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The Central Bank of Ireland’s deputy governor for financial regulation has firmly rejected proposals to give financial regulators a mandate to promote sector competitiveness. Mary-Elizabeth McMunn warned such a move could repeat policy errors linked to Ireland’s banking crash and undermine financial stability.
CFI Financial Group has opened a representative office in Bogotá, appointing Simon Knudson as country manager for its Colombian unit. The move comes nearly nine months after Colombia's Financial Superintendence granted regulatory approval and follows a broader regional licensing push.
ASIC has issued an open letter calling on licensees and market participants to urgently strengthen cyber resilience as frontier AI increases global cyber risks. The regulator stresses cyber resilience as a core licensing obligation and outlines priority actions for entities.
ASIC has permanently banned Queensland property developer Trent Simon Giumelli from providing financial services after finding he operated unregistered managed investment schemes and carried on a financial services business without a licence. The regulator concluded he demonstrated serious incompetence, irresponsibility and a disregard for the law, raising around $48 million from the public over eight years.
The Central Bank of Ireland’s deputy governor for financial regulation has firmly rejected proposals to give financial regulators a mandate to promote sector competitiveness. Mary-Elizabeth McMunn warned such a move could repeat policy errors linked to Ireland’s banking crash and undermine financial stability.
Goldenway Japan Co., Ltd.
“I’ve used FXTF for a few months. It's solid in terms of regulation and spreads are fair, but the platform feels outdated and withdrawals take longer than expected. Overall okay, but not my top choice.”
mahdi adamzadeh
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