News Centre

stellarfx.io: BaFin Investigates Eudaimon Consulting LLC

Date 06/10/2022

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) would like to make clear that Eudaimon Consulting LLC does not have authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin. The information provided on the company’s website, stellarfx.io, gives reasonable grounds to suspect that Eudaimon Consulting LLC is conducting banking business and providing financial services in Germany without the required authorisation.

Lucinity Bolsters North American Team With Head Of Sales Appointment - Industry Veteran Aaron Stroud Joins The Global Company To Support The Demand For Innovative AML Solutions

Date 06/10/2022

Lucinity, an anti-money laundering (AML) and compliance software company, has appointed Aaron Stroud as the Head of its North American team. 

ACER Consults On Its Framework Guidelines On Scenarios For Network Development Planning

Date 06/10/2022

The EU Agency for the Cooperation of Energy Regulators (ACER) launches today a public consultation inviting stakeholders to submit their views on the new framework guidelines on scenarios for network development planning (Scenarios Guidelines).

IIlion Holding GmbH: BaFin Imposes Administrative Fine

Date 06/10/2022

On 21 September 2022, BaFin imposed administrative fines totalling 50,000 euros on Ilion Holding GmbH.

Hoteles BESTPRICE Lists On Euronext Access Paris

Date 06/10/2022

• Market capitalisation of €20.4 million on the day of listing

• 61st listing on Euronext in 2022

Join The ACER - CEER Webinar On The Energy Retail And Consumer Protection Market Monitoring Report (12 October 2022)

Date 06/10/2022

The EU Agency for the Cooperation of Energy Regulators (ACER) and the Council of European Energy Regulators (CEER) are hosting a webinar to present the main findings and recommendations of the Energy Retail and Consumer Protection Volume of the Market Monitoring Report (MMR).

UK Financial Conduct Authority Fines Sigma Broking Limited £530,000 And Bans And Fines Its Former Directors Following Market Abuse Reporting Failures

Date 06/10/2022

Sigma Broking Limited (Sigma) has been fined £531,000 for failing to make reports crucial in fighting potential market abuse and three directors have been fined amounts totalling over £200,000, two of whom have also been prohibited.

Hong Kong Securities And Futures Commission: Court Orders Sound Global To Purchase Shares From Investors

Date 06/10/2022

The Securities and Futures Commission (SFC) has obtained an order in the Court of First Instance against the chairman and executive director of Sound Global Ltd. (Sound Global), Mr Wen Yibo, to purchase shares held by the other shareholders of the company at a price to be determined by the Court – after he was found to have orchestrated a scheme to falsify the company’s bank balances and fabricated relevant bank statements and balance confirmations.

Dubai Clear Becomes First Regional Onshore Clearing House To Be Recognized By The European Securities And Markets Authority (ESMA)

Date 06/10/2022

• ESMA endorsement further expands access to international capital markets, enabling Dubai Clear to attract clearing members from the European Union
• Recognition demonstrates Dubai Clear’s full compliance with Europe’s robust regulatory framework, alongside the very highest international standards

Catalonia-Based Companies Listed On BME Growth Have Tripled Their Market Capitalisation Since 2018

Date 06/10/2022

• Catalonia-based companies listed on the SME Growth market have a market value of 871 million euros.
• So far this year, these companies have raised 73.7 million euros in seven capital increases.
• Three of the eleven companies that have joined this BME market in 2022 are based in Catalonia