We're providing guidance to support firms to tackle bullying, harassment and violence in financial services, after they asked for additional support. In July, we changed our rules – setting clearer standards for how financial services firms should address non-financial misconduct.This more closely aligned the rules for banks and non-banks. We wanted to give firms the confidence to act against serious misconduct, drive consistency and make it clearer when non-financial misconduct is a breach of our rules.When we changed our rules, we asked firms if they wanted additional guidance to help them take action – and said we would only publish this if they did. 95% of those who responded to our consultation agreed, so we are now providing this final guidance. The guidance covers how firms can apply our rules on minimum standards of behaviour for financial services employees, and the factors they should take into account when assessing whether someone is fit and proper for their role. We have made some small changes to address the main areas of feedback:New examples and flow charts to support the application of the new rule.Clearer alignment with employment law.Clarification that managers' accountability is relative to their knowledge and authority.Clarification that firms are not expected to investigate trivial or implausible allegations or breach privacy law.Some firms asked us to go further, with more detailed examples. We can't provide guidance for every situation - firms will always need to exercise their judgement. The primary responsibility for preventing and dealing with non-financial misconduct lies with firms. But our new rules, supported by this guidance, will help drive higher and clearer standards across industry from 1 September 2026.

Ant International, HSBC, and Swift have completed a Proof of Concept (POC) demonstrating the cross-border transfer of tokenised deposits using ISO 20022 standards. The initiative connects Swift’s global messaging network with HSBC’s Tokenised Deposit Service and Ant International’s blockchain infrastructure. The POC represents a step forward in testing how tokenisation can support liquidity management, programmable finance, and round-the-clock settlement. As part of the trial, Ant International and HSBC linked Ant International’s proprietary blockchain system with Swift’s network. This enabled real-time treasury movements between HSBC Singapore and HSBC Hong Kong via the Tokenised Deposit Service. A common protocol was developed jointly with Swift and HSBC. It streamlines connectivity by reducing the need for separate bilateral arrangements between Ant International and individual banks. The integration combines the transparency and programmability of tokenised money with established payments infrastructure. Using Swift’s network adds an additional layer of security and compliance to Ant International’s blockchain-based approach. Supported by ISO 20022, the system extends HSBC’s anti-money laundering processes, fraud controls, and existing infrastructure into its tokenised deposit offering. According to the parties, this may help digital money providers adopt ISO 20022 and the Swift framework more easily, facilitating interoperability between tokenised and traditional fiat money. Shirish Wadivkar, Global Head of Payments and Cash Management at Swift, said: Shirish Wadivkar “We are excited to demonstrate how ISO 20022 data formats, when combined with new technologies like blockchain, bring significant value to the entire community. This integration not only speeds up payment processing but also enhances AML and sanctions screening.” Lewis Sun, Global Head of Domestic Payments and Emerging Payments, HSBC said, Lewis Sun “By enabling tokenised deposits to move securely and efficiently across borders, we are giving our corporate clients more choice in how they manage liquidity globally; with the familiarity of traditional banking and the benefits of next-generation digital infrastructure.” The organisations plan to continue exploring pilots and commercial use cases.     Featured image credit: Edited by Fintech News Singapore, based on image by freepik and fullvector via Freepik The post Ant International, HSBC and Swift Complete POC for Cross-Border Tokenised Deposits appeared first on Fintech Singapore.

