The UK Financial Conduct Authority (FCA) announces the imposition of a fine of £63,946,800 on HSBC Bank plc for failings in its anti-money laundering (AML) processes. HSBC used automated processes to monitor hundreds of millions of transactions a month to identify possible financial crime. However, the FCA found that three key parts of HSBC’s transaction…
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Afterpay Ltd (ASX:APT), a provider of “Buy Now, Pay Later” services, announces that the scheme of arrangement for its acquisition by Block Inc, formerly known as Square Inc, has become legally effective. Afterpay has lodged with the Australian Securities and Investments Commission (ASIC) the orders made by the Supreme Court of New South Wales approving…
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TD Ameritrade is making enhancements to its thinkorswim trading product suite to offer an even more personal, mobile-friendly experience. Aided by a host of new features and refinements to its user interfaces, these upgrades come as the firm prepares to close out a year where mobile trading for the first time surpassed trading on desktop…
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Electronic trading major IG has launched another poll – this time, it is dedicated to trading indicators. The broker would appreciate it if you could take part in the poll as it is continuously working on adding more indicators to the IG trading platform to make your trading experience better. Traders are invited to vote…
The TradingView Desktop platform marks its birthday – the platform has grown out of the beta phase and now has reached a stable release. TradingView launched TradingView Desktop a year ago, on December 15, 2020. Since then, the app has gone through 15 beta releases, covered Linux in addition to Windows and macOS. The TradingView…
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FNG Exclusive… FNG has learned that longtime Tera Europe Ltd CEO Burak Akbulut has resigned from the company. He had been CEO for the past five years. FCA licensed Tera Europe operates the TeraFX Retail FX and CFDs brand. The company is a subsidiary of Tera Financial Holdings Ltd, and ultimately of Turkish investment firm…
Read More “Exclusive: David George takes over as TeraFX CEO from Burak Akbulut” »
Australia based Retail FX and CFDs broker Pepperstone has announced the launch of The Trade-Off – a weekly digital series focused on helping retail traders navigate an ever-evolving world of financial markets. The last two years have shown that volatility in the market can be triggered especially when restrictions are implemented, countries close their borders,…
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ANZ today announced that Paula Dwyer ceased as a Non-Executive Director at the conclusion of the 2021 Annual General Meeting, after serving more than nine years on the Board. Ms Dwyer joined the Board in 2012 and has served as Chair of the Audit Committee since 2014. ANZ Chairman Paul O’Sullivan said: “Paula is one…
The UK Financial Conduct Authority (FCA) has refused an application by Finablr plc for cancellation of its premium listing with reference to LR 5.2.7R. This rule allows for cancellation without a shareholder vote if certain conditions are met. Premium-listed issuers ordinarily require shareholder approval (according to LR 5.2.5R) to cancel the listing of its equity…
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About two weeks after the Department of Justice (DOJ) requested that the Court stays the civil case brought the Securities and Exchange Commission (SEC) against online crypto lending platform BitConnect, its founder Satish Kumbhani, and its top U.S. promoter and his affiliated company, the Court has granted the DOJ’s motion. On December 15, 2021, Judge…
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