Search Results for: UK FCA
Playtech commented on CySec’s and FCA’s proposals and announces Share Buyback Programme
December 6th, 2016
Playtech (LSE: PTEC) today announces a share buyback programme (the “Buyback Programme”) of up to €50 million. At its 2016 interim results in August, Playtech reiterated that it is cognisant of the need for an efficient balance sheet with ...
FCA is proposing stricter rules for firms selling ‘contract for difference’ (CFD) products to retail customers
December 6th, 2016
The Financial Conduct Authority (FCA) is today proposing stricter rules for firms selling ‘contract for difference’ (CFD) products to retail customers to improve standards across the sector and ensure consumers are appropriately protected. Contracts for differences, such as spread ...
FCA bans and fines individual for £233,600
December 1st, 2016
FCA publishes decision notice against Alistair Burns deciding to ban him and fine him £233,600 The Financial Conduct Authority has today published a Decision Notice in respect of Alistair Burns, Chief Executive at TailorMade Independent Limited (TMI). Mr Burns ...
FCA launches call for input on high-cost credit and overdrafts
November 29th, 2016
Since taking over regulation of consumer credit in April 2014, the FCA has focused on products that it believes pose the highest risks to its consumer protection objective. One area of focus has been high-cost credit, which includes payday ...
FCA charges sixth defendant in alleged investment fraud
November 24th, 2016
The Financial Conduct Authority (FCA) UK has issued an announcement to inform that following an investigation of the Authority, Charanjit Sandhu (DOB: 03/12/1989) of Grays, Essex, appeared today before the City of London Magistrates Court charged with conspiracy to ...
The UK and China have reached a new fintech agreement
November 16th, 2016
In the latest example of cross-border cooperation between governments on fintech, the UK and China agreed to form a fintech bridge on Thursday, as part of a series of new measures to strengthen economic ties between the countries. The UK already has ...
FCA prohibits six individuals for their part in unauthorised collective investment scheme
November 1st, 2016
In a case brought by the Financial Conduct Authority (FCA) Scott Crawley, Daniel Forsyth, Adam Hawkins, Ross Peters, Aaron Petrou and Dale Walker have today been prohibited from performing any function in relation to any regulated activity for their ...
The Financial Conduct Authority (FCA) bans two individuals from the financial services industry
October 26th, 2016
The Financial Conduct Authority (FCA) has issued on October 25 an announcement to inform that the Authority has banned two individuals from performing any function in relation to any regulated activity in the financial services industry. On 22 November ...
FCA issued a warning against a Forex provider
October 25th, 2016
The Financial Conduct Authority (FCA) has issued a warning to inform that the Authority believes that the below firm has been providing financial services or products in the UK without FCA’s authorisation. Almost all firms and individuals offering, promoting or selling ...
FCA: Investment and fund manager banned
October 24th, 2016
On 20 October 2016 the Tribunal upheld the Financial Conduct Authority’s (FCA) decision to ban Tariq Carrimjee of Somerset Asset Management LLP (Somerset) from carrying out the compliance oversight and money laundering reporting significant influence functions. The Tribunal’s decision ...
