Search Results for: fCA
MP calls for FRC accounting body to investigate KPMG over HBOS
December 14th, 2015
Britain’s accounting standards watchdog has made a “serious mistake” in refusing to open a formal investigation into accountancy firm KPMG over the way it checked the books of HBOS bank before it collapsed, a senior UK lawmaker said on ...
Plus500: Termination of Merger, Dividend and Share Buyback
November 25th, 2015
Plus500 announces termination of Merger Agreement with Playtech, intended declaration of an Interim Dividend of $0.2121 per share and Share Buyback programme Further to the determination by Playtech PLC that it will be unable to obtain FCA approval before ...
HBOS and KPMG tensions exposed by report
November 24th, 2015
TENSIONS between HBOS’s senior management and the bank’s auditor KPMG have been exposed in the long-awaited bumper report into the financial institution’s epic failure. The 500-page tome, which took over three years and £7m to compile, reveals that the ...
The Financial Regulators of UK and Denmark warn investors for unauthorised financial services firms
November 24th, 2015
The Financial Conduct Authority (FCA), the financial regulatory authority of UK and the Danish Financial Supervisory Authority (Finanstilsynet) have issued warnings to inform investors and public for unauthorised and clone firms providing financial services. According to FCA, Fraudsters are ...
Plus500: Termination of Merger Agreement with Playtech – Update on Plus500 and Ava Trade Ltd
November 23rd, 2015
Further to the determination by Playtech PLC that it will be unable to obtain FCA approval before 31 December 2015, the Company and Playtech agreed to terminate the Merger Agreement. The Board of Plus500 today announces its plans for ...
Playtech acquisition of Plus500 may be terminated if not consummated by end of 2015
November 18th, 2015
Playtech has issued an announcement to inform regarding the acquisition of Plus500. Read previous announcement: Playtech’s latest announcement regarding Plus500 acquisition Read previous announcement: Playtech plc: Update on acquisitions of Plus500 Ltd and Ava Trade Ltd According to the firm, the Plus500 ...
European Financial Regulators warn for unauthorised investment firms
November 17th, 2015
The Swedish Financial Supervisory Authority, Finansinspektionen (FI) and the Financial Conduct Authority of UK (FCA) have issued warnings to inform investors and public for unauthorised and clone investment firms. According to Finansinspektionen (FI): Warning issued regarding Aztec Group (clone ...
RBI’s Defence of Rupee Depletes Forex by USD 1.90 Billion
November 16th, 2015
The central bank’s attempts to arrest the fall in the rupee’s value due to domestic political uncertainty and a strengthening US dollar drained $1.90 billion from India’s foreign exchange (Forex) kitty, experts said on Saturday. Overall, the Forex reserves ...
ICM Capital Announces Local Dubai Partnership
November 11th, 2015
ICM Capital Limited has announced an inaugural UAE partnership with the esteemed brothers Mohammad and Abdulla Habib Al Mulla. ICM Capital, an FCA regulated online trading services provider for retail and corporate clients, are celebrating this milestone in their ...
Robo-advisor MoneyFarm raises EUR16m for UK launch
November 10th, 2015
Italian digital wealth management startup MoneyFarm is preparing to enter the UK market after raising EUR16 million from Cabot Square Capital and United Ventures. MoneyFarm is one of several robo-advisor outfits looking to disrupt the wealth management market by ...
