Search Results for: FCA
Lloyds under investigation by FCA over possible market rigging
January 7th, 2016
Reports say investigation into gilts trading is not industry-wide despite recent criticism of regulator for dropping review into culture at major banks The City regulator is investigating whether traders at Lloyds Banking Group manipulated the price of government bonds, in a ...
Capital Index receives regulatory approval from the UK’s FCA
December 16th, 2015
The UK’s Financial Conduct Authority (FCA) grants Capital Index (UK) Ltd authorised and regulated status. Capital Index (UK) Ltd, a global online brokerage specialising in CFDs, Financial Spread Betting and Spread Trading, has announced that it has been granted ...
FCA fines Threadneedle Asset Management Limited £6m
December 15th, 2015
The Financial Conduct Authority (FCA) has fined Threadneedle Asset Management Limited (TAML) £6,038,504 for failing to put in place adequate controls in the fixed income area of its front office, and for providing inaccurate information to the regulator and ...
FCA Warning: IRDM Brokers
December 11th, 2015
FCA has issued a warning to inform investors and public regarding an unregistered financial services firm. FCA notes that: We believe this firm has been providing financial services or products in the UK without our authorisation. Find out why ...
FCA set to investigate HSBC amid claims of ‘improper practices’
December 10th, 2015
Complaints commissioner forces inquiry at regulator, accusing it of mishandling reports of credit card overcharging The City regulator is set to launch an investigation into whether large numbers of people lost out financially because of “improper practices” at HSBC, after ...
FCA: Strengthening accountability in banking
December 10th, 2015
Strengthening accountability in banking: Final amendments to the Decision Procedure and Penalties Manual and the Enforcement Guide FCA: In this policy statement, we set out our amendments to the Decision Procedure and Penalties Manual (DEPP) and the Enforcement Guide ...
FCA publishes new measures for cash savings accounts to boost competition
December 9th, 2015
Savers with cash accounts will benefit from a new package of measures published today by the Financial Conduct Authority (FCA) designed to improve competition by encouraging easier and quicker switching and improving the information savers receive. From December 2016, ...
FCA warns for LondonFX as a clone firm
November 30th, 2015
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: Clone firm details ...
FCA fines Barclays £72 million. Barclays announces settlement
November 26th, 2015
FCA fines Barclays £72 million for poor handling of financial crime risks Barclays announces settlement with the FCA The Financial Conduct Authority (FCA) has today fined Barclays Bank (Barclays) £72,069,400 for failing to minimise the risk that it may ...
FCA: A sentence of 10 years imprisonment imposed on individual for a “giant Ponzi scheme”
November 25th, 2015
The Court of Appeal has upheld a sentence of 10 years imprisonment imposed on Phillip Harold Boakes following his conviction on 6 March 2015 on charges prosecuted by the Financial Conduct Authority (FCA). Mr Boakes was appealing his ...
