Search Results for: UK Financial Conduct Authorit
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 ...
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 ...
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 ...
FCA warning against unauthorised firms
September 29th, 2014
The Financial Conduct Authority (FCA), the British financial regulator, has issued a warning informing investors that the firm “Barclay Lewis” (www.barclaylewis.com) and “SMS Fast Cash” (www.smsfastcash.com, www.sms-fastcash.net, www.sms-fast-cash.com) are not permitted to provide any financial services or products. FCA warns that these ...
Tesco in turnoil after profits overstatement
September 23rd, 2014
Tesco, Britain’s biggest retailer and one of its great corporate success stories of the last decade, has been thrown into turmoil after disclosing that it had overstated its first-half profit by £250m. Four senior executives were suspended and shares ...
FCA gives another fine to Barclays
September 23rd, 2014
The Financial Conduct Authority has imposed another fine to Barclays. As a result, Barclays is expected to be stung today with a £38m fine for failing to ensure adequate protection of clients’ funds. In particular, the fine relates to ...
