SEC News

SEC Charges Lawyer and Her Husband in EB-5 Fraud

Washington D.C., Oct. 18, 2018 — The Securities and Exchange Commission today charged a California-based immigration attorney and her husband in a fraudulent scheme that generated millions of dollars of undisclosed compensation from foreign investors seeking permanent U.S. residency through the EB-5 Immigrant Investor Program.   The SEC’s complaint alleges that Jean Danhong Chen, Tony Jianyun […]

SEC News

SEC Launches New Strategic Hub for Innovation and Financial Technology

Washington D.C., Oct. 18, 2018 — The U.S. Securities and Exchange Commission today announced the launch of the agency’s Strategic Hub for Innovation and Financial Technology (FinHub). The FinHub will serve as a resource for public engagement on the SEC’s FinTech-related issues and initiatives, such as distributed ledger technology (including digital assets), automated investment advice, digital marketplace financing, […]

FCA News

Scrilliy (clone)

Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm. This is what we call a ‘clone firm’; and fraudsters usually […]

FCA News

Regulation round-up October 2018

October 2018 Quick Links Introduction: Christopher Woolard, Executive Director of Strategy and Competition Our Pensions Strategy sets out new joint actions with The Pensions Regulator (TPR) to tackle the risk of people having inadequate retirement incomes. It also addresses our approach to recent fundamental changes in the sector such as the pensions freedoms and auto-enrolment. We […]

AMF News

L’AMF publie la synthèse de cinq contrôles menés sur la connaissance et l’expérience des clients en matière d’investissement

En début d’année, l’Autorité des marchés financiers a mené une série de cinq contrôles thématiques. Forte de ses observations, elle fait un état des lieux des pratiques et rappelle les règles applicables. Dans le cadre de sa nouvelle stratégie Supervision#2022, l’Autorité des marchés financiers mène de nouveaux types de contrôles, baptisés SPOT pour Supervision des […]

AMF News

Services d’aide à la décision d’investissement et d’exécution d’ordres

La présente instruction précise le périmètre des services d’aide à la décision d’investissement et d’exécution d’ordres et liste les services qui ne sont pas considérés comme de tels services (par exemple, les services d’évaluation des portefeuilles, les services de conservation ou d’administration d’instruments financiers, l’inscription à des séminaires…). Ce document n’a pas été actualisé au […]