Search Results for: UK Financial Conduct Authorit
Why free trade and open markets in financial services matter; Andrew Bailey, FCA Chief Executive
July 11th, 2017
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has released a speech by Andrew Bailey, Chief Executive of the FCA, at Reuters Newsmaker event. According the release: Note: this ...
FCA UK issued an update on regulatory sandbox
June 15th, 2017
The Financial Conduct Authority of UK (FCA UK) today provides an update on its regulatory sandbox and unveils the list of firms that were successful in their applications to begin testing in the second cohort of the sandbox. The ...
The regulatory authorities of Hong Kong and UK sign Fintech cooperation agreement
May 15th, 2017
The Securities and Futures Commission (SFC) today entered into a cooperation agreement with the UK Financial Conduct Authority (FCA) to foster collaboration in support of financial technology (Fintech) innovation (Note 1). Under the agreement, the SFC and the FCA ...
FCA UK warns: Beware from fake FCA emails
May 10th, 2017
The Financial Conduct Authority (FCA) of UK has issued a notice to warn that the Authority is aware that fraudsters are sending emails that appear to be from an FCA email address or refer to the FCA in the ...
Beware of unauthorised providers of financial services
May 8th, 2017
The financial regulatory authorities of UK (Financial Conduct Authority – FCA) and Honk Kong (Securities and Futures Commission – SFC) have issued warnings to inform investors and public about unauthorized providers of financial services. According FCA’s warning, the Authority believes ...
The Financial Conduct Authority warns for Stratton FX
May 2nd, 2017
The Financial Conduct Authority (FCA) has issued a warning about Stratton FX (clone of FCA authorised firm) and informs investors and public that fraudsters are using the details of firms the FCA authorises to try to convince people that ...
FCA UK reports number of complaints higher for last reporting period
April 27th, 2017
The Financial Conduct Authority (FCA) has published data on the number of complaints reported by firms under new rules which came into force on 30 June 2016. The total number of complaints reported by firms in the second half ...
Grant Thornton UK fined £2.3m over audit failures
April 24th, 2017
Grant Thornton UK LLP (“GT”) and Robert Napper (a retired GT Partner) (together, the “Respondents”), have admitted Misconduct and agreed to fines and other sanctions. This follows the conclusion of the Financial Reporting Council’s (FRC) investigation relating to the ...
The Financial Conduct Authority publishes its Mission and Business Plan
April 19th, 2017
The Financial Conduct Authority (FCA) has published its Mission, which gives firms and consumers greater clarity about how the FCA prioritises its interventions in financial markets. Alongside the Mission, the FCA has published its Business Plan for 2017/18 and Fees ...
Deutsche Bank and its UK subsidiary to pay $775 million penalty
March 29th, 2017
DB Group Services (UK) Limited (DBGS), a wholly owned subsidiary of Deutsche Bank AG (Deutsche Bank), was sentenced today for its role in manipulating London Interbank Offered Rates (LIBOR) for U.S. Dollar and several other currencies. LIBOR is a ...
