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News
The FCA’s Binance Warning: What Does This Meaning for UK Crypto Regulation?
2021-06-29T14:49:24.000+02:00
Why did the FCA issue a warning against Binance Markets Limited?
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Exchanges
Binance Banned in UK by FCA
2021-06-27T13:53:07.000+02:00
The move follows Friday's Japanese FSA warning
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Institutional FX
FCA Proposes Temporary ‘Synthetic’ Sterling and Yen LIBOR Rates
2021-06-24T14:20:24.000+02:00
The ‘synthetic’ rates to be used for contracts that are tough to switch to alternate rates.
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Arnab Shome
Regulation
FCA Warns against 111 Unregistered Crypto Companies
2021-06-23T10:23:09.000+02:00
The regulator has mandated the registration of UK crypto firms.
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Analysis
When Is It Time to Move Away from Retail and Become Professional?
2021-06-22T07:38:05.000+02:00
It is hard enough to produce a solid track record and generate consistent profits as an FX trader, so why make it harder?
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Richard Perona
Institutional FX
EML Receives FCA’s Nod for Sentenial Acquisition
2021-06-21T09:35:44.000+02:00
The deal still needs the approval of the French financial market regulator.
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Arnab Shome
Executive Moves
Michael Findlay Is Onboarded as FCA's Chair of Markets Practitioner Panel
2021-06-15T14:00:22.000+02:00
Michael Findlay succeeds interim Chair, Tim Waddell, the Vice-Chair of Global Corp. & Investment Banking for EMEA.
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Tom Hazan
Retail FX
UK FCA Warns on Clone Firms from Two Financial Companies
2021-06-09T19:11:30.000+02:00
The financial watchdog says fraudsters are using clone firms to impersonate FCA-licensed companies.
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Felipe Erazo
ADVERTISEMENT
Regulation
UK’s FCA Extends Temporary Relief to Crypto Firms till March 2022
2021-06-03T09:46:06.000+02:00
Firms that applied for registration before December 16, 2020, will be eligible under the scheme.
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CryptoCurrency
UK Regulator’s Actions Point to the Trend of Growing Crypto Market Security
2021-05-29T12:23:28.000+02:00
Crypto businesses and users are now showing a more serious attitude towards the matters of KYC.
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Konstantin Anissimov
Brokers
FCA Orders EverFX to Stop Offering CFDs to UK Customers
2021-05-26T14:30:02.000+02:00
The broker was flagged for multiple compliance violations.
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Arnab Shome
Regulation
FCA Proposes New ‘Consumer Duty’ for Financial Firms
2021-05-14T12:51:51.000+02:00
The regulator will receive consultation on the draft till the end of July.
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Arnab Shome
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Executive Moves
FOS Promotes Nausicaa Delfas to Interim CEO and Chief Ombudsman
2021-04-19T15:30:08.000+02:00
Delfas will take over the role from Caroline Wayman, who previously held the role for seven years.
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Tom Hazan
Brokers
FCA Stops UK Operation of CFDs Broker Finteractive Limited (FXVC)
2021-04-16T15:55:21.000+02:00
The CySEC-licensed company was operating in the UK under FCA’s Temporary Permission Regime.
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Arnab Shome
Brokers
UK Court Hits CFDs Signals Provider with £530K Fine
2021-03-25T22:42:35.000+02:00
24HR Trading sent trading signals to clients via WhatsApp and other social media platforms.
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Aziz Abdel-Qader
Brokers
FCA Exposes RealFXPro as Crackdown on Clone Scams Continues
2021-03-16T17:22:18.000+02:00
The FCA said an attempt by RealFXPro had been made to reproduce the FxPro Invest webpage in many areas.
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Aziz Abdel-Qader
ADVERTISEMENT
Institutional FX
NatWest Faces Criminal Money Laundering Charges
2021-03-16T11:53:52.000+02:00
This is the first bank in the UK to face any charges under the 2007 money laundering regulations.
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Institutional FX
FCA Issues Timeline to Cease LIBOR Benchmark
2021-03-05T12:49:37.000+02:00
Most of the currency settings will end by the end of 2021.
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Regulation
Stifel Former Trader Gets Fined by FCA over Wash Trades
2021-03-04T17:21:25.000+02:00
Adrian Horn to pay £52,500 for carrying out banned self-dealing involving McKay Securities stock.
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Aziz Abdel-Qader
Retail FX
FCA Censures Now-Collapsed Premier FX
2021-02-25T13:52:35.000+02:00
The company’s deceased head paid business expenses with the clients’ funds.
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Arnab Shome
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Retail FX
FCA to Distribute £3.42M Among two Investment Fraud Victims
2021-02-24T13:34:28.000+02:00
The schemes hoarded £15 million scamming over 1,000 investors.
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Arnab Shome
Brokers
City Watchdog Exposes Dalsari as Latest Unauthorised Trading Platform
2021-02-16T21:26:11.000+02:00
Dalsari is posing as an authorised company that has onboarded more than 1.2 million accounts.
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Aziz Abdel-Qader
Regulation
How Is Brexit Causing a Stir Between Brokers and Affiliates?
2021-02-01T16:30:33.000+02:00
What is the FCA PS20/10 policy, and why you need to know about it?
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Ben Myers
Regulation
UK Consumers Lost £78 Million in Clone Firm Investment Scams
2021-01-27T12:49:16.000+02:00
The FCA mentioned that the consumers lost £45,242 each on average in fraudulent clone firms.
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Bilal Jafar
ADVERTISEMENT
Retail FX
FCA Flags Black Diamond Amid Crackdown on Fake Asset Managers
2021-01-25T19:45:04.000+02:00
The City watchdog warned that such services are increasingly being used as a vehicle for financial scams.
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Aziz Abdel-Qader
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