Search Results for: fCA
HSBC voluntarily agrees to provide approximately £4m redress for historical debt collection practices
January 23rd, 2017
HSBC has voluntarily agreed to set up a redress scheme for customers who may have suffered detriment by paying an unreasonable debt collection charge imposed by HFC Bank Ltd (HFC) and John Lewis Financial Services Limited (JLFS), the Financial ...
Two sentenced to imprisonment suspended in insider dealing case
January 16th, 2017
In a prosecution brought by the Financial Conduct Authority (FCA) Manjeet Mohal, a former employee of Logica Plc, has today been sentenced to 10 months imprisonment suspended for two years in respect of two counts of insider dealing. He ...
Paysafe reports on Transaction in own shares
January 16th, 2017
Paysafe Group plc Transaction in own shares Paysafe Group plc (LSE: PAYS, “Paysafe” or the “Company”) announces that it has purchased the following number of its ordinary shares of 0.01 pence each on the London Stock Exchange from BMO ...
Fiat Chrysler accused of diesel emissions cheating
January 13th, 2017
EPA Notifies Fiat Chrysler of Clean Air Act Violations FCA allegedly installed and failed to disclose software that increases air pollution from vehicles The U.S. Environmental Protection Agency (EPA) today issued a notice of violation to Fiat Chrysler Automobiles ...
ICM Capital Offers £1,000,000 Insurance for FX and CFD Traders
January 6th, 2017
ICM Capital today announces it has enhanced its client-fund protection to cover £1,000,000. This new insurance is available to all ICM Capital live account holders at no additional cost and is underwritten by QBE Underwriting Limited and other participating ...
Former BlackRock Manager sentenced to 12 months imprisonment for insider dealing
December 22nd, 2016
In a prosecution brought by the Financial Conduct Authority (FCA) Mark Lyttleton, a former Equity Portfolio Manager at BlackRock Investment Management (UK) Limited, has today been sentenced to 18 months reduced with credit to 12 months on two counts ...
Trader and a trading company ordered to pay $2.5 Million Penalty
December 21st, 2016
Federal Court Orders Chicago Trader Igor B. Oystacher and 3Red Trading LLC to Pay $2.5 Million Penalty for Spoofing and Employment of a Manipulative and Deceptive Device, while Trading Futures Contracts on Multiple Futures Exchanges The Court’s Order Finds ...
BaFin plans to limit CFD trading
December 9th, 2016
Following the proposal by FCA UK for limiting leverage on Forex and CFDs, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has issued an announcement to inform that the Authority intends to limit the marketing, distribution ...
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 ...
ICAP reports Profit before tax increased 78%
November 16th, 2016
ICAP, a leading markets operator and provider of post trade risk mitigation and information services, has issued a press release to publish its results for the six months ended 30 September 2016. Group highlights The transaction with Tullett Prebon ...
