Search Results for: Financial Conduct Authority
FCA fines fund manager for investors exposure
April 29th, 2014
The Financial Conduct Authority (FCA), the British regulatory authority, has fined Invesco Asset Management Limited and Invesco Fund Managers Limited (Invesco Perpetual) £18,643,000 for exposing investors to greater levels of risk than they had been led to expect. Between ...
David Cameron’s brother calls for fraud trial to be halted over legal aid cuts
April 29th, 2014
Alexander Cameron QC argues in court that state has failed to provide defendants with adequate representation The prime minister’s brother, Alexander Cameron QC, has argued in court that a complex fraud trial should not go ahead because the defendants ...
FCA warning against clone firm
April 29th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that State Street Bank Global Markets International Limited, State Street Global Advisors and other State Street Group firms (http://www.ssgahk.com, http://www.ssgahk.net, http://www.daofu5.com, http://www.daofu100.com, ...
Invesco Fined, EU Stress Test, Libor Charges: Compliance
April 29th, 2014
Invesco Perpetual (IPE) was fined 18.6 million pounds ($31.3 million) for failing to comply with risk limits or tell clients about the use of derivatives as leverage in their funds. Invesco Perpetual, the largest retail investment manager in the ...
FCA warning against clone firms
April 25th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that: “ING Bank N.V” is the clone of the EAA authorised firm “ING Bank NV London Branch” “Dirkmartens Brokers” is the clone of ...
FCA Said to Observe Banks’ London Gold-Fixing Calls
April 25th, 2014
Regulators are stepping up their scrutiny of how gold prices are set, with officials from Britain’s Financial Conduct Authority visiting Societe Generale SA (GLE) to observe the so-called London fixing process, two people with knowledge of the matter said. ...
FCA warning against unauthorised firms
April 24th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that the following firms are not permitted to provide any financial services or products: Cash Pals (www.cash-pals.com) Business Finance World Ok-Loans Limited (www.ok-loans.co.uk) ...
FCA appoints two new senior advisers focused on competition and investment banking
April 23rd, 2014
The British Financial Conduct Authority (FCA), has issued a press release announcing the appointment of two senior advisers as follows: Martin Wheatley, chief executive of the FCA, said of the appointments: “Both David and Gunner come with impressive experience ...
FCA warns for clone firm
April 17th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that “United Kingdom Tax Agency/ FIBI BANK PLC UNITED KINGDOM” is not permitted to provide any financial services or products since it is the ...
FCA warning for unauthorised firms
April 16th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that the following firms are not permitted to provide any financial services or products: Frenson Capital Limited t/a Light Loans (www.lightloans.co.uk) LSE ...