 The FSMA is receiving increasing numbers of reports of dubious WhatsApp groups, in which fraudsters share so-called exclusive investment tips or promote fraudulent trading apps. The FSMA published several warnings to this effect, but it has noted that the phenomenon is still on the rise on social media. How does the fraud work?Consumers find advertisements on social media (often Facebook or Instagram) for WhatsApp groups where, it is claimed, exclusive analyses of financial markets and profitable investment tips are shared. These advertisements are often published via pages that fraudulently use the name and logo of well-known banks and news services. These are cases of identity theft.Consumers who click on the advertisement are added to WhatsApp groups. These groups are managed by people who pose as prominent economists or CEOs of investment firms. These are also cases of identity theft.In these WhatsApp groups, consumers are encouraged to participate in lotteries. This is most likely a way to obtain consumers’ personal data. In addition, consumers are urged to purchase specific American listed shares. The aim appears to be to manipulate those share prices. This is also known as a “pump and dump” operation. Lastly, these WhatsApp groups also promote fake applications for trading in cryptocurrencies.The FSMA has noted that the fraudsters managing the WhatsApp groups often pose as authorized (often foreign) financial service providers, in particular:Appollo Global ManagementAxiom InvestorsCandriamHarbor FinancingJP MorganSaxo BankSchwartz School of BusinessStifel Strategie Consulting PartnersWatch out! These are cases of identity theft. The WhatsApp groups have, in fact, no connection whatsoever with authorized institutions.Once the fraudsters have established contact with their (potential) victims via WhatsApp, they direct them to the following websites:candriambel.comharborconsult.comh5.zvjnfdj.comsaxoandroid.topschwbss.comwavesolution.comweb.novaluminous.netThe managers of the WhatsApp groups also try to persuade consumers to download fake applications, such as:CAD INTHarborFinJP INVSNovafms ProSiteflGXSSB ProThe FSMA has added these websites to the list of companies that are operating unlawfully in Belgium. Please note, the list is not exhaustive. In order to determine whether or not a company is authorized to offer financial products and services, please visit our ‘Check your provider’ page. If you have any doubts, feel free to contact the FSMA.I’ve fallen victim. What should I do?Stop making any transactions and break off all contact. Don’t deposit any more money and don’t provide any additional personal or financial information. Break off all contact with the fraudsters. They may try to manipulate you in order to take even more money from you.Contact your bank. Inform your bank immediately if you have made any payments to the fraudsters.Report the fraud to the competent authorities. Contact the FSMA and file a complaint with the police.Document all exchanges of information and transactions. Gather all evidence of your exchanges of information with the platform, including emails, messages, account statements and screen shots of the transactions. These items will, of course, be very valuable when you report the fraud.Beware of ‘recovery rooms’: fraudsters contact victims of a scam in the past and offer to help them, for a fee, to recover their lost money. Often these constitute yet another attempt at fraud.For more recommendations on how to avoid investment fraud, please consult the ‘How to recognize and avoid fraud’ page on the FSMA website. Please watch our awareness-raising videos as well (available in French and Dutch only).

The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the website kaeser-llc(.)com. BaFin has information that this website is being used to offer financial, investment and cryptoasset services without the required authorisation.

