Search Results for: UK Financial Conduct Authorit
UK watchdog warns about Forex and Crypto scams; Victims lost on average over £14,600 last year
May 29th, 2019
The Financial Conduct Authority (FCA) and Action Fraud are warning the public to be wary of investment scams carried out via bogus online trading platforms. This warning comes as cryptoassests (crypto) and forex investment scams reports more than tripled last ...
FCA UK wins case against unauthorised forex firm
May 27th, 2019
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued an announcement to inform that following an application by the FCA, the High Court, on 14 May 2019, declared ...
UK financial regulator releases updated guidance on EU departure preparations
February 28th, 2019
The Financial Conduct Authority (FCA) has published updated information to help support regulated firms in finalising their preparations for as smooth a transition as possible when the UK leaves the EU. It is urging firms to ensure they are ...
Bitcoin could be overseen by UK’s financial regulator
December 21st, 2018
The UK government has said it stands ready to empower Britain’s financial regulator to oversee all cryptocurrency assets, after a warning from MPs that bitcoin and other cryptocurrencies were “wild west” assets that exposed consumers to a host of ...
Alert! Beware of companies offering financial services without the required license
December 14th, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), China (Financial Supervisory Commission Chinese Taipei – FSC), Holland (Netherlands Authority for the Financial Markets – AFM), Sweden (Finansinspektionen), ...
FCA UK proposes permanent measures for retail CFDs and binary options
December 10th, 2018
The Financial Conduct Authority (FCA) is proposing rules to address harm to retail consumers from the sale of certain complex derivative products with the publication of two consultation papers. The rules would apply to firms acting in or from ...
FCA UK published its EU Withdrawal Impact Assessment
November 30th, 2018
The Financial Conduct Authority (FCA) has published on 29th of November, 2018, its EU Withdrawal Impact Assessment. The assessment was requested by the Treasury Select Committee and sets out the impact of the Withdrawal Agreement and future framework on ...
Individuals fined and banned from performing any role in regulated financial services
November 7th, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued a press release to inform that The Upper Tribunal has upheld the Financial Conduct Authority’s (FCA) decision to fine ...
FCA UK data shows record level of 4.13 million complaints for regulated firms
November 1st, 2018
The Financial Conduct Authority (FCA) has published the complaints figures for regulated firms for the first half of 2018. Complaints continued to increase for the fourth successive half year, reaching a new record level of 4.13 million complaints made ...
FCA published UK’s policy and regulatory approach to cryptoassets
October 30th, 2018
The Financial Conduct Authority (FCA) has, as part of a Treasury (HMT) led Cryptoasset Taskforce published a report on the UK’s policy and regulatory approach to cryptoassets. The Taskforce Report has considered the policy and regulatory implications of distributed ledger ...
