Search Results for: Financial Conduct Authority (FCA)
Capital Index receives regulatory approval from the UK’s FCA
December 16th, 2015
The UK’s Financial Conduct Authority (FCA) grants Capital Index (UK) Ltd authorised and regulated status. Capital Index (UK) Ltd, a global online brokerage specialising in CFDs, Financial Spread Betting and Spread Trading, has announced that it has been granted ...
Irish regulator nixes Teddy Sagi’s AvaTrade acquisition
December 14th, 2015
Playtech’s dream of becoming a major player in the online foreign exchange trading market has been left in ruins. Online gambling software provider Playtech Cyprus Ltd. (LSE:PTEC), controlled by Israeli billionaire Teddy Sagi, has dropped its bid to buy Israeli ...
FCA set to investigate HSBC amid claims of ‘improper practices’
December 10th, 2015
Complaints commissioner forces inquiry at regulator, accusing it of mishandling reports of credit card overcharging The City regulator is set to launch an investigation into whether large numbers of people lost out financially because of “improper practices” at HSBC, after ...
FCA publishes new measures for cash savings accounts to boost competition
December 9th, 2015
Savers with cash accounts will benefit from a new package of measures published today by the Financial Conduct Authority (FCA) designed to improve competition by encouraging easier and quicker switching and improving the information savers receive. From December 2016, ...
FCA warns for LondonFX as a clone firm
November 30th, 2015
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: Clone firm details ...
FCA fines Barclays £72 million. Barclays announces settlement
November 26th, 2015
FCA fines Barclays £72 million for poor handling of financial crime risks Barclays announces settlement with the FCA The Financial Conduct Authority (FCA) has today fined Barclays Bank (Barclays) £72,069,400 for failing to minimise the risk that it may ...
FCA: A sentence of 10 years imprisonment imposed on individual for a “giant Ponzi scheme”
November 25th, 2015
The Court of Appeal has upheld a sentence of 10 years imprisonment imposed on Phillip Harold Boakes following his conviction on 6 March 2015 on charges prosecuted by the Financial Conduct Authority (FCA). Mr Boakes was appealing his ...
HBOS and KPMG tensions exposed by report
November 24th, 2015
TENSIONS between HBOS’s senior management and the bank’s auditor KPMG have been exposed in the long-awaited bumper report into the financial institution’s epic failure. The 500-page tome, which took over three years and £7m to compile, reveals that the ...
Publication of the PRA and FCA review into the failure of HBOS
November 19th, 2015
The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) are today publishing the review into the failure of HBOS Group. This review was originally started by the former regulator, the Financial Services Authority (FSA). Its purpose is ...
FCA fines and bans former Investment Analyst at Aviva Investors
November 19th, 2015
The Financial Conduct Authority (FCA) has today fined Mothahir Miah, a former Investment Analyst at Aviva Investors Global Services Limited (Aviva Investors), £139,000 and banned him from performing any function in relation to any regulated activity in the financial ...
