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UK Banks Hold Back £7.5Billion from Struggling SMEs in Missed Annual Deposit Interest

SME owners in the UK are due more than £7.5billion a year in ‘missing’ savings interest; business bank Allica Bank has revealed after new research. Rising interest rates, the cost-of-living crisis and less-than-favourable macroeconomic conditions continue to pile pressure on SMEs – but Allica Bank has found that the biggest high street banks in the UK may be keeping billions from […]
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Hong Kong Securities and Futures Commission Reinforces Virtual Asset Rules After JPEX Debacle

Hong Kong’s Securities and Futures Commission (SFC) is implementing a series of enhanced measures to reinforce information dissemination and investor education, following recent concerns regarding unregulated virtual asset trading platforms (VATPs). The news swiftly follows a high-profile case involving unlicensed crypto exchange JPEX, which SFC has accused of misleading investors. It believes that JPEX was actively marketing products […]
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