Several corporate entities, such as Alpari, have been placed on the warning list by the Malaysian regulator SC

The central bank\'s decision was made in connection with violations of the authority\'s guidance by the broker system, deficiencies in risk management and other factors. Second, due to the lack of competition in the local market, Russian citizens focus th

Germany\'s BaFin has launched an investigation into the unauthorized company A.K.P.U Group LLC

According to the investigation, there is no indication of any actual cooperation between Kingdom Investments Management Limited and the operators of the kingdom investments.io platform or the kims-ltd.co website. Instead, Kingdom Investments Management Li

F1Markets Ltd\'s Cyprus investment company licence revoked

The Cyprus Securities and Exchange Commission (CySEC) today announced that it has revoked the Cyprus Investment Company (CIF) licence of currency pair and CFD broker F1Markets Ltd, number 267/15. In accordance with Article 8(1)(a) of the Investment Servic

Strong anonymity of cryptocurrencies is banned under new Dubai crypto regulations

On Tuesday, February 7, 2023, the Dubai Virtual Asset Regulatory Authority (VARA) released guidelines for the regulation of the local cryptocurrency industry. The guidelines identify ten core principles for the industry, which include licensing requiremen

Will the FBMKLCI\'s recent review of glove stocks be squeezed out of the 30 member stocks?

After the 30 index members, the five closest market capitalization non-index member listed companies include WESTPORT Holdings (WESTPORT), QL (QL), SUPERMX (SUPERMX), KOSSAN (柅) and INARI (INARI).

OANDA has restructured its European retail trading business and plans to exit the Maltese market in March

In September 2020, OANDA announced the acquisition of Dom Maklerski TMS Brokers S.A. (now renamed OANDA TMS Brokers S.A., "OANDA TMS"), an established Polish multi-asset broker regulated by the Polish Financial Supervisory Authority (KNF). Thus

Broke? OvalX\'s client assets were sold to London-based broker Capital.com

According to OvalX\'s FY2021 business data released last September, its revenue and profit declined compared to the previous year. In fiscal 2021, the company\'s total revenue fell 24% to £24.2 million from £31.8 million in the previous year, while net op

Two 7.8-magnitude earthquakes in Turkey sent financial markets reeling, sending the lira to a record low against the dollar

At 18:00 Beijing time on February 6, a 7.8-magnitude earthquake occurred in Turkey with a focal depth of 20 kilometers. So far, Turkey has three strong earthquakes of more than 6 magnitude in a day, at least 78 aftershocks, two of which reached 7.8 magnit

In response to ASIC\'s application for a court order to liquidate Merlin Diamonds Limited

The Federal Court of Australia has ordered Merlin Diamonds LIMITED to be liquidated on insolvency grounds following an application by the Australian Securities and Investments Commission (ASIC). Mr. Salvatore Algeri and Mr. Timothy Norman of Deloitte Fina

South Africa FSCA "Blacklist" Update! 6 new companies or individuals on the list

Under the Financial Advice and Intermediary Services Act 2022 (FAIS Act), the individuals behind the WhatsApp group are not entitled to provide any financial advice or intermediary services. The WhatsApp group advertised its financial plans to underprivil

Malta MFSA Warning: Crypto Foxtrades is not authorised

Malta\'s financial services authority (MFSA) has noticed a called Crypto Foxtrades entity, the entity in the presence of the Internet at http://www.cryptofoxtrades.com/. The entity claims to be "a licensed and regulated trading platform serving more

South Africa FSCA warning: VIP Chairo Crypto engaged in unauthorized business

South Africa\'s Financial Sector Conduct Authority (FSCA) has warned the public to exercise caution when dealing with an entity called VIP Chairo Crypto. The FSCA suspects VIP Chairo Crypto of conducting an unauthorized financial services business and vio

Blockbuster! FCA regulated accounts are eligible for up to 355,000 compensation!

The Financial Conduct Authority (FCA) has confirmed that the Financial Ombudsman Service (FOS) has increased the amount of compensation financial services firms can pay to consumers and businesses. After the increase, consumers and businesses will be able

Cyprus CySEC revokes CIF licence of Prior Capital CY Ltd

rior Capital CY Ltd\'s former brand, PriorFx Ltd, was fined €64,000 in 2017 for breaching regulatory obligations with its marketing materials. While CySEC did not provide a breakdown or specifics of the penalties at the time, similar decisions are often m

FCA intervened in over 8000 misleading financial promotions in 2022

Sarah Pritchard, Executive Director of FCA Marketing, commented: Financial promotions must be fair, clear, and not misleading. By utilizing better technology, we can now detect advertisements of poor quality or misleading content more quickly. Once we dis