Day: June 23, 2022

Jun 23
FDA denies marketing authorization to Juul products and orders all existing ones to be removed from U.S. market

The U.S. Food and Drug Administration said Thursday it has issued marketing denial orders to Juul Labs Inc. for all of its products that are currently marketed in the U.S., and ordered the company to remove all or risk enforcement action. The products in question comprise the Juul device and four types of pods; Virginia […]

Jun 23
Press release on the suspension of trading in Aedifica

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Aedifica, ISIN BE0003851681, on Euronext Brussels is suspended on the request of the company from 23/06/2022 at 14:45 CET until the publication of a press release. Source: FSMA

Jun 23
Annual report 2021

The Financial Services and Markets Authority (FSMA) has today published its annual report for 2021. On this occasion, the FSMA held a webinar presenting its supervision of compliance with the rules intended to protect investors and introducing an innovative tool based on data analysis. The core mission of the FSMA is to contribute to an […]

Jun 23
Changes to FCA Firm Reference Numbers (FRNs) and Product Reference Numbers (PRNs)

We currently use six-digit Firm reference Numbers (FRNs) to uniquely identify firms, and six-digit Product Reference Numbers (PRNs) to uniquely identify funds. We’re likely to reach the six-digit limit (999999) during 2023, given the volume of applications and notifications we receive. We’re planning a move to seven-digit FRNs and PRNs for all newly registered firms […]

Jun 23
FCA tackling scams faster as part of data strategy

The Financial Conduct Authority (FCA) is using data to tackle online fraud faster by scanning approximately 100,000 websites created every day to identify those that appear to be scams. Where the FCA identifies fraudulent websites, it is proactive in requesting the website host shut them down, though it does not have the powers to force […]

Jun 23
FCA fines Ghana International Bank Plc £5.8m for failings in its anti-money laundering controls

Home News FCA fines Ghana International Bank Plc £5.8m for failings in its anti-money laundering controls The FCA has fined Ghana International Bank Plc (GIB) £5,829,900 for poor anti-money laundering and counter-terrorist financing controls over its correspondent banking activities. GIB provided correspondent banking services to overseas banks. This allowed them to provide products and services […]

Jun 23
GBP is worrying about state employee. Overview for 23.06.2022

GBPUSD is falling – railway workers and teachers are on strike. The Pound sterling is back to falling against the USD. The current quote for the instrument is 1.2203. The statistics published yesterday showed that the Consumer Price Index in the United Kingdom was 9.1% y/y in May, the same as expected, after being 9.0% […]

Jun 23
Forex Technical Analysis & Forecast 23.06.2022

EURUSD, “Euro vs US Dollar” After forming a new consolidation range around 1.0520 and then expanding it up to 1.0600, EURUSD is expected to form one more ascending structure towards 1.0619. Later, the market may trade downwards to break 1.0500 and then continue falling with the target at 1.0390. GBPUSD, “Great Britain Pound vs US […]

Jun 23
Increased natural gas production in Norway to compensate Europe for Russian supplies Oil is down about 3%.

Norway has boosted its production of natural gas at the expense of crude oil, in an effort to secure alternative supplies to compensate European countries for Russian gas, which meets nearly half of the old continent’s needs. Europe is the largest consumer of Russian gas, which flows to its countries through a network of pipelines […]

Jun 23
Bybit enters into settlement agreement with Ontario Securities Commission

Bybit is currently holding listing discussions with the provincial regulator, and if the process fails, the firm will cease operations in Ontario. 968 Total views 22 Total shares Bybit announced that it reached a settlement agreement with the Ontario Securities Commission (OSC) on Thursday, a day after the OSC released a Statement of Allegations against […]