EUROPEAN REGULATOR WARNS SOCIAL MEDIA TRADERS NOT TO ABUSE MARKETS

Non-compliance can result in sanctions, varying by member state, imposed by National Competent Authorities. These can include administrative or criminal penalties for specific infringements. The emphasis is on ensuring that investment advice on social med

FALLING PREY TO LOVE: ROMANCE SCAM VICTIMS RISE BY 22% IN 2023

Women reported higher average losses (£9,083) compared to men (£5,145). Individuals aged 55-64 were most frequently targeted, with a 49% rise in cases from 2022. Those aged 65-74 suffered the highest financial losses, averaging £13,123.

TOOKITAKI ADDS FRAUD PREVENTION TO AML SOLUTION RENAMED FINCENSE

“By merging Fraud and AML prevention into a single, powerful solution, we enable financial institutions to capitalise on the synergy to improve detection rates, reduce operational costs and prevent fraud in real-time.”

ASIC ISSUES GUIDANCE ON PRE-HEDGING FOR BROKERS

“Market intermediaries should always carefully consider their obligations under Australian law and applicable international codes and standards when undertaking pre-hedging.”

ESMA PRAISES EUROPEAN MARKET RESILIENCE AHEAD OF HIGHLY RISKY 2024

“Looking ahead, markets are set to remain very sensitive and risks of market corrections continue to be high, given geopolitical and macro-financial uncertainty.”

UK REGULATOR FINES HSBC £57 MILLION FOR DEPOSIT PROTECTION ISSUES

“The serious failings in this case go to the heart of the PRA’s safety and soundness objective. It is vital that all banks comply fully with our requirements around preparedness for resolution.”

NEW YORK SUES CITI FOR REFUSING TO REIMBURSE VICTIMS OF ONLINE FRAUD

Attorney General James argues that under the Electronic Fund Transfer Act (EFTA), Citi should reimburse victims of online fraud, similar to electronic credit or debit card fraud.

Before the Fed decision, golds positive momentum seemed to be returning

In European trading on Monday (January 29), spot gold prices rose all the way from the Asian morning, once refreshing a three-day high to $2033.77 / ounce, up nearly 0.7%. It is currently trading around $2030 / oz.

EQUILEND HACKED DAYS AFTER ANNOUNCING BEING ACQUIRED BY WCAS

The acquisition is set to close in Q2 2024, subject to regulatory approvals. In addition to the acquisition, WCAS has committed a further $200 million investment to support organic growth initiatives and acquisitions by EquiLend.

ASIC CANCELS AFS LICENSE OF INDIE ADVICE

Their license authorized them to advise on various financial products including basic deposit products, government bonds, life products, interests in managed investment schemes, securities, and superannuation. The company was permitted to provide these se

Anda OANDA enters self operated trading

Last year, Anda OANDA successfully entered the cryptocurrency field by acquiring Coinpass Limited, a UK cryptocurrency trading platform. Now, this multi asset online trading leader has announced the launch of a new trading project - OANDA Labs Trader, wit

FP Markets collaborates with TradedView

FP Markets, a licensed global currency broker in Australia, announced that it has completed integration with the world\'s leading chart platform and trading social network, TradeView. This integration will enable FP Markets clients to leverage the chart s

S&P CAPITAL IQ PRO INTEGRATES NIKKEI’S NEWS: “A ONE-STOP-SHOP FOR APAC INSIGHTS”

“The editorial prominence of Nikkei, combined with the data and tools of the S&P Capital IQ Pro platform, creates a one-stop-shop for APAC insights and analytics, enriching our users’ understanding of the APAC business environment and helping them mak

TRADEWEB INTEGRATING MULTIPLE LIQUIDITY POOLS ACROSS CASH AND FUTURES WITH R8FIN’S ACQUISITION

“We are developing an integrated approach to accessing the U.S. Treasury market through multiple liquidity pools across cash and futures – and r8fin is an important part of that approach.”

TESLA’S RECENT MARKET FLUCTUATIONS: A CLOSER LOOK AT THE NUMBERS AND POTENTIAL FACTORS

Tesla, the enigmatic giant of the automotive and tech industries, is experiencing a period of market turbulence, prompting questions about the underlying causes and the significance of its recent stock decline. Known for its volatility, Tesla’s unique pos