German BaFin Investigates Unauthorized Platform UUEX

BaFin stated that investors can find information on whether a company has obtained BaFin authorization in their company database. In addition, BaFin, the German Federal Criminal Police and the German State Criminal Police suggest that investors should mai

StoneX Markets LLC received a $1 million penalty for violating multiple NFA compliance rules

The National Futures Association (NFA), a self-regulatory organization in the derivatives industry in the United States, has imposed a fine of $1 million on StoneX Markets LLC, a registered swap dealer and NFA member, for violating multiple compliance rul

FSCS Announces Management Expense Budget for 2023/24: Claims Complex, Costs May Rise

Caroline Rainbird, Chief Executive Officer of FSCS, stated: "Claims processing infrastructure and support are the largest portion of the proposed management expenses for 2023/24, reaching £ 75.9 million, accounting for 76% of the total budget. This e

BaFin Investigates Unauthorized Platform F.W International

The official announcement stated that F.W International proactively contacted German clients of Trading Global (Hoxton), a trading platform operated by LTD, hoxglobal.com, and claimed to conduct business for the company through its own platform, financewi

The People\'s Bank of China and the China Banking and Insurance Regulatory Commission have established a dynamic adjustment mechanism for the first set of housing loan interest rate policies

Recently, the People\'s Bank of China and the China Banking and Insurance Regulatory Commission issued a notice, deciding to establish the first dynamic adjustment mechanism for housing loan interest rate policies. For cities where the sales prices of new

The China Banking and Insurance Regulatory Commission has issued the "Rules for Information Disclosure of Life Insurance Products with a Term of One Year or More"

In order to adhere to the development concept of putting the people at the center, safeguard the fundamental interests of the people, and effectively protect the legitimate rights and interests of policyholders, insured persons, and beneficiaries, the Chi

The China Banking and Insurance Regulatory Commission has issued the "Administrative Measures for the Protection of Consumer Rights and Interests of Banking and Insurance Institutions"

The "Management Measures" are important measures taken by the China Banking and Insurance Regulatory Commission to implement the spirit of the 20th National Congress of the Communist Party of China, deeply reflect the development concept of putt

Further support foreign economic and trade enterprises to expand the cross-border use of RMB and promote trade and investment facilitation

The Notice requires the convenience of using RMB for pricing and settlement of various cross-border trade and investment, and promotes banks to provide more convenient and efficient settlement services; Encourage banks to carry out overseas RMB loans, act

The China Banking and Insurance Regulatory Commission has issued the "Measures for the Administration of Banking and Insurance Regulatory Statistics"

Emphasize the realization of data value. In order to guide banking and insurance institutions to continuously improve their data analysis capabilities and fully tap into the value of regulatory statistical data, the "Measures" clearly propose re

Regulatory Information This Week: BaFin Investigates Unauthorized Broker Teredo Group Ltd in Germany

This week, the German Federal Financial Supervisory Authority (BaFin) announced that Teredo Group Ltd, a broker located in Saint Vincent and the Grenadines, did not comply with the requirements of the German Banking Act by conducting banking business or p

Malaysia Securities Commission updates investor warning list, two cloning companies listed

The Securities Commission of Malaysia (SC) has updated the investor warning list, which includes unauthorized websites, investment products, companies, and individuals. Please note that this list is not exhaustive and is only used as a reference for inves

CME Group\'s international daily average trading volume reached a new high in 2022, with a year-on-year increase of 15%

The world\'s leading derivatives exchange, CME Group, announced today that its international daily average trading volume (ADV) in 2022 reached 6.3 million contracts, an increase of 15% from 2021 and a record high. This is mainly driven by the growth of s

Serious issues with anti money laundering control measures! GT Bank fined over $7.6 million by FCA

The Financial Conduct Authority (FCA) has imposed a fine of £ 7671800 on the bank Guaranty Trust Bank (UK) Limited (GT Bank) due to serious deficiencies in its anti money laundering (AML) system and controls between October 2014 and July 2019. Since 2018,

The overall decline in retail currency deposits among the top five brokers in the United States in November was 18.3%, with the highest number falling by 18.3%

According to data from the United States Commodity Futures Trading Commission (CFTC), the retail currency deposits of customers by currency brokers in the region decreased in November 2022 compared to the previous month. The data covers all CFTC registere

Attention! Oxford Exchange OXD Platform FCA Regulation Cancelled

After investigation, the female Xia made an astonishing discovery: the Oxford Exchange license has expired. The female Xia first inquired about the Oxford Exchange\'s own regulatory number 769915. According to the FCA official website, the platform is no