Search Results for: Financial Conduct Authority
FCA introduces new rules on whistleblowing
October 7th, 2015
The Financial Conduct Authority (FCA), alongside the Prudential Regulation Authority (PRA), has today published new rules in relation to whistleblowing. These changes follow recommendations in 2013 by the Parliamentary Commission on Banking Standards (PCBS) that banks put in place mechanisms to ...
SFO to press Barclays over £7bn fundraising in private hearing
September 29th, 2015
Serious Fraud Office will apply for access to evidence regarding how the bank raised the funds during the 2008 financial crisis A private hearing is to take place in December in which the Serious Fraud Office (SFO) is thought to be ...
Swiss Investigate Seven Banks Over Precious Metals Market Trading
September 28th, 2015
Inquiry involves possible collusion between UBS, Julius Baer, Deutsche Bank, HSBC, Barclays, Morgan Stanley and Mitsui A Swiss regulator has opened an investigation into precious metals trading at a group of large banks, marking the latest in a line ...
Document Reveals How Deutsche Bank Fires Traders With a ‘Thank You’
September 28th, 2015
E-mails show discussions on firing traders amid Libor scandal Internal script disclosed in filing to German regulators Deutsche Bank AG traders should be wary of calls that start with a thank you. “Thank you for making yourself available ...
Offshore platform Novia Global set to take off
September 23rd, 2015
Multi-currency offshore platform Novia Global is ready to go live at the end of the month, offering a streamlined system for advisers serving expats across different jurisdictions. The platform is designed to respond to the raft of regulatory changes ...
FCA UK fined Investment Firm’s former finance director
September 23rd, 2015
FCA publishes Final Notice for Keydata’s former finance director, Craig McNeil, fining him £350,000 and prohibiting him from performing any significant influence function The Financial Conduct Authority (FCA) has fined Mr McNeil £350,000 and prohibited him from performing any ...
FCA makes final appointment to ExCo with Georgina Philippou as Chief Operating Officer
September 23rd, 2015
The Financial Conduct Authority’s Acting Chief Executive Tracey McDermott today announced the final appointment to the FCA’s Executive Committee with Georgina Philippou becoming the new Chief Operating Officer. Georgina Philippou has been acting Director for Enforcement and Market Oversight ...
SFC warns on unlicensed entity Wells Fargo Global Investments (Hong Kong) Limited
September 10th, 2015
Regulatory Commission of Hong Kong, Securities and Futures Commission (SFC), has issued a warning to inform public for an unlicensed entity with the name Wells Fargo Global Investments (Hong Kong) Company Limited. The address of the above company and ...
FCA warns on a Broker firm with office address in Cyprus
September 3rd, 2015
FCA, the Financial Conduct Authority of UK, has issued a warning to inform public regarding www.ubroker.com that the FCA believes that has been providing financial services or products in the UK without FCA’s authorisation. FCA reports the details of ...
FCA UK warns about a clone investment firm
September 2nd, 2015
The Financial Conduct Authority (FCA) of UK has issued a press release to warn public for a clone firm that fraudsters use as part of their tactics to scam people in the UK. The Clone firm’s details are: Ashmore ...
