Search Results for: UK FCA
Former equities trader sentenced for insider dealing
June 15th, 2016
Damian Clarke, a former equities trader at Schroders Investment Management has today been sentenced to two years imprisonment having pleaded guilty to nine counts of insider dealing. Between August 2000 and January 2013, Mr Clarke was employed initially as ...
European car manufacturers face fines of up to €2 billion
May 30th, 2016
Several European car manufacturers have hefty fines hanging over their heads if they are unable to meet the new emission standards set by the European Union. Those with a cloud around their performance include Jaguar Land Rover, BMW, Volkswagen, ...
RBS’s Bank Restructuring unit faces legal claims from business who claim they were forced into liquidation
May 26th, 2016
Small businesses who claim they were forced into liquidation by the activities of Royal Bank of Scotland’s controversial Global Restructuring Group (GRG), have set up a dedicated whistleblowers Website to encourage bank staff to provide information on the unit. ...
Financial regulators from around the world warn for unauthorised financial services companies
May 24th, 2016
The Financial Conduct Authority (FCA) of UK, the Securities and Futures Commission (SFC) of Hong Kong, the Jersey Financial Services Commission (FSC), the Financial Services Authority (MFSA) of Malta and the Comision Nacional del Mercado De Valores (CNMV) of Spain issued ...
ECommPay: Regulations of FOREX industry
May 18th, 2016
Forex (FX) regulation is crucial to both security and mutual trust between traders and operators. Companies operating from jurisdictions lacking in regulatory supervision are able to do so in an unfair and illegal manner without facing serious repercussions. Moreover, ...
Financial Conduct Authority opened its regulatory sandbox to firms
May 10th, 2016
The Financial Conduct Authority (FCA), today opened its regulatory sandbox to firms. The sandbox is a ‘safe space’ in which businesses can test innovative products, services, business models and delivery mechanisms while ensuring that consumers are appropriately protected. The ...
Gaming preferences and payment methods across the world
May 9th, 2016
The Internet has introduced new levels of comfort and convenience to contemporary society. Online, we can avoid suffering in long queues, stressing over decisions, or wasting time looking for something specific. Even children know that almost everything you could ...
FSCS announces its final levy for 2016/17 at £337m
April 26th, 2016
The Financial Services Compensation Scheme (FSCS) has announced its levy for 2016/17. FSCS will levy £337m in this financial year, £26m less than forecast in its Plan and Budget for 2016/17, published in January. The levy in 2015/16 totalled ...
ICE informs that the Industrial and Commercial Bank of China approved to participate in IBA’s gold auction
April 13th, 2016
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that the Industrial and Commercial Bank of China (ICBC) has been approved by ICE Benchmark Administration (IBA) ...
Fintech regulation has been a key agenda item at recent meetings of peak financial regulators
April 11th, 2016
The Australian Securities and Investments Commission is talking to the Monetary Authority of Singapore about an agreement to ensure that regulation does not hinder the progress of fintech start-ups looking to operate across the countries’ borders. Fintech regulation has been a key ...
