FCA News

Initial Coin Offerings

Consumer warning about the risks of Initial Coin Offerings (‘ICOs’) What are ICOs? The term ICO refers to a digital way of raising funds from the public using a virtual currency, also known as cryptocurrency. An ICO can also be known as ‘token sale’ or ‘coin sale’. ICO issuers accept a cryptocurrency, like Bitcoin or […]

AMF News

L’Autorité des marchés financiers met en garde le public contre les activités de la société Naftoil et de son dirigeant Monsieur Raphaël Comté qui proposent des services d’investissement sans autorisation

A la suite de plusieurs signalements d’épargnants mettant en cause la société Naftoil, l’AMF souhaite mettre en garde le public à l’encontre de cette société et de son dirigeant Monsieur Raphaël Comté. La société Naftoil n’est pas autorisée par l’AMF à fournir des services d’investissement. D’une manière générale, l’AMF invite les épargnants à appliquer des […]

SEC News

Commission Statement on T+2 Implementation

Washington D.C., Sept. 11, 2017— Last week, on September 5, 2017, the securities industry successfully implemented a shortened settlement cycle for most securities transactions, pursuant to amendments to Rule 15c6-1 that the Commission adopted earlier this year.  The move to a two business day standard settlement cycle – or T+2 – was the product of […]

SEC News

SEC, MSRB, FINRA to Hold Compliance Outreach Program for Municipal Advisors

Washington D.C., Sept. 11, 2017— The Securities and Exchange Commission, Municipal Securities Rulemaking Board (MSRB), and Financial Industry Regulatory Authority (FINRA) today announced the opening of registration for the Compliance Outreach Program for Municipal Advisors.  There is no cost to attend the program, which provides an open forum for municipal advisory industry professionals to discuss […]

FCA News

Genworth Consultant Group

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us. However, some firms act without our authorisation and some knowingly run investment scams.  This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we […]

ESMA News

MiFID II: ESMA publishes transitional transparency calculations for bonds and updates calculations for two other asset classes

MiFID II’s implementing measures on transparency for non-equity instruments require national competent authorities (NCAs) to publish information on the liquidity classification of financial instruments and the sizes large in scale (LIS) compared to normal market size and the size specific to the instrument (SSTI) six months prior to the date of application of MiFIR. EEA […]