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The bombed Mariupol from above

Mariupol

The situation in Mariupol since the relentless bombing of recent weeks is dramatic. The city is almost flattened, with more than 2,500 dead, according to Zelensky’s adviser Oleksy Arestovich in a televised interview today. At the same time, there are allegations that Russian forces are blocking humanitarian aid from reaching ...

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Market Moving News

Market News

Access the latest market news and financial headlines that move the markets today. Stay updated with the market moving news for stocks, commodities, forex and cryptocurrencies.

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Treasury Takes Robust Actions to Counter Ransomware

U.S. Department of the Treasury Ransomware

As part of the whole-of-government effort to counter ransomware, the U.S. Department of the Treasury today announced a set of actions focused on disrupting criminal networks and virtual currency exchanges responsible for laundering ransoms

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FCA proposes stronger protection for consumers in financial markets

Sheldon Mills, Executive Director of Consumers and Competition at the FCA

The FCA has today set out plans for a new Consumer Duty, which will set a higher level of consumer protection in retail financial markets for firms to adhere to.

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MAS Launches Global FinTech Hackcelerator for a Greener Financial Sector

MAS digital banks risk management Hackcelerator

MAS announced the launch of the 6th edition of the Global FinTech Hackcelerator, with the theme “Harnessing Technology to Power Green Finance”. The competition, supported by Oliver Wyman, seeks to unlock the potential of FinTech in accelerating the development of green finance in Singapore

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ASIC commences civil proceedings against Westpac for insider trading

Banking Code ASIC binary options

ASIC has today commenced proceedings in the Federal Court against Westpac Banking Corporation (Westpac) for insider trading, unconscionable conduct and breaches of its Australian financial services licensee obligations

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FCA stops FXVC offering CFDs to UK customers

FCA derivative cryptoasset

The FCA has acted to stop a Cypriot based firm, Finteractive Limited (trading as FXVC), from offering high risk contracts for difference (CFDs) to UK investors.

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CFTC Orders New York Man to Pay More than $1 Million for Role in Fraudulent Binary Options Scheme

binary options fraud

CFTC issued an order filing and settling charges against Glenn Olson for his role in a binary options fraud that harmed U.S. customers involving Blue Bit Banc and Blue Bit Analytics, Ltd, located in Turks and Caicos

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ASIC bans the sale of binary options to retail clients

Banking Code ASIC binary options

ASIC has made a product intervention order banning the issue and distribution of binary options to retail clients.

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ASIC’s CFD product intervention order takes effect

CFD's

ASIC’s product intervention order imposing conditions on the issue and distribution of contracts for difference (CFDs) to retail clients takes effect from today.

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