Latest Market News

Jul 06
Central Bank of Ireland Issues Warning on Unauthorised Firm – Scam entity clones authorised The World Markets Umbrella Fund plc

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name World Market Funds (Ireland), formerly operating the website https://wmfunds.co.uk/, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate authorisations. In this instance the […]

Jul 06
Crypto tax deters 83% Indian investors from crypto trading: WazirX report

With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market. 1648 Total views 24 Total shares The implications of what anti-crypto regulations can do to a thriving economy can be seen first-hand unfolding in India. Supporting the massive decline […]

Jul 06
Electricite de France shares jump after French prime minister says country will nationalize it

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch

Jul 06
H&R GmbH & Co. KGaA: BaFin imposes administrative fine

On 14 June 2022, BaFin imposed an administrative fine amounting to 115,000 euros on H&R GmbH & Co. KGaA. The sanction related to a breach of section 130 (1) of the German Act on Breaches of Administrative Regulations (Ordnungswidrigkeitengesetz – OWiG) in conjunction with section 115 (1) sentence 2 of the German Securities Trading Act […]

Jul 06
Consultation on the Communication on the classification of crypto-assets as securities, investment instruments or financial instruments

Crypto-assets are currently the subject of much interest. It is thus not surprising that the FSMA regularly receives questions about the classification of such assets. The FSMA has therefore drawn up a Communication on the classification of crypto-assets as securities, investment instruments or financial instruments. With this Communication, the FSMA wishes to provide clarity, while […]

Jul 06
New dashboard covering investment fraud and unlawful offers of financial products and services

One of the tasks entrusted to the Financial Services and Markets Authority (FSMA) is to combat unlawful activities in the area of financial investments. Henceforth, it will be publishing a half-yearly dashboard with statistics as well as an overview of the main trends regarding investment fraud. The first edition of this dashboard focuses on the […]