Search Results for: Financial Conduct Authority
FCA fines Interactive Brokers (UK) Limited £1,049,412
January 26th, 2018
FCA fines Interactive Brokers (UK) Limited £1,049,412 for poor market abuse controls and failure to report suspicious client transactions The Financial Conduct Authority (FCA) has imposed a financial penalty on Interactive Brokers (UK) (IBUK) in the amount of £1,049,412 ...
UK Regulator released the names of unauthorised binary options providers
January 15th, 2018
The Financial Conduct Authority (FCA) has published a list of 94 firms without FCA authorisation that it understands to be offering binary options trading to UK consumers. Since January 3rd 2018, firms involved in binary options trading in the ...
FCA fines and bans former RBS trader
January 9th, 2018
The Financial Conduct Authority (FCA) has imposed a financial penalty of £250,000 on former Royal Bank of Scotland (RBS) interest rate derivatives trader, Neil Danziger, and prohibited him from performing any function in relation to any regulated financial activity. ...
FCA UK released the appointment of new Chair
January 8th, 2018
HM Treasury announced the appointment of Charles Randell CBE as the new Chair of the Financial Conduct Authority (FCA). Charles is currently an external member of the Prudential Regulation Committee of the Bank of England and a non-executive board ...
FCA released a statement on transitional arrangements for trading venues under MiFIR Article 54(2)
January 4th, 2018
Under Article 54(2) of the Markets in Financial Instruments Regulation (“MiFIR”), an EU Central Counterparty (CCP) or trading venue may apply to its Competent Authority for a transitional arrangement in relation to exchange-traded derivatives, under which the open access ...
Four Guilty In Relation To £1.4 Million Investment Scheme
December 4th, 2017
In a criminal prosecution brought by the Financial Conduct Authority (FCA), Samrat Bhandari and Dr Muhammad Aleem Mirza have been found guilty for their roles in operating an investment scheme which led to more than 300 investors losing a ...
Bond Trader fined for market abuse
November 28th, 2017
The Financial Conduct Authority (FCA) has imposed on Paul Walter, a former Bank of America Merrill Lynch International Limited (BAML) bond trader, a financial penalty of £60,090 for engaging in market abuse. Following an investigation, the FCA found that ...
FCA UK Warns About Investing In Cryptocurrency CFDs
November 15th, 2017
The Financial Conduct Authority, the conduct and prudential regulator for financial services firms and financial markets in the UK, has issued a warning to inform public and investors in relation to the risks of investing in cryptocurrency CFDs. Contracts ...
Supervisory Authorities Warn: Be Cautious
November 2nd, 2017
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Belgium(Financial Services and Markets Authority – FSMA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Jersey (Jersey Financial Services Commission), Hong Kong (Securities and Futures Commission – ...
FCA urges public to report and speak out against fraudulent investment schemes
October 27th, 2017
The Financial Conduct Authority (FCA), the conduct and prudential regulator for financial services firms and financial markets in the UK, urges the public to get in touch if they have been contacted by a company offering what they think ...