Regulatory
Citadel Securities Fined $700K for Alleged Breach of FINRA Rules
FINRA accused the company of trading ahead of certain inactive OTC customer orders. The Financial Industry Regulatory Authority (FINRA) recently announced that it has fined ...
Regulatory
NSE Sanctions Five Firms for Market Infractions
Nigerian Stock Exchange (NSE) has sanctioned Standard Alliance Insurance Plc, Prestige Assurance Plc, Goldlink Insurance Plc, African Alliance Insurance Plc and International Energy ...
Regulatory
FCA confirms post-Brexit cooperation deals with EU regulators
The UK’s Financial Conduct Authority (FCA) has confirmed a series of agreements signed with European regulators. In 2019, the watchdog signed a memoranda ...
Regulatory
Latvian regulator fines Signet Bank €906k for AML issues
Latvia-based bank Signet Bank has been fined €906,610 by the country’s financial regulator for anti-money laundering (AML) breaches. The Financial and Capital Market ...
Regulatory
Consumer Protection Act, 2019 comes into force in India
Act includes establishment of the Central Consumer Protection Authority and rules for prevention of unfair trade practice by e-commerce platforms Act provides for ...
Regulatory
China takes over nine financial institutions for one year
China’s financial authorities announced the takeover of nine financial institutions for one year from Friday, citing rule violations. Four are insurers – Tian ...
Regulatory
Securities Commission Malaysia Adds Binance to Investor Alert List of Unauthorised Entities
Securities Commission Malaysia (SC) has added the popular crypto exchange platform Binance to it’s investor alert list which warns the general public about ...
Regulatory
The Nigerian Supreme Council for Islamic Affairs (NSCIA) has commended the Central Bank of Nigeria (CBN) for its introduction of non-interest credit facilities.
The Nigerian Supreme Council for Islamic Affairs (NSCIA) has commended the Central Bank of Nigeria (CBN) for its introduction of non-interest credit facilities. A statement ...
Regulatory
Amazon fined for dealing with Zimbabwe and other sanctioned countries
The US Department of Treasury recently issued a statement to the effect that the Office of Foreign Assets Control had reached a settlement with Amazon. ...
Regulatory
Malaysia’s Securities regulator slaps Microlink with UMA query
Microlink Solutions Bhd, whose share price rose to a four-year high, has received an unusual market activity (UMA) query by Bursa Malaysia Securities. ...
