Japanese regulatory agencies continue to exert their efforts! FTX Japan\'s suspension period extended to March 2023

Recently, FTX has attempted to sell most of its business. Last month, the global institutional digital currency platform HAYVN stated that it is considering acquiring FTX\'s payment business. In addition, the sale of LedgerX, a digital currency futures cl

UK FSCS report: 10 companies defaulted from October to November

Sabah Carter, Chief Data, Intelligence, and Technology Officer of FSCS, said: "FSCS aims to protect consumers across the UK and contribute to financial stability. We are contacting consumers to let them know that if they suffer losses due to defaulti

CySEC releases a new cross-border activity report form: CIF needs to collect business country data for over 50 retail customers

On November 30, 2022, the Cyprus Securities and Exchange Commission (CySEC) issued a notice to Cyprus Investment Companies (CIFs) to launch a new cross-border activity reporting form, CBRT-CIF. The CBRT-CIF form requires CIF to collect data on cross-borde

£ 15 million! Former Premier League player Richard Rufus is suspected of CFD investment fraud

Rufus told investors that current and former players, including 44 year old former England and Manchester United defender Ferdinand, have joined. Ferdinand is a former Premier League superstar who has represented the English men\'s football team 81 times,

AFSL Group Pty Ltd\'s Australian Financial Services License Revoked

The Australian Securities and Investments Commission (ASIC) has revoked AFSL Group Pty Ltd\'s Australian Financial Services (AFS) license, effective December 2, 2022. The Australian Securities and Investments Commission (ASIC) has revoked AFSL Group Pty L

Latest! New Zealand FMA Releases Relevant Documents on Financial Institution License Requirements

The New Zealand Financial Market Authority (FMA) is continuing to prepare for the Financial Markets (Institutional Conduct) Amendment (CoFi) (2022) and has released a set of materials targeting banks, insurance companies, and non bank deposit taking insti

Explore the potential of the investment industry! Saudi financial regulatory authorities approve new regulations on market maker regulation

The Saudi Arabian Capital Market Authority (CMA) announced on Monday that it has approved new regulations and procedures for market making proposed by the local Saudi Arabian Stock Exchange, aiming to fully tap the potential of the country\'s investment i

BaFin Investigates Unauthorized Platform StackFX Markets

BaFin, the German Federal Financial Supervisory Authority, recently announced an investigation into StackFX Markets Ltd, Seychelles (hereinafter referred to as "StackFXMarkets") for providing unauthorized banking and financial services in German

FINMA rejected FTXs application for a trading licence

The Australian Securities and Investments Commission (ASIC) has also suspended FTX Australia\\\'s Australian Financial Services (AFS) licence until 15 May 2023. Under this licence, FTX Australia has the right to provide trading, market making and general

A Singapore study showed that 64% of people who received a scam message did not report it to the police

The study was conducted in September this year and involved 500 Singaporeans and permanent residents aged 18 and above. After receiving scam messages, 71 percent said they dealt with the messages simply by deleting them, while 52 percent said they simply

Investors should understand the anti-telecom network fraud law! Effective today

The booming development of the Internet and the impact of the COVID-19 epidemic in recent years have made online fraud emerge one after another. Criminals use new telecommunications network technology means to carry out precision fraud through illegal acc

Total derivatives volume down 23% quarter-on-quarter! Jx releases November 2022 trading data

The Japan Exchange Group (JPX) today released the company\'s December 2022 trading overview, with data showing a significant month-on-month decline in its total derivatives trading volume. ● In November 2022, the average daily trading volume of JSE\'s mai

Credit Suisse: Only a few clients closed their accounts and lost 1% of client assets

"The Swiss banking sector has stabilised with a 1% loss of client assets," notes Andre Helfenstein. Credit Suisse has drawn up a series of plans to get back on track. Helfenstein stressed that the bank was not considering separating its Swiss op

The FCA intervened in 4,151 bad financial promotions between July and September

The Financial Conduct Authority (FCA) intervened in 4,151 financial promotions between July and September, the highest number since it began publishing data. Retail lending, investment and banking are the industries with the highest proportion of promotio

CySEC requires CIF to disclose relevant information on services provided in third countries

The Cyprus Securities and Exchange Commission (CySEC) today issued a notice to Cyprus Investment Companies (CIFs) regarding the provision of investment and ancillary services and/or investment activities in third countries. According to CySEC, CIF wishing