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Regulation
FCA Receives 69 FX Market Manipulation Reports in 2019
2020-02-28T15:23:58.000+02:00
The most reports received were for equity-related transactions.
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Regulation
FCA Urges Asset Management Firms to Prepare for LIBOR End
2020-02-27T14:56:33.000+02:00
In a letter to CEOs, the FCA highlighted the steps asset management firms should be taking.
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Regulation
FCA Flags Tradixa and Bitcoinmarketscap as Unauthorized
2020-02-21T14:48:19.000+02:00
The entities both claim to offer foreign exchange trading.
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Regulation
FCA Flags EEA Clone Firm Advisory Broker Services
2020-02-19T15:42:51.000+02:00
The entity claims to be specialist fixed income advisors and brokers.
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Regulation
FCA: Intervention Measures Will Save Consumers up to £451m p/a
2020-02-18T13:11:35.000+02:00
The regulator warns there are still risks for retail consumers when trading CFDs.
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Celeste Skinner
Executive Moves
Equiti Capital Names David Meek as Non-Exec Chairman
2020-02-17T14:09:17.000+02:00
The appointment is pending regulatory approval from the FCA.
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Payments
ePayments Woes Continue as Fraudsters Capitalize on Uncertainty
2020-02-13T10:40:10.000+02:00
Third parties have been offering to help clients recover funds without authorisation.
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Payments
Why was ePayments Operations Suspended by the FCA?
2020-02-12T14:31:35.000+02:00
The surprise news from the payments provider has sent shockwaves through the industry.
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Regulation
FCA Remains Vigilant, Warns Against Clone Firm Goldmans Banc
2020-02-10T14:07:24.000+02:00
The regulator states that Goldmans Banc is a clone firm of GMB Portfolio Services Limited.
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Regulation
Administrators of SVS Securities Secure Deal with Regulated Broker
2020-02-07T13:42:22.000+02:00
The Administrators have entered into a short period where they will transfer custody assets and client money.
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Executive Moves
Archax Hires Ex-FCA Supervisor to Oversee Compliance
2020-02-04T08:59:53.000+02:00
Alex Royle was involved in crypto-related roles with the regulator.
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Regulation
FCA Sets £10,000 Registration Fee for Crypto Businesses
2020-02-03T15:30:47.000+02:00
The regulator previously suggested a flat fee of £5,000.
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Regulation
FCA Flags Capital International Management Company
2020-01-31T13:04:45.000+02:00
The British regulator warned that the entity is a clone firm of an authorized EEA firm.
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News
FCA Grants Payments License to BCB Group Subsidiary
2020-01-30T11:06:33.000+02:00
The company has over 140 clients including Coinbase, Bitstamp, and Tagomi.
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Thought Leaders
Staying Ahead: How Brokers Are Approaching 2020
2020-01-28T12:33:22.000+02:00
To deal with new measures, brokers have been forced to adapt, creating a more competitive market.
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Executive Moves
Christopher Woolard Becomes Interim CEO of FCA
2020-01-24T14:16:48.000+02:00
Woolard has been appointed to the role following the departure of the former CEO, Andrew Bailey.
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News
CEX.IO Group Receives FCA’s Nod to Offer Services in the UK
2020-01-22T16:36:25.000+02:00
The exchange is also planning to become a regulated broker.
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Regulation
Will FCA Ban Credit Card Use for Retail FX & CFD Traders?
2020-01-17T22:25:08.000+02:00
With the Gambling Commission banning credit cards, will the FCA follow suit?
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Regulation
FCA Expects up to £55m Drop in 2019-21 Profit for UK CFD Firms
2020-01-16T16:01:30.000+02:00
The regulator believes UK firms will see a profit drop of c. £38.5m and £55.3m
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Regulation
FCA Warns Firms Need to Accelerate LIBOR Transition Prep
2020-01-16T11:09:58.000+02:00
Although some progress was made in 2019, the regulator warned there is much to do by 2021 end date.
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Brokers
TigerWit Gets Financial Services License from Hong Kong’s SFC
2020-01-13T11:35:47.000+02:00
The acquisition of the license is in line with the company’s plans for expansion.
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Regulation
FