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  • UK Financial Conduct Authority: Temporary Registration Regime Extended For Cryptoasset Businesses

    Date 03/06/2021

    The extended end date will allow cryptoasset firms to continue trading while the FCA continues with its assessments.

  • Hong Kong Securities And Futures Commission: Court Orders Boiler Room Fraudsters To Compensate Investors

    Date 03/06/2021

    The Court of First Instance has granted orders sought by the Securities and Futures Commission (SFC) against boiler room fraudsters to compensate 75 investors who fell victim to the scams following legal proceedings under section 213 of the Securities and Futures Ordinance (SFO) (Notes 1 & 2).

  • Shenzhen Stock Exchange Decides To Delist *ST Steyr According To Laws

    Date 03/06/2021

    On June 2, in compliance with the arrangements for the transitional period prescribed by the new delisting rules, and according to the Implementation Measures on Mandatory Delisting of Listed Companies due to Major Violations of Law, Articles 14.4.1 and 14.4.2 of the Rules Governing Share Listing (Revised in November 2018) and the review opinions of the SZSE Listing Committee, SZSE decided to delist Steyr Motors Co., Ltd. (“*ST Steyr” or the “Company”) for major violations of law. It is a concrete measure of SZSE to implement according to laws the important decisions and plans of the CPC Central Committee and the State Council on fighting securities crimes, improve the market- and law-based regular delisting mechanism, strictly perform duties as the principal that carries out delisting, and crack down on malicious circumvention of delisting rules and laws.

  • Altcoins To Drive The Next Surge Post Crypto Market Crash, Says GlobalData

    Date 03/06/2021

    All cryptocurrencies other than Bitcoins are known as altcoins. With the crypto market crashing recently and the prices of Bitcoins witnessing a heavy turbulence, investors are changing their assets from Bitcoins to altcoins as they are comparatively inexpensive, offer a significant growth potential and are paving the way for the next crypto revolution, says GlobalData, a leading data and analytics company.

  • Monetary Authority Of Singapore Issues Prohibition Orders Against Mr Younis Adnan Mohammed For Fraud And Dishonest Conduct

    Date 03/06/2021

    The Monetary Authority of Singapore has issued five-year prohibition orders (POs) against Mr Younis Adnan Mohammed, following his convictions in the State Courts for offences involving fraud or dishonesty, namely forgery and providing false information to a public servant.

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