Best Futures Trading Platform for Mac Finding the best trading platform for Mac used to be a challenge. Most trading software was originally built for Windows; however, the landscape has changed significantly. Today, Mac traders can access powerful, browser-based trading platforms that offer professional tools, fast execution, and seamless performance on macOS devices. This guide covers the most reliable trading platforms for Mac, including the best futures trading platform for Mac, and explains which brokers integrate best with Apple devices. Furthermore, you will discover how each platform operates and why choosing the right combination can elevate your trading experience. Why Mac Traders Need a Compatible Trading Platform Mac devices are known for speed and stability. Even though this offers many advantages, not all trading platforms historically supported macOS. Because of this, traders needed workarounds. Fortunately, modern platforms now run directly through Safari or Chrome. As a result, Mac traders can experience professional charting, stable execution, and cross-device accessibility without installing additional software. In addition, most cloud-based platforms receive updates faster than desktop software, which means Mac users benefit from rapid improvements and fewer compatibility issues. 1. TradingView – The Best Trading Platform for Mac TradingView is widely considered the best trading platform for Mac, mainly because it runs entirely online. Therefore, it works instantly on any MacBook, iMac, or iPad without requiring installation or system adjustments. Access TradingView for Mac here. Why TradingView Is Ideal for Mac Traders TradingView performs exceptionally well in the browser; moreover, its interface is designed to load charts quickly and accurately. It includes professional features such as multi-timeframe analysis, smart drawing tools, alerts, and futures charting. In addition, it supports forex, indices, stocks, and crypto, making it extremely versatile. Because it is browser-based, TradingView is also one of the best futures trading platforms for Mac, especially when paired with a strong broker. Consequently, traders can benefit from both advanced charting and fast execution. 2. IC Markets – The Best Broker for Mac Traders A platform is important; however, a broker determines execution quality. IC Markets is one of the top brokers for Mac users because it integrates smoothly with both TradingView and MT5 WebTrader. Therefore, it delivers stable execution, ultra-tight spreads, and access to deep liquidity. Open IC Markets (Mac-compatible) here: Why IC Markets Works So Well on Mac IC Markets offers extremely low spreads, fast order execution, and strong liquidity. Furthermore, it supports futures-style CFD trading, which is ideal for Mac traders looking to trade indices, commodities, or currency futures. Because everything works through the browser, Mac users avoid compatibility problems entirely. In addition, IC Markets performs reliably during high-volatility events, which is essential for professional trading. 3. cTrader Web – Modern, Fast, and Mac-Friendly cTrader Web provides a clean, modern trading environment that loads quickly on any Mac device. It is designed for traders who want fast execution combined with a highly intuitive interface. Why Mac Traders Choose cTrader Web cTrader Web offers advanced charting, depth of market views, and one-click execution. Furthermore, it integrates perfectly with IC Markets, which ensures consistent performance. Since it runs entirely online, Mac traders benefit from immediate updates and high-speed functionality. In contrast to older desktop platforms, cTrader Web does not require installation or configuration, which makes it ideal for traders who want simplicity without sacrificing power. 4. MT5 WebTrader – Classic Trading Tools on Mac Although the desktop version of MetaTrader 5 no longer runs natively on macOS, the MT5 WebTrader version is fully compatible. This solution allows traders to use the traditional MT5 layout while accessing markets directly through Safari or Chrome. Benefits of MT5 WebTrader for Mac MT5 WebTrader supports forex and index trading, provides reliable order execution, and offers a familiar interface for seasoned traders. Moreover, when paired with IC Markets, it becomes a very stable environment for both intraday and swing trading. Consequently, many traders still prefer MT5 because of its straightforward workflow. Final Verdict: The Best Futures Trading Platform for Mac After comparing charting quality, platform stability, execution speed, and macOS compatibility, the following options deliver the best overall experience: Best Trading Platform for Mac TradingView — fast, browser-based, and equipped with professional tools for futures analysis. Best Broker for Mac Traders IC Markets — low spreads, fast execution, and seamless integration with all Mac-friendly platforms. Best Execution Platform for Mac cTrader Web — modern interface, fast execution, and ideal for intraday traders who prefer simplicity and precision. Together, these platforms and brokers create a powerful trading setup for any Mac user. Consequently, traders can access professional tools without switching to Windows or using virtual machines. FAQ – Trading Platforms for Mac What is the best trading platform for Mac? TradingView is the best trading platform for Mac due to its clean interface, browser compatibility, and professional charting features. What is the best futures trading platform for Mac? TradingView provides excellent futures charting, while IC Markets offers fast and reliable execution. Can you trade futures on a Mac? Yes. TradingView, MT5 WebTrader, and cTrader Web allow Mac users to analyze and trade futures-style markets without installation. Does MT5 work on Mac? Yes. MT5 WebTrader works smoothly in Safari and Chrome. Which broker is best for Mac traders? IC Markets offers the best combination of execution speed, low spreads, and Mac compatibility. Het bericht Best Futures Trading Platform for Mac verscheen eerst op theforexscalpers.

