CySEC warns unregistered crypto company Berkshire Hathaway TX

The site is operated by Berkshire Hathaway TX, Inc. According to CySEC, the company is not registered with the regulator as a crypto asset service provider and does not comply with Section 61E of the Prevention and Suppression of Money Laundering and Terr

Multiple activity violations! Itrade Global (CY) Ltd was fined €1 million by CySEC

The Board of Directors of the Cyprus Securities and Exchange Commission (CySEC) has decided to impose a total fine of EUR 1 million on Itrade Global (CY) Ltd, a Cypriot investment company, for various violations of the Investment Services and Activities a

Goldman Sachs launches trading banking in Japan

The move comes as the global economic slowdown hits investment banks, leading some to seek new sources of revenue. Goldman aims to win a wave of deal banking mandates from Japanese companies over the next few years, including tapping those it already has

CySEC has again extended the FTX licence suspension until the end of September this year

The Cyprus Securities and Exchange Commission (CySEC) today announced its decision to extend the suspension of the authorisation of FTX (EU) Ltd until September 30, 2023. FTX (EU) Ltd is a Cypriot investment company and the European subsidiary of the bank

Us currency brokers increased retail deposits in February 2023, with Gain still dominant

The data covers all CFTC registered brokers (FCMs), also known as Retail Transaction Transaction Brokers (RFEDs), and broker-dealers with retail money deposits in the United States, which are six companies: Gain Capital, IG US, Interactive Brokers, OANDA,

South Korean cryptocurrency exchange Gdac was hacked and lost nearly $13 million

The hackers stole nearly 61 Bitcoin (BTC), 350.5 Ether (ETH), 10 million wemix tokens (WEMIX) and 220,000 Teda tokens (USDT). The Gdac said it had informed the authorities about the hack and was working to recover the funds.

Australia\'s ASIC revokes Starfish Financial\'s AFS licence

Australia\'s Financial markets regulator ASIC has revoked Starfish Financial Services Pty Ltd\'s regulatory authorisation, which allowed the company to trade interests in managed investment schemes to wholesale clients.

Violation of the CFTC Swaps Code of Business Conduct! Goldman Sachs was fined $1.5m

The U.S. Commodity Futures Trading Commission filed charges against Goldman Sachs & Co. LLC for violating the CFTC\'s Business Conduct Standards, which apply to swap dealers. Specifically, the CFTC found that Goldman failed to disclose dozens of pre-t

CySEC has released an update on the annual fee payment requirements for investment companies in Cyprus for 2022

The Cyprus Securities and Exchange Commission (CySEC) has announced that the Annual Fee Calculation Form 87-03-01 has been updated to cover the annual fee for 2022 and has been published on the CySEC website. Cyprus Investment Company (CIFs) is required t

WealthTek went bust and was discontinued by the FCA

Due to serious regulatory and operational issues, last Thursday (April 6), The FCA has ordered WealthTek Limited Liability Partnership, which operates under the trade names Vertem Asset Management and Malloch Melville, to cease operations with immediate e

Turkish police have detained more than 130 people in a major foreign exchange fraud operation involving 10 billion lira.

According to local media reports, this is the largest cyber operation in the country in recent years, in which the suspects set up illegal companies not registered with the Capital Market Commission (SPK), defrauded citizens under the pretext of investmen

The French AMF has issued a warning to unlicensed CFD brokers

According to the news released on the official website on April 6, 2023, The updated warning list includes cint.pro, cintra.group, green-capitalz.com, hightrustcapital.com, ipgatetrade.pro, spotyfx.com, stbmarkets.com and superether.io.

were banned by Italy\'s COIllegal provision of financial services! Aquilafx and MFS Securities, among othersNSOB

CONSOB, Italy\'s financial watchdog, blacklisted five more websites yesterday for providing unauthorised financial services. So far, the total number of illegal websites blocked has reached 871.

Indias central bank after Canada and Australia hike rates

On Thursday (April 6), after six consecutive interest rate hikes, the Reserve Bank of India on Thursday left the key repo rate unchanged, with the consensus expectation of a 25 basis point increase.

Brussels gives green light to UBS, Credit Suisse deal

UBS has received provisional approval from EU antitrust regulators to complete its acquisition of Credit Suisse, the European Commission said on Tuesday. But the deal still needs regulatory approval under EU merger rules.