Latest Market News

Feb 22
Social Generated Province Banking

The Financial Services and Markets Authority (FSMA) warns the public against the fraudulent activities of Social Generated Province Banking, a company that is offering credit illegally to consumers. Social Generated Province Banking is not authorized or registered in Belgium as a lender or credit intermediary. Therefore, Social Generated Province Banking may not offer credit in […]

Feb 22
Union Finances

The Financial Services and Markets Authority (FSMA) warns the public against the fraudulent activities of Union Finances, a company that is offering credit illegally to consumers. Union Finances is not authorized or registered in Belgium as a lender or credit intermediary. Therefore, Union Finances may not offer credit in Belgium. According to the information available […]

Feb 22
New financial sanctions measures in relation to Russia

Following the Prime Minister’s statement to the House of Commons on 22 February 2022, the UK has announced a tranche of sanctions on Russia. The full details of the measures are available on the Foreign, Commonwealth & Development Office website. If you require a licence to permit any activity which would otherwise be prohibited by sanctions […]

Feb 22
Recent statements by Bitpanda GmbH (Bitpanda)

We are aware of recent statements made by Bitpanda announcing the acquisition of Trustology Limited. Trustology is a cryptoasset business which the FCA registered under the Money Laundering Regulations (MLRs) in October 2021. As a result of the transaction, Bitpanda has become the new beneficial owner of Trustology for the purposes of the MLRs. The […]

Feb 22
Strathkelvin Credit Union enters administration

Strathkelvin Credit Union Limited was placed into administration on 22 February 2022 and has now stopped trading. Dina Devalia, Simon James Bonney and Ian William Wright of Quantuma Advisory Limited have been appointed as joint administrators. Strathkelvin Credit Union is a financial co-operative owned by its members. It is regulated by the Prudential Regulation Authority […]

Feb 22
Fibonacci Retracements Analysis 22.02.2022 (EURUSD, USDJPY)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, divergence on MACD made the asset complete the rising impulse and resume its local correction. The most probable scenario implies that the pair may finish the correction soon above the low at 1.1120 and then continue growing to break the next high […]