The State Street Galaxy Onchain Liquidity Sweep Fund, known as SWEEP, is expected to debut on the Solana blockchain in early 2026. Ondo Finance is anticipated to seed the fund with roughly $200 million. The fund will allow eligible Qualified Purchasers to subscribe and redeem using PYUSD stablecoins, subject to the availability of assets in the portfolio. Future integrations are planned across Stellar and Ethereum, with Galaxy intending to use Chainlink to support cross-chain interoperability. State Street said SWEEP combines its decades of experience in cash and liquidity management with Galaxy’s blockchain infrastructure capabilities. State Street Bank and Trust Company will act as custodian for the treasury holdings, while Galaxy will provide the tokenisation technology and infrastructure powering the issuance and management of SWEEP tokens. Kim Hochfeld, State Street’s global head of cash and digital assets, said the collaboration demonstrates how “TradFi and DeFi sector players unite” to influence the future of capital markets. Steve Kurz, Galaxy’s global head of asset management, called SWEEP a “game-changing collaboration”. Ian De Bode, President of Ondo Finance, said tokenisation is becoming “the connective tissue between traditional finance and the onchain economy,” adding that the planned investment supports the evolution of institutional access to short-term U.S. Treasuries with instant mints and redemptions. The partnership expands an existing relationship between State Street and Galaxy, which began with the launch of actively managed digital-assets ETFs in 2024. The post State Street and Galaxy Digital to Launch Tokenised Liquidity Fund appeared first on LeapRate.

Roughly one-third of stock trading on eToro (NASDAQ: ETOR) now occurs outside traditional market hours, the fintech told FinanceMagnates.com, underscoring how quickly retail investors have embraced extended trading windows.eToro 24/5 Trading Drives 33% Volume Share in Extended HoursThe figure comes less than a month after eToro expanded 24/5 access to all S&P 500 and Nasdaq 100 stocks, building on an initial rollout in July that covered 100 top US equities. Trading on the platform runs from Sunday 8:05 p.m. to Friday 4:00 p.m. ET, letting users in Europe and Asia buy Apple, Tesla or Nvidia during their own daytime hours.eToro's data shows the number of traders using after-hours sessions climbed since the July launch and continues to grow as more people discover the feature. The platform expects that trend to accelerate now that every constituent of the two major indices can be traded around the clock.“Our mission has always been to open the global markets and make trading accessible to everyone, everywhere,” Yossi Brandes, VP of Execution Services at eToro, commented during the November’s launch. “We will continue to add more assets and to expand our 24/5 offering to meet the evolving needs of our global community.”A study conducted nearly a year ago by Pepperstone showed how important after-hours trading is for retail investors. Tesla, Alphabet, and Nvidia generated 80 to 90 percent of their gains outside regular market hours. And investors want to capitalize on those moves.Top Stocks Dominate Night SessionsStocks with the highest volumes during standard hours also lead activity in extended sessions, according to eToro. The company pointed out that the overnight market largely mirrors regular trading patterns, with no major divergence in which names get the most attention.“The top stocks trading after hours mirror the top stocks traded in the main session,” eToro representatives told FinanceMagnates.com. “We do not see any strong divergence here.”One exception shows up around earnings announcements. eToro noted elevated activity in stocks reporting quarterly results, as traders react to numbers released after the closing bell or before the opening.The company uses the same metrics to measure liquidity and execution quality in both regular and extended hours, but adds extra safeguards outside the main session to limit price swings that could harm users. Wider spreads and thinner order books remain a reality during off-hours trading, factors eToro has flagged since launching the service.Extended Hours Gain Traction Across Retail BrokerseToro's move puts it alongside Charles Schwab, Robinhood and Interactive Brokers, all of which rolled out 24-hour or near-24-hour trading in recent quarters. Schwab now offers trading on about 40 stocks from 8 p.m. Sunday to 8 p.m. Friday, while Robinhood provides overnight access on select equities and ETFs.Retail interest in after-hours sessions has climbed alongside market volatility and the popularity of pre-market earnings calls. For international users on platforms like eToro, extended trading solves a time-zone problem, letting them respond to US market developments without staying awake until 2 a.m. local time.eToro CEO Yoni Assia recently said the platform aims to give retail investors tools that approach institutional-level insights, including AI-driven portfolio analysis. He suggested future features could let users get feedback on their holdings from models trained on famous investors' strategies.Recent Moves and Executive ActivityIn early December, eToro launched a stock lending program for UK retail investors, partnering with BNY and EquiLend to let users earn passive income by loaning out shares. The offering brings an institutional practice to retail accounts, adding another revenue stream for active traders.Around the same time, eToro's Global COO and Deputy CEO Hedva Ber filed notice to sell 94,000 shares, worth about $4 million at the time of filing. The shares came from stock option plans, and the sale follows eToro's announcement of a $150 million buyback program.The company reported net income of $57 million in the third quarter, up 48% year-over-year, with revenue climbing 28%. Funded accounts reached 3.73 million, a modest gain of 2.8% from the previous quarter. Assets under administration stood at $20.8 billion at the end of September but slipped to $20.5 billion by October, suggesting some outflows or market declines.Liquidity Concerns PersistThe World Federation of Exchanges has warned that 24/7 trading is "not inevitable nor universally desirable," pointing to risks around thinner liquidity and execution quality outside standard hours. eToro acknowledged those challenges, advising users to review stop-loss and take-profit orders before relying on overnight sessions.Despite the caution, the platform's one-third figure suggests retail investors are willing to accept wider spreads and greater volatility in exchange for trading flexibility. At the same time, eToro is confident that the product will boost – and is already boosting – the number of active traders.„The number of traders has increased since launch and we expect this to increase as more users become aware of 24/5 trading and more stocks are available 24/5,” eToro concluded.That appetite has pushed brokerages to compete on extended hours, turning what was once an institutional perk into a standard retail offering. This article was written by Damian Chmiel at www.financemagnates.com.

the global regulatory landscape for digital assets is constantly evolving. for entities operating within the crypto space, staying ahead of these changes is paramount. recent amendments to the common reporting standard (crs) by the oecd have significant implications for bvi crypto funds. understanding these updates is crucial for ensuring compliance and making informed strategic decisions. the amendments have expressly expanded key definitions to bring crypto assets into the fold. this means that many bvi and other offshore crypto funds will now find themselves classified as "investment entities" and, consequently, as reporting financial institutions under the crs. what does this mean for your fund? it means new registration, due diligence, and reporting obligations. the expanded "investment entity" test a bvi crypto fund will likely be classified as an "investment entity" if it meets one of two tests. the business activity test: this applies if the fund's primary business activity involves investing, administering or managing "relevant crypto-assets" on behalf of others (type (a). this captures most collective investment vehicles, such as hedge or crypto funds. "primarily" generally means at least 50% of gross income is derived from these activities. the gross income and management test: this applies if the fund's gross income is primarily from investing or trading in relevant crypto-assets and it is managed by another financial institution (like a licensed investment manager) (type (b)). given these broad criteria, a bvi crypto fund will almost certainly be classified as an investment entity. relevant crypto-assets are now "financial assets" the core change is that the definition of "financial asset" under the crs now explicitly includes any interest in a "relevant crypto-asset". this removes previous ambiguity and firmly brings entities dealing primarily in crypto-assets under the same global tax transparency standards as those dealing in traditional finance. bvi implementation and practical consequences the bvi implements the crs through its mutual legal assistance (tax matters) act. this requires all bvi financial institutions, including investment entities, to comply. there are no exemptions for crypto funds. the practical consequences for a bvi crypto fund classified as a reporting financial institution are significant: crs registration: the fund must register with the bvi's international tax authority (ita) through the bvi fars portal. due diligence: it must implement procedures to identify the tax residency of all investors (account holders) and their "controlling persons," which involves collecting and validating self-certification forms. annual reporting: the fund must report detailed information on its reportable investors to the ita by 31 may each year. this includes investor details, account values, and gross proceeds. distinguishing crs from carf it is crucial to differentiate the crs from the new crypto-asset reporting framework (carf). carf targets entities that provide crypto exchange services "as a business," such as exchanges and brokers. a bvi crypto fund that simply invests in digital assets is not providing these services. therefore, it is highly unlikely to be a carf reporting entity. in fact, investment entities under crs are generally "excluded persons" for carf purposes. the fund's obligations will fall under the enhanced crs, not carf. the path forward the crs amendments leave little doubt: most bvi crypto funds are now reporting financial institutions with mandatory compliance obligations. fund managers must act to assess their status, register with the ita, and implement robust systems for due diligence and annual reporting. for further guidance and support, the harneys team is here to provide the expert legal guidance needed to navigate these changes and ensure your fund remains fully compliant.

