LSEG uses OPENFIN technology to enhance financial market solutions

London Stock Exchange Group (LSEG) has taken a major step forward in enhancing the user experience by partnering with OpenFin, the financial industry\'s leading provider of Chromium container and workspace technology. The collaboration aims to simplify th

Head of the Hong Kong Monetary Authority: Hong Kong will introduce strict cryptocurrency regulations

In an interview on Tuesday, Eddie Yue, chief executive of the Hong Kong Monetary Authority (HKMA), elaborated on this point: "Our regulation is going to be tough. We\'re going to let these crypto companies create an ecosystem here, which brings a lot

ASIC revoked the AFS licences of Capital Investment Partners and DGR

The Australian Securities and Investments Commission (ASIC) today announced the suspension of Capital Investment Partners Pty Ltd (Capital Investment Partners) and DGR Bloodstock Services Pty Ltd (DGR) are Australian Financial Services (AFS) licences for

CySEC revokes the Investor Compensation Fund membership of two investment firms

The Cyprus Securities and Exchange Commission (CySEC) announced yesterday that it has revoked the membership of the Investor Compensation Fund (ICF) for two of its members in accordance with paragraph 6 of its Directive DI87-07 on the operation of the Inv

The FCA intervened in 2,235 misleading financial promotions in the first quarter of 2023

The Financial Conduct Authority (FCA) has released financial promotions data for the first quarter of 2023 ending March 31, 2023, with 2,235 promotions modified or withdrawn from 47 authorised companies following the regulator\'s intervention in the perio

A record! Australians lost A $1.5 billion to investment scams in 2022

According to the latest figures released by the Australian Competition and Consumer Commission (ACCC), Australians lost a record $3.1 billion to scams in 2022, of which $1.5 billion was lost to investment scams. Losses have increased by 80 per cent compar

Another bankrupt company! Cryptocurrency exchange Bittrex filed for bankruptcy protection

Seattle-based Bittrex ceased its U.S. operations on April 30 and said its bankruptcy filing would not affect the business of Bittrex Global, its company that serves clients outside the United States. The company\'s non-US operations are based in Liechtens

A San Francisco man has been charged after allegedly running a Ponzi scheme that defrauded hundreds of people out of 39 million dollars

Between late 2013 and 2020, Chu, 41, of Alamo, California, allegedly used multiple companies to fraudulently solicit investment to buy and resell professional basketball tickets and luxury suites at Oracle Arena in Oakland, California, raising $39 million

The FCA continues to crack down on unregistered cryptocurrency ATMs

The FCA joined forces with Exeter, Nottingham and Sheffield police to carry out inspections in the area. The regulator said in an announcement on Friday that the devices, which convert fiat money into cryptocurrencies, pose a money laundering threat and a

N3.6 billion scam: FG issues criminal summons for fraud against black platform UK Dion and its head

The Federal Government of Nigeria has asked Judge Zainab Abubakar of the Federal High Court in Abuja to indict alleged Ponzi scheme operator Michael Ukiye Diongoli and his two companies, UK Dion Group and UK Dion Investment Limited issued criminal summons

Nigerias Economic and Financial Crimes Commission (EFCC) has charged a man with 5 million naira CFD fraud

On May 3, the Kaduna Regional Command of Nigeria\\\'s Economic and Financial Crimes Commission (EFCC) arraigned a man named Philip Yohanna before Judge Daruis Khobo of the Kaduna State High Court in Kaduna State on three criminal charges of breach of trus

Spains CNMV has issued a warning against three unauthorised foreign exchange traders

In accordance with Article 17, paragraph 2, of the Law on the Securities Market (reformulated by Royal Decree No. 4/2015 of 23 October), the Comision Nacional del Mercado de Valores (National Commission on the Securities Market of Spain) warns that The fo

Regulation in the Philippines: Minimum capital requirement for currency brokers is PHP100 million

Each regulator has different rules and enforcement, depending on the country in which it operates. They require all brokers and banks to be registered and licensed in the country in which they wish to operate, always in compliance with applicable laws; Th

Think of terror in detail! A 30-year-old Chinese man has been arrested for online fraud in Japan after 2.9 million account details were found on his computer

It is reported that the 30-year-old Chinese man surnamed Hu is a director of a company in Minato Ward, Tokyo, his computer stored as many as 2.9 million people\'s account numbers and passwords, and about 100 million email addresses, police suspect that he

China Banking and Insurance Regulatory Commission issued the "Agricultural Insurance Actuarial Provisions (Trial)"

The Regulations also specify the duties of the chief actuary. Specifically, the chief actuary of an insurance company, as the first person responsible for the actuarial management of the company\'s agricultural insurance, should strictly comply with the s