Category: Regulations
regulations
The Financial and Consumer Services Commission (FCNB) has become aware that Omega Options or “Omega Optionss,” which claims to provide online cryptocurrency trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. Omega Options appears to be operating out of the United States. New […]
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 Audiovalley, ISIN BE0974334667, on Euronext Brussels is suspended on the request of the company from 20/05/2022 at 16:50 CET until the publication of a press release. Source: […]
Speech by Charles Randell, Chair of the FCA and PSR, at the Centre for Commercial Law Studies, Queen Mary University of London. Speaker: Charles Randell, ChairEvent: Centre for Commercial Law Studies, Queen Mary University of LondonDelivered: 20 May 2022Note: this is the speech as drafted and may differ from the delivered version Highlights: The consumer’s […]
The Financial and Consumer Services Commission (FCNB) has become aware that BlueHike ProFx, which claims to provide online cryptocurrency, forex and other trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. BlueHike ProFx appears to be operating from England and Wales. New Brunswickers […]
Washington, D.C. — The Commodity Futures Trading Commission announced today that it has filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois, charging Sam Ikkurty a/k/a Sreenivas I Rao (Ikkurty) of Portland, Oregon, Ravishankar Avadhanam of Aurora, Illinois, and Jafia LLC, a company Ikkurty owns in Florida, with […]
The FCA published an alert in relation to Obatan LLC on 22 April 2022. That alert was removed on 16 May 2022. Obatan LLC is not authorised by the FCA. The FCA does not, on the information presently available to it, believe that Obatan LLC is carrying out activities in the UK for which it […]
The Financial and Consumer Services Commission (FCNB) has become aware that Han Global Investing Limited (web: HanTrade.Ltd), which claims to provide online cryptocurrency trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. New Brunswickers are urged to exercise caution when investing with Han […]
Home News FCA strengthens consumer protection by speeding up removal of firms that do not use their regulatory permission Businesses required to prove they are carrying out the regulated activities they are permitted to or face losing this permission Failure to take action following two warnings will lead to cancellation of regulatory permission 28 days […]
The Financial and Consumer Services Commission (FCNB) has become aware that Get Prime Crypto, which claims to provide online cryptocurrency trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. New Brunswickers are urged to exercise caution when investing with Get Prime Crypto Get […]
Topics Expertise from the subject matter experts at New Brunswick’s Financial and Consumer Services Commission. Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry […]