Regulatory Actions

CySEC Withdraws License of Daweda Exchange After Discovery of Clone

2020-08-04T21:05:40+00:00June 19th, 2020|

The Cyprus Securities and Exchange Commission (SEC) has suspended the CIF authorization for Forex broker Daweda Exchange Ltd. following the discovery of a clone website and communications sent to customers [...]

Australia’s Financial Complaints Authority Expels 680 Firms

2020-08-04T21:07:53+00:00June 16th, 2020|

Since Australia’s government launched a dedicated dispute resolution body for financial services in the country in 2018 the Australian Financial Complaints Authority (AFCA) has handled complaints filed by Australian residents [...]