Search Results for: Financial Conduct Authority
Tesco to pay redress for market abuse
March 28th, 2017
The Financial Conduct Authority (FCA) today announces that Tesco plc and Tesco Stores Limited (Tesco) have agreed that they committed market abuse in relation to a trading update published on 29 August 2014, which gave a false or misleading ...
Company and its owner ordered to pay $6.5 Million penalty in Binary Options fraud case
March 22nd, 2017
Federal Court in Florida Orders Neil Pecker and His Company, Vision Financial Partners, LLC, to Pay More than $6.5 Million in Restitution and a Civil Monetary Penalty in CFTC Binary Options Fraud Action Relief Defendants Prometheus Enterprises, Inc. and ...
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 ...
ThinkMarkets Implements PayPal for Global Payments Coverage
March 16th, 2017
ThinkMarkets, a leading provider of forex and CFD trading has enhanced its payment offering with the launch of PayPal. The new payment solution enables ThinkMarkets’ global user-base to deposit and withdraw funds through PayPal’s international network. With the addition ...
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 ...
FCA finalise plans to place a deadline on PPI complaints
March 2nd, 2017
The Financial Conduct Authority (FCA) has today confirmed that it will introduce a deadline for making new payment protection insurance (PPI) complaints. The final deadline for making a new PPI complaint will be 29 August 2019. To encourage consumers to ...
FCA proposes reforms to the availability of information in the UK equity IPO process
March 1st, 2017
The Financial Conduct Authority (FCA) has today launched a Consultation Paper (CP) proposing a package of measures to reform the availability of information during the UK equity initial public offering (IPO) process. The IPO process plays a vital role ...
Online Forex and CFD Broker Pepperstone suspends UK trading
February 28th, 2017
Pepperstone has sent an email to its UK clients to inform them that the company is temporarily suspending trading in the UK Pepperstone, an Australian online Forex and CFD retail Broker has informed its UK clients that has suspended ...
Libor trader sues FCA over lifetime ban
February 23rd, 2017
Former UBS trader Tom Hayes is to sue the Financial Conduct Authority over the lifetime ban it placed on him after he was jailed for 11 years over his role in the Libor-rigging scandal. Hayes was the first to ...
