The UK’s Financial Conduct Authority (FCA) has issued warnings against Fun Managers and ProCapitalMarkets brokers. The regulator said the brokers have been providing financial services and products targeting people in the UK without being licensed. The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK...

Spain’s financial markets and services regulator CNMV has issued warnings against two forex brokers Weltrade and TCO TRADE. According to the public warning notices, these entities are not authorized to provide investment services or investment advice and auxiliary services, including foreign currency transactions in Spain. The National Securities Market Commission (often abbreviated as CNMV) is...

Italy’s financial markets and services provider regulator CONSOB has updated its warning list with the brokers who are not licensed to operate in Italy. RoyalFunds and LV Grow Markets happened to get into the list. These firms have been offering investment services and activities to the Italian public without being authorized in the country. Commissione...

Spain’s financial markets and services regulator CNMV has issued warnings against two forex brokers ProuFX and BDV Invest FX. According to the public warning notices, these entities are not authorized to provide investment services or investment advice and auxiliary services, including foreign currency transactions in Spain. The National Securities Market Commission (often abbreviated as CNMV)...

Italy’s financial markets and services provider regulator CONSOB (Commissione Nazionale per le Società e la Borsa) has updated its list of forex brokers who are not licensed to operate in Italy. Swissfingroup and Dubai FXM are happened to get into the list. These firms have been offering investment services and activities to the Italian public...

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 comply with the European MiFID financial harmonization law. A significant number of overseas retail forex brokers have obtained registration from CySEC. You can read our detailed article about...

The Cyprus Securities and Exchange Commission has announced that the authorisation of the Cyprus Investment Firm Daweda Exchange Limited, number 289/16, is suspended in whole. This decision was made due to the suspicions of an alleged violation of the company’s possible non-compliance at all times with the authorisation condition regarding the appropriateness of its shareholders....

Italy’s financial markets and services provider regulator CONSOB has updated its warning list with the brokers who are not licensed to operate in Italy. WeltTrades and Capital Allianze happened to get into the list. These firms have been offering investment services and activities to the Italian public without being authorized in the country. Commissione Nazionale...

The UK’s Financial Conduct Authority (FCA) has issued warnings against RIMarkets and CFreserve brokers. The regulator said the brokers have been providing financial services and products targeting people in the UK without being licensed. The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government,...

ASIC has announced the cancellation of the Australian financial services (AFS) licence of Sydney-based financial services provider KP International Group Australia Pty Ltd, effective 22 November 2019. Previously, the regulator has suspended the AFS licence until 23 September 2020. After the suspension commenced, KP International Group Australia Pty Ltd advised ASIC that all relevant officers...