The Financial Conduct Authority (FCA) has published a Decision Notice to ban Darren Lee Newton, the owner of debt management business, from working in any regulated activity in the financial services sector. The investigation conducted by the FCA found that in October 2013 Mr. Newton funded the purchase of a debt reduction service First Step...

UK financial regulator Financial Conduct Authority (FCA) has issued its another warning against the unauthorized broker. This time it is against the Revolution Variable Systems (RVS), the firm that is providing financial services to British residents without being authorized. The company operated on the www.marketsystems.co.uk website and British domain is basically the only sign that...

The Ontario Securities Commission (OSC) has issued the warning against another broker MetaInvesting. The OSC induces Canada residents to be more cautious when dealing with companies that don't have a license or not registered to trade in Canada as it may involve high risks.    MetaInvesting is a forex and binary options broker that operates...

The Financial Markets Authority (FMA) has released its fourth statistical report on Authorised Financial Advisers (AFAs) in New Zealand. The requirement of the regulator is year-to-year submission of the annual information return from the financial advisors. The Report is relevant for AFAs and other members of the financial services industry. The Report provides information on...

Сyprus financial regulator (CySec) has introduced a new set of the rules governing brokerage companies should follow when offering on virtual currencies, specifically cryptocurrency CFD trading to clients. The Cyprus Securities and Exchange Commission, known as CySEC (www.cysec.gov.cy), is the financial regulatory agency of Cyprus. As an EU member state, CySEC's financial regulations and operations...

BNP Paribas Asset Management (BNPP AM) announced that its wholly foreign-owned enterprise, BNP Paribas Overseas Investment Fund Management (Shanghai), has been granted a qualified domestic limited partner (QDLP) qualification. The company says it is going to be the first fund manager in the world with QDLP license to offer environmental, social and governance (ESG) investments...

According to the latest warning of the UK's Financial Conduct Authority (FCA), the CFD and forex broker SolidCFD was blacklisted as it is not licensed or authorised by the regulator, although was targeting the UK customers. SolidCFD is the CFD and forex broker owned by LOK marketing Ltd., and its website provides two addresses of...

In the recent regulatory statement, New Zealand’s Financial Markets Authority (FMA) (https://fma.govt.nz/) has reported against Managed Forex Hum Limited and warned the customers to not use the products and services offered by this company. The regulator is concerned about the deceptive statements posted by managed Forex Hub Limited on its website www.managedforexhub.com as the company...

One of the latest warnings of the UK's Financial Conduct Authority was issued against Littinvest broker (https://www.littinvest.com/). This company has been targeting UK customers and offering financial products without authorization. The FCA always cautioned traders and investors against dealing with companies that have no license and are not authorized. Littinvest is unauthorized Forex broker that...

Three largest brokerages such as CMC Markets, LCG and Pepperstone and two more major companies have applied for getting the Dubai Financial Services Authority license. These companies want to acquire an operating license in Dubai. The Dubai Financial Services Authority (DFSA) is the financial regulatory agency of the special economic zone, the Dubai International Financial...