Search Results for: FCA
FCA UK sets out its approach to international firms; Authorisation and Supervision
February 25th, 2021
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has published early in February its approach to the authorisation and supervision of international firms. The publication explains how the FCA ...
Breaking: FCA bans the sale of crypto-derivatives to retail consumers
October 6th, 2020
The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers. The FCA considers these products to be ill-suited for retail consumers due to the ...
FCA publicly censures former Worldspreads CEO for market misconduct
September 14th, 2020
The Financial Conduct Authority (FCA) published a Final Notice in respect of Conor Foley, the former Chief Executive Officer of Worldspreads, publicly censuring him for market abuse and banning him from performing any roles linked to regulated activity. The ...
FCA secures orders for victims of unauthorised share scheme; Nearly £3.62m in restitution
May 7th, 2020
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued today a press release to inform that the High Court today ordered four individuals and one company to pay ...
FCA becomes AML and CTF supervisor of UK cryptoasset activities
January 14th, 2020
The Financial Conduct Authority (FCA) in UK has issued an announcement to inform that the FCA is now the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for businesses carrying out certain cryptoasset activities under the amended Money Laundering, ...
FCA UK wins case against unauthorised forex firm
May 27th, 2019
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued an announcement to inform that following an application by the FCA, the High Court, on 14 May 2019, declared ...
FCA warns public of investment scams as over £197 million reported losses in 2018
February 7th, 2019
The Financial Conduct Authority (FCA) is warning investors to be vigilant to the threat posed by investment scammers, as data from Action Fraud reveals over £197 million1 of reported losses in 2018. Victims were scammed out of over £29,000 ...
FCA UK proposes permanent measures for retail CFDs and binary options
December 10th, 2018
The Financial Conduct Authority (FCA) is proposing rules to address harm to retail consumers from the sale of certain complex derivative products with the publication of two consultation papers. The rules would apply to firms acting in or from ...
FCA UK published its EU Withdrawal Impact Assessment
November 30th, 2018
The Financial Conduct Authority (FCA) has published on 29th of November, 2018, its EU Withdrawal Impact Assessment. The assessment was requested by the Treasury Select Committee and sets out the impact of the Withdrawal Agreement and future framework on ...
FCA UK data shows record level of 4.13 million complaints for regulated firms
November 1st, 2018
The Financial Conduct Authority (FCA) has published the complaints figures for regulated firms for the first half of 2018. Complaints continued to increase for the fourth successive half year, reaching a new record level of 4.13 million complaints made ...
