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Moscow Exchange (MOEX) plans to admit shares of 240 international companies including VMware, Levi Strauss & Co, Hyatt Hotels Corporation, iRobot Corporation to trading on 1 March 2022. This will bring the number of shares and depository receipts of international issuers available for trading on Moscow Exchange to 919. In 2022, the number of international…

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Sweden’s financial markets regulator FI today announced the imposition of an administrative fine of SEK 14 million on payments company ClearOn. Finansinspektionen has investigated ClearOn’s compliance with the Money Laundering and Terrorist Financing Prevention Act (2017:630)with regard to the rules on risk assessment, risk assessment of customers, procedures and guidelines for customer due diligence, and…

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Digital personal finance company SoFi Technologies, Inc. (NASDAQ:SOFI) today announced that it has entered into a definitive merger agreement to acquire Technisys, a leading cloud-native, digital multi-product core banking platform. Technisys’ shareholders will receive aggregate consideration of approximately 84 million shares of SoFi common stock, less than 10% of SoFi’s fully diluted share count as…

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Well it looks like the sale of Playtech isn’t dead quite yet. After its shareholders rejected the sale of the company to Australia’s Aristocrat Leisure Ltd (ASX:ALL) for 680p per share (or £2.1 billion) at the beginning of this month, Playtech has announced that its CEO, Mor Weizer, is joining a potential bid for the…

Read More “Mor Weizer joins TTB Partners’ bid for Playtech” »

UK direct-to-investor investment and online trading firm Hargreaves Lansdown PLC (LON:HL) confirms that Andrea Blance, Non-Executive Director of Hargreaves Lansdown, has been appointed to the Board of Aviva plc as an Independent Non-Executive Director. Her appointment is effective from today, 21 February 2022. Andrea Blance

Sweden’s financial markets regulator FI has completed its investigation into AML compliance of Ria Payment Institution. FI continuously conducts investigations to ensure that the money laundering regulations are complied with. The probe has been limited to how the company complies with the money laundering regulations’ requirements for general risk assessment, suitability testing and training. FI…

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The European Commission today launched a targeted consultation to gather views on how to improve retail investing in the European Union. The Commission explains that whereas Europe has one of the highest individual savings rates in the world, the level of retail investor participation in capital markets remains very low compared to other economies. That…

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FNG Exclusive… FNG has learned that Equiti Capital UK Limited, the London-based, FCA regulated institutional/B2B arm of global FX and CFDs brokerage Equiti Group, is making some changes to its senior management and board structure. Joining the Equiti Capital UK board is Paul Webb, who joined the company as COO last summer from rival firm…

Read More “Exclusive: Gurpreet Dehal to replace David Meek as Equiti Capital Chairman” »

Australian Forex and CFD broker FP Markets has expanded its offering of trading instruments by adding new Soft Commodities products to the FP Markets MT4 & MT5 Platforms. The broker has added the following products to its wide-ranging product offering: Corn (Corn / USD) Wheat (Wheat / USD) Soybeans (Soybeans /USD) Cocoa (Cocoa /USD) Soft…

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North American Derivatives Exchange, Inc. (Nadex), which will soon have a new owner, has published a disciplinary notice as to Nicole Hedrick. Nadex Compliance sent Nicole Hedrick an email requesting information regarding her deposit patterns, sources of funding, and prior trading experience. The email also requested that she provide complete banking statements for all accounts…

Read More “Nadex bans trader for violation of Membership Agreement” »