Search Results for: Financial Conduct Authority
Temporary prohibition of short selling
October 17th, 2014
The Financial Conduct Authority (FCA) notifies that it temporarily prohibits short selling in the following instrument under Articles 23 (1) and 26 (4) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March ...
FCA warning against unauthorised firms
October 16th, 2014
The Financial Conduct Authority (FCA), the British regulator, has issued a warning against “Omega Trading Limited” (www.omega-trading.co.uk), “International Mergers and Acquisitions Board of Japan” (www.imabjp.org) and “Smith and Jacobs” (www.smithandjacobs.com). The warning recommends that the public exercises extreme caution ...
Three more directors suspended as Tesco scandal inquiry continues
October 15th, 2014
Three more Tesco directors were suspended yesterday as part of the £250m accountancy scandal at the UK’s biggest supermarket. Dan Jago, director of beers and wines, William Linnane, director of impulse purchases, and Sean McCurley, director of convenience, were ...
UK banks pay out $2.5 billion for swaps mis-selling
October 14th, 2014
Britain’s biggest banks have paid out less than 40 percent of the 4 billion pounds ($6.4 billion) set aside to cover the mis-selling of complex interest rate hedging products, according to data from the financial regulator. The mis-selling is ...
Tesco to suspend more senior staff over £250m accounting scandal
October 14th, 2014
Tesco is expected to suspend more senior staff as part of its ongoing investigation into a £250m black hole, according to The Independent. Five executives have already been asked to stand aside while an investigation by Deloitte and law ...
FCA warning against unauthorised firms
October 13th, 2014
The Financial Conduct Authority (FCA), the British regulator, has issued a warning against “B2S Forex” (www.b2sforex.com) and “National Debt Assistance” (www.nationaldebtassistance.co.uk/ www.nationaldebtassistance.co.uk/gov). The warning recommends that the public exercises extreme caution when dealing with these companies, since are not permitted ...
FCA warning against unauthorised firms
October 7th, 2014
The Financial Conduct Authority (FCA), the British regulator, has issued a warning about “Global Investment Bank” (www.globalinvestmentbank.g-i-b.biz/home.htm) and “MTR Global” (www.mtrglobal.com). The warning recommends that the public exercises extreme caution when dealing with these companies, since are not permitted ...
U.S., UK regulators might settle Deutsche Bank Libor case this year
October 7th, 2014
U.S. and British regulators are in a plan to settle the Deutsche Bank AG (DBKGn.DE) Libor case in the next few months as they hope to extract major penalties from the bank for alleged manipulation of the benchmark interest ...
FCA warning against unauthorised firm
October 3rd, 2014
The Financial Conduct Authority (FCA), the British regulator, has issued a warning about “MFEX Capital Management LLP / MFEX Capital Fund Investors / MFEX Enterprise Trust Plc” (www.mfexcapital.com). The warning recommends that the public exercises extreme caution when dealing ...
Greg Medcraft of ASIC re-elected IOSCO Board Chair
October 3rd, 2014
The International Organization of Securities Commissions (IOSCO) today re-elected Mr. Greg Medcraft as Chairman of the IOSCO Board. Mr. Medcraft was re-elected at the inaugural meeting of the newly constituted Board, during the IOSCO Annual Conference in Rio de ...
