Search Results for: FCA
FCA UK reports number of complaints higher for last reporting period
April 27th, 2017
The Financial Conduct Authority (FCA) has published data on the number of complaints reported by firms under new rules which came into force on 30 June 2016. The total number of complaints reported by firms in the second half ...
FCA warns for a clone of ADS Securities
April 26th, 2017
The Financial Conduct Authority (FCA) has issued a warning about a clone of ADS Securities and informs investors and public that fraudsters are using the details of firms the FCA authorises to try to convince people that they work ...
FCA bans two former spread betting firm employees for market abuse
April 10th, 2017
The Financial Conduct Authority (FCA) has banned and imposed financial penalties on two former Worldspreads Limited (WSL) employees. WSL, which operated a spread betting business, collapsed in March 2012. The FCA has fined WSL’s former Chief Financial Officer, ...
FCA publishes near final rules on MiFID II
April 3rd, 2017
FCA publishes near final rules on MiFID II and encourages firms to submit applications for MiFID II authorisation The Financial Conduct Authority (FCA) has today published near final rules on the implementation of the Markets in Financial Instruments Directive ...
FCA fines former investment banker for sharing confidential information over WhatsApp
March 30th, 2017
The Financial Conduct Authority (FCA) has today fined Christopher Niehaus, a former investment banker, £37,198 for sharing client confidential information over WhatsApp. The FCA found that Mr Niehaus failed to act with due skill, care and diligence. The FCA ...
FCA UK announced appointment of a Non-Executive Director
March 21st, 2017
The appointment, made by HM Treasury, is for an initial three year term starting 1 April 2017. Welcoming the appointment, FCA Chairman John Griffith-Jones said: “One of the FCA’s key strategic objectives is to ensure we secure an appropriate ...
Culture in financial institutions: it’s everywhere and nowhere; FCA Chief Executive
March 16th, 2017
Highlights A firm’s culture emerges in large part from inputs that are its responsibility. It is for firms to ensure that their desired culture is consistent with appropriate conduct outcomes, to identify the drivers of behaviour within the firm ...
FCA UK warns for unauthorised financial services firm
March 14th, 2017
The FCA UK has issued a press release to inform that the below firm has been providing financial services or products in the UK without its authorisation. Almost all firms and individuals offering, promoting or selling financial services or ...
FCA publishes Insurance Distribution Directive consultation
March 7th, 2017
The Financial Conduct Authority (FCA) has published the first of its two consultation papers on the implementation of the Insurance Distribution Directive (IDD). The Insurance Mediation Directive (IMD) was introduced in early 2005 and was designed to encourage competition ...
P2P lending platform granted full authorisation from the FCA
March 2nd, 2017
Proplend has issued an announcement to inform that it has been granted full authorisation from the Financial Conduct Authority (FCA) for peer to peer lending, paving the way for the launch of its Innovative Finance ISA. The P2P lending platform connects investors ...
