Search Results for: UK FCA
Japan’s Fsa Warns Against Unauthorized Optionrally, Two Other Binary Options Brokers
February 11th, 2016
Japan’s financial watchdog, the Financial Services Agency (FSA), included on Wednesday into its alert list binary options brokers LFG Investment, trading as OptionRally, and WorldOptionner Management Office and BizOption Management Office, trading as Bizoption and Worldoption, respectively. The three companies have been providing financial services in the ...
Fair, reasonable and non-discriminatory access to regulated benchmarks
February 8th, 2016
In this Policy Statement FCA reports on the main issues arising from Consultation Paper 15/18 (Fair, reasonable and non-discriminatory access to regulated benchmarks) and publish the final rules. FCA Policy Statement as published: Why are we issuing this policy ...
Barclays faces £700m legal action
January 29th, 2016
Barclays has confirmed it is being sued for more than £700m by deal-maker Amanda Staveley in connection with its emergency fundraising in 2008. The Financial Times reported that Ms Staveley’s firm, PCP Capital Partners, had taken legal action against ...
Royal Bank of Scotland announces Updates to the Market and Banco Santander publishes 2015 Results
January 27th, 2016
The Royal Bank of Scotland Group plc (“RBS” or “the Group”) today announces a series of updates to the market: 1. Developments during 2015, in particular publication by the International Accounting Standards Board of its exposure draft of amendments ...
New Bank Start-up Unit launched by the financial regulators
January 22nd, 2016
The Prudential Regulation Authority (PRA) and FCA have launched the New Bank Start-up Unit. The Unit is a joint initiative from the UK’s financial regulators giving information and support to newly authorised banks and those thinking of becoming a ...
KPMG Audit plc’s audit of HBOS plc
January 22nd, 2016
The Financial Reporting Council’s (FRC) Conduct Committee has reviewed the full report from the PRA and FCA into the failure of HBOS plc. and has asked the FRC’s Executive Counsel to undertake preliminary enquiries under the Accountancy Scheme, the ...
CMC Markets to apply for admission on LSE in February 2016
January 13th, 2016
London Stock Exchange announces the Intention of CMC Markets PLC to float on LSE. According to LSE: CMC Markets plc (“CMC” and, together with its subsidiaries, the “Group”), a leading global provider of online financial trading, today announces its ...
Britain’s biggest insider trading case is finally going to trial — 6 years since dawn raids
January 12th, 2016
Almost six years after a series of dawn raids shocked the City of London, one of the UK’s biggest ever insider-trading cases is finally going to trial. The case – code named Tabernula, which is Latin for “little tavern” – ...
HSBC escapes action by City regulator following Swiss tax scandal
January 5th, 2016
Financial Conduct Authority will take no action against bank whose Swiss arm helped clients to evade tax. HSBC will not face formal action from the City regulator following revelations that the Swiss arm of Britain’s biggest bank helped clients to ...
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 ...
