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  • UK’s Financial Conduct Authority: Manraj Virdee Sentenced To 2 Years For Illegally Operating An Investment Scheme And Fraud

    Date 05/02/2019

    In a case brought by the Financial Conduct Authority (FCA), Manraj Virdee was yesterday sentenced at Southwark Crown Court to a 2 year prison sentence suspended for 2 years and he was further ordered to carry out 300 hours of unpaid work in the community. The sentence followed earlier guilty pleas to 4 charges relating to misleading consumers, fraud and the illegal operation of an unauthorised investment scheme worth over half a million pounds.

  • Personnel Matter: Simone Reinhold Leaves Deutsche Börse AG

    Date 05/02/2019

    Simone Reinhold (53), until now Managing Director of Group Marketing, leaves the company after 25 years, in cordial agreement with the company.

  • UAE's Securities And Commodities Authority's Governance Week Kicks Off Under Patronage Of H.E. Sultan Al Mansoori

    Date 05/02/2019

    “Governance is aimed at protecting shareholders while taking into account corporate interest by promoting transparency and fairness and making corporate boards accountable to shareholders", Dr. Obaid Al Zaabi

  • UK Financial Conduct Authority Fines Former Fund Manager Paul Stephany

    Date 05/02/2019

    The Financial Conduct Authority (FCA) has fined Paul Stephany, a former fund manager at Newton Investment Management Limited, £32,200 for his conduct in relation to an Initial Public Offering (IPO) and a placing.

  • EEX New Participants In January 2019

    Date 05/02/2019

    In January 2019, EEX admitted Morgan StanleyEurope SE (Frankfurt/Main) as a new trading participant on the power derivatives market and the spot and derivatives market for emission allowances. Roma Gas & Power S.p.A (Rome) and Duferco Energie S.p.A (Genoa) were also admitted to the emissions spot and derivatives market. MITSUI Bussan Commodities Ltd. (London) has additionally been admitted to trading in power futures and options at EEX. Marex Spectron International Limited (London) was additionally admitted to trading in freight futures and options.