The Trump administration has drawn links between the surge in immigration under former President Joe Biden and road safety.

10 December 2025 ICMA’s guide provides an overview of the Indian repo market, highlighting recent developments and describing the structure and operation of the market, its infrastructure, types of collateral and counterparties, and the legal and regulatory framework.Download the ICMA guide to Asia Repo Markets: India (ICMA Members only)This is the eighth in a series of reports on domestic repo markets that ICMA is publishing as part of its continued commitment to promoting the development of repo markets around the world. Guides to domestic repo markets in China, Japan, Indonesia, the Philippines, South Korea and Vietnam, were published in 2022 and 2023 (ICMA member login required), and Australia in 2024.ICMA has played a significant role in promoting the international repo market since the 1990s. This includes the development of the Global Master Repurchase Agreement (GMRA), which has become the principal master agreement for cross-border repos globally, as well as for many domestic repo markets, supported by annually updated legal opinions in over 70 jurisdictions (view a full list of jurisdictions covered by the 2025 legal opinions update). 

LuxAlgo Volume Flow Zones Indicator MT5: Advanced Institutional-Grade Volume Profile Analysis In the dynamic world of forex trading, understanding where institutional money flows can mean the difference between profitable trades and costly mistakes. The LuxAlgo Volume Flow Zones Indicator MT5 brings professional-grade volume profile analysis to retail traders, revealing hidden market structure through sophisticated money

Marquis said ransomware hackers stole reams of banking customer data, containing personal information and financial records, as well as Social Security numbers, belonging to hundreds of thousands of people. The number of affected people is expected to rise.

How to evaluate your personal trading. Here are some tips on how to track your trading journey.

November 24, Chicago – NFA has ordered Rimar Capital Limited Partnership (Rimar LP), a former NFA Member commodity pool operator located in Netanya, Israel, not to reapply for NFA membership or act as a principal of an NFA Member at any time in the future. NFA also ordered Ryan Philip Gordon, a prior associated person and principal of Rimar LP and former NFA Associate, not to reapply for NFA membership or act as a principal of an NFA Member for two years and to pay a $75,000 fine if he seeks NFA membership or principal status following the two-year period.

Linklaters has announced that it has recruited a team of 20 AI Lawyers to deploy across its global network. This first cohort of dedicated AI Lawyers will give Linklaters’ practices direct access to specialist AI legal expertise, supporting the delivery of innovative solutions for clients. The team comprises external hires from a range of backgrounds and experienced Linklaters lawyers who have chosen to supplement their legal expertise with additional knowledge of AI delivery. The AI Lawyers will attend a bespoke “bootcamp” training covering everything from Linklaters’ strategic thinking on AI to the power user features of the firm’s tools, change management, and effective prompt and workflow creation. Following the in-depth training, they will work in practice groups and offices globally, leveraging their combined expertise to support Linklaters’ client-facing lawyers in the development of prompts and workflows, and advise on the use of AI to deliver for clients. This follows Linklaters’ firmwide roll-out of Legora’s generative AI platform as the firm continues to equip its lawyers with the best AI-enabled tools and further strengthen its capabilities to enhance the support it provides clients on their most complex, cross-border mandates. Sarah Barnard, Director of AI Delivery at Linklaters, said: “We are excited to launch our first cohort of dedicated AI Lawyers to drive our ambitious programme of work globally. By combining recently practising Linklaters lawyers and highly skilled tech experts in a single collaborative team, we will gain the versatility and depth of knowledge to deliver even more innovative solutions for our clients and our people.”

The German government has agreed to introduce an industrial electricity price starting in 2026. The target price is to be 5 cents per kilowatt-hour for half of the electricity consumption and will be limited to the years 2026 to 2028. It is positive to note that the federal government is addressing the problem of Germany's high electricity prices compared to international standards. However, we are skeptical whether the planned subsidized electricity price will actually lead to a structurally better competitive position for the favored industries in Germany.

Market-maker claims venue used triangular arb tool to trade before users