU PLC (Lon: Bank) has entered into subscription agreements to raise gross income of up to £ 1,410,000 through the release of 9,400,000 new ordinary shares in 15 pens per share. The subscription shares will be issued to institutional and other investors, in response to market demand, and the corresponding funds will be used to […]
Plus500 announces Ice Clear Europe Clearing Membership
The Online Trading Company Plus500 Ltd (Lon: Plus) announced today that the team has secured a new participation in the Ice Clear Europe, part of the Intercontinental Exchange Group (Ice). This participation in liquidation allows the Group to strategically extend future fulfillment businesses to new territories and customers, further reducing clearance services to cover a […]
Austrac issues Revolut with 187.8 mm violation notice for delayed report
Australia’s reporting and transaction analysis Center (Austrac) issued Revolut Payments Australia Pty Ltd with a notice of $ 187,800 after being informed by Austrac, had submitted delayed reports. Revolut, a provider of remittance services, self-proclaimed failures for the submission of international capital transfer instructions within the time framework defined by the law on money laundering […]
Societe Generale Securities Australia has put a fine of $ 3.88 million for the rules of integrity of the infringement of violation
Societe Generale Securities Australia has been fined $ 3.88 million by the Market Disciplinary Committee (MDP) following an investigation by the Australian Securities and Exchange Commission (ASIC). The penalty comes from Soocgen’s failure to prevent suspicious orders in the market for future electricity and wheat fulfillment. The company has violated market integrity rules, allowing two […]
Top newly established Fintech companies disrupt transactions with AI
AI actively reforms the field of electronic financial negotiation with better strategies, execution and risk management. From the risk funds for retail traders, AI has found its way to markets and many newly established businesses have begun to adopt it to offer advanced market tools and ideas. Fintechs in force by AI make markets more […]
West Brothers receive prison sentences for confidential transactions
Matthew and Nikolas West have been convicted of confidential transactions in a prosecution by the United Kingdom’s financial behavior authority (FCA). Matthew West was sentenced to 15 months in prison, suspended for 2 years, along with a 200 -hour job requirement. Nicholas West was sentenced to 6 months in prison, suspended for 12 months. The […]
Finseta becomes FX sponsored by Squash PSA tour
Squash Media & Marketing (SMM), a commercial entity owned and operated by the Squash Vocational Association (PSA), has announced that it has signed a multi -year collaboration with Finseta Plc (Lon: Fin), which will see payments and economic technology based on the United Kingdom. The partnership will see Finseta’s international payments (formerly known as Cornstone […]