China Banking and Insurance Regulatory Commission issued the "Catalogue of Application Materials and Format Requirements for Administrative Licensing Matters of Chinese Commercial Banks"

The purpose of this revision is to strengthen the effective connection between the "Catalogue" and the "Measures" and better meet the actual needs of supervision. At the same time, we will intensify efforts to streamline administration

CySEC 2022 year-end summary: The number of regulated entities rose to 837, with 86 license applications approved

The Cyprus Securities and Exchange Commission (CySEC) has published its annual summary for 2022. By the end of 2022, the number of entities supervised by the regulator totaled 837, an increase of 3.9 percent compared to 806 in 2021. That\'s up 12 percent

CySEC Survey: Most Investors dont Know the right way to check platform Regulation!

When it comes to checking whether companies selling investment products are licensed to operate, 15 percent of respondents said they don\\\\\\\'t do any checks at all. Most (51%) said they looked at a company review or a company\\\\\\\'s own website (44%)

Bankrupt crypto giant FTXs European subsidiary creates a dedicated website for customer balance withdrawal

FTX Europe, the European subsidiary of bankrupt crypto giant FTX, has created a new website dedicated to customers withdrawing their account balances on the FTX Europe platform. The website, with the domain name https://ftxeurope.eu/, has been approved by

The FCA warns that poor practices will cause clients to lose money, and CySEC updates its requirements for providing investment services in third countries

What were some of the forex industry news that caught your attention in the past week? For example, the FCA issued a warning to authorized CFD brokers that bad practices would result in customers losing money; CySEC updates the requirements for brokers to

FTX initially approached crypto exchange OKX before Binance agreed to a possible acquisition

FTX CEO Sam Bankman-Fried approached cryptocurrency exchange OKX for a deal on Monday morning, and on Tuesday he announced Binance had signed a non-binding agreement to acquire FTX in the face of an apparent liquidity crunch, an OKX spokesperson said.

BlockFi is seeking a bankruptcy filing. The cryptocurrency lender is no longer able to run its business as usual

In a statement on Monday, the company said it was "working around the clock to achieve the best possible outcome in light of last week\'s events." The company also explained that rumors that "the majority of BlockFi\'s assets are held in cu

Credit Suisse withdrew some of its proposals at the annual general meeting, including the proposed distribution of retained earnings

Credit Suisse Group AG (" Credit Suisse ") announced on Wednesday (March 29) that it has withdrawn certain proposals submitted to its 2023 annual General Meeting following the bank\'s recent merger with ubs (" UBS ").

FTX founder Sam Bankman-Fried is accused of paying more than $40 million in bribes to Chinese officials.

Sam Bankman-Fried, the founder of the defunct cryptocurrency exchange FTX, has been charged with another crime: bribery. In an indictment filed Tuesday, the Justice Department said Bankman-Fried "authorized and directed bribes of at least $40 million

FTX initially approached crypto exchange OKX before Binance agreed to a possible acquisition

FTX CEO Sam Bankman-Fried approached cryptocurrency exchange OKX for a deal on Monday morning, and on Tuesday he announced Binance had signed a non-binding agreement to acquire FTX in the face of an apparent liquidity crunch, an OKX spokesperson said.

After Binance was indicted by the US authorities, a large amount of cryptocurrencies flowed out of the exchange

After the U.S. Commodity Futures Trading Commission (CFTC) sued Binance for alleged violations of rules related to trading and derivatives, a large amount of cryptocurrencies flowed out of the exchange. And some observers noted "massive volatility on

FCA warning: Stay away from Stacks Investments!

The FCA warns that Stacks Investments offers financial services or products in the UK without our authorisation and if you suffer a loss of funds, you will not be able to use the Financial Ombudsman service or be protected by the Financial Services Compen

FCAs latest warning - Wealth Nets Finance Ops are not regulated!

The FCA believes the firm may be offering financial services or products in the UK without its authorisation. Investors should be wary of dealing with this unauthorized company and how to protect themselves. The relevant company information announced is a

Violation of compliance! Crypto exchange Binance and its CEO Changpeng Zhao have been indicted by US authorities

The CFTC said it had filed a civil enforcement complaint in a federal court in Chicago accusing Zhao and the three entities that operate Binance platforms of multiple violations of the Commodity Exchange Act and CFTC regulations. The complaint also accuse

Continue the upward trend! Overall institutional currency trading volume increased in February 2023

Trading volumes for February 2023 on major global institutional platforms have been announced, showing an overall upward trend. The report covers the average daily volume (ADV) of institutional currency trading volumes across six major venues, namely Cboe