Search Results for: Financial Conduct Authority
Banks are puzzled over how to stop rate fixing
September 10th, 2014
Banks and regulators have still not found a way to be sure of stopping traders from manipulating Libor, foreign exchange and other benchmarks, top watchdog Martin Wheatley said yesterday. More than two years on from the first bank fine ...
FCA warning against unauthorised firm
September 9th, 2014
The Financial Conduct Authority (FCA), the British financial regulator, has issued a warning informing that the firm “Jacobs Buchanan Investment Advisors / Jacobs Buchanan Partnership” (www.jacobsbuchanan.com) is not permitted to provide any financial services or products. FCA warns that ...
FX Probe Lags in EU as Other Watchdogs Ready for Fines
September 8th, 2014
The European Union’s antitrust arm is still at the start of its probe into possible collusion in foreign-exchange markets even as U.S. and U.K. regulators edge closer to levying fines. “We are at the starting point of this investigation,” ...
FCA warning against unauthorised firm
September 2nd, 2014
The Financial Conduct Authority (FCA), the British financial regulator, has issued a warning informing that the firm “Marcus KPO Services LLC” (www.MarcusKPO.com) is not permitted to provide any financial services or products. FCA warns that this firm is neither ...
FCA warns against boiler room clone firm
September 1st, 2014
Financial Conduct Authority (FCA), the British regulator has issued a warning against boiler room “City Equities Ltd” (www.cityeq.com), informing the investors that the company appears as the clone firm of the FCA regulated firm, “City Equities Limited” (www.cityequities.com). Fraudsters ...
FCA bans and fines former Burlington director
August 29th, 2014
The Financial Conduct Authority (FCA) has fined Craig Cameron £350,000 and banned him from any involvement in FCA authorised firms, after it found that he lacked honesty and integrity in relation to the promotion of three unregulated collective investment ...
FCA warns against boiler room clone firm
August 28th, 2014
Financial Conduct Authority (FCA), the British regulator has issued a warning against boiler room “London Capital Group Asia (Clone of FCA authorised firm) / LCGA Fxplatform / LCG Asia / LCG Forex” (www.lcga-fx.com / www.lcga.asia.lid-cn / http://indo.lcga-fx.com / www.fxlcg.com), ...
FCA fines Deutsche Bank with £4.7m
August 28th, 2014
Deutsche Bank AG London Branch (Deutsche) has been fined £4,718,800 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions between November 2007 and April 2013. Deutsche failed to properly report 29,411,494 Equity Swap CFD (contracts for difference) transactions. ...
FCA fines RBS and NatWest
August 27th, 2014
The Financial Conduct Authority (FCA) has today fined The Royal Bank of Scotland and NatWest £14,474,600 for serious failings in their advised mortgage sales business. The firms failed to ensure that advice given to customers was suitable. The issues with ...
FCA warning against unauthorised firm
August 26th, 2014
The Financial Conduct Authority (FCA), the British financial regulator, has issued a warning informing the investors that “Capital Mergers and Acquisitions” (www.capitalmajp.com) is not permitted to provide any financial services or products. FCA warns that this firm is neither regulated ...
