The Australian Securities and Investments Commission (ASIC) has frozen the financial services license of Cartesian Corporate Finance Limited until 25 August 2023 as the company has ceased to carry out financial services business. ASIC stressed that if by the end of the suspension period the company has not resumed operations, its license will be revoked.
The Australian Securities and Investments Commission (ASIC) has canceled the license of Capital Capital Pty Ltd to provide financial services in Australia. The license authorized Capital Capital Pty Ltd to deal in interests in managed investment schemes to wholesale clients. ASIC stressed that it canceled the license because Capital Capital Pty Ltd had failed to comply with...
Swiss forex bank Dukascopy Bank SA has warned of new fraudulent clones of its website, one of which has the web address: https://dukascopy1.com/. Dukascopy notes that the clone web page is not under the control of and does not belong to any of its divisions. The bank advises potential investors not to trust any information found on...
The Cyprus Securities and Exchange Commission (CySEC) has announced that it has revoked the license of Cyprus investment firm F1Markets Limited, number 267/15, as the company expressed its intention to surrender it. F1Markets Limited owns and operates through the following domains: www.f1markets.com; www.24CM.com; www.investous.com and www.europrime.com. The regulator recalls that in August 2022 it fined F1Markets EUR...
The Australian Securities and Investments Commission (ASIC) has announced the cancellation of the financial services license of Strathnaver Capital Pty Ltd. The license was canceled on the basis that Strathnaver Capital Pty Ltd had ceased to carry on financial services business.
Italy’s Companies and Exchange Commission (CONSOB) announced that it has continued to block the access from Italian territory to more unauthorized investment websites. They include: allfinagroup.pro of Bright Group LLC, brokercreditserviceltd.net of BrokerCreditServiceLtd.net, cmstrategy.io of CMS Ltd, olympusbrokers.io of Olympusbrokers Ltd, and unicofx.co of Unico Aust Pty Ltd.
CONSOB has the right to order...
The Belgian Financial Services and Markets Authority (FSMA) has announced that it continues to receive complaints from consumers about fraudulent online trading platforms operating in the Belgian market. They use deceptive advertisements on social media or online video platforms, often offering virtual currency, trading software or a training course. Scammers are aggressive and even try to convince...
The Cyprus Securities and Exchange Commission (CySEC) has announced that a settlement has been reached with Crowd Tech Ltd for possible violations of the Investment Services and Activities and Regulated Markets Law of 2017. Crowd Tech Ltd, formerly known as MPF Global Markets Ltd, owns and operates the trade360.com domain. The settlement reached with Crowd Tech for...
The Commodity Futures Trading Commission (CFTC) issued settlement orders against affiliates of 11 financial institutions for failing to comply with its recordkeeping requirements. These include affiliates of: Bank of America, Barclays, Cantor Fitzgerald, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, Jefferies, Morgan Stanley, Nomura, and UBS.
Italy’s Companies and Exchange Commission (CONSOB) announced that it has continued to block the access from Italian territory to more unauthorized investment websites. They include: finextrader.com of Finex Group Ltd, fivemarkets.io of Uncanny Services LLC, grandtrades.eu of GrandTrade Pvt Ltd, sungerfx.com of Sungerfx Limited, and tedex.co of Vermillion Consulting LLC.
CONSOB has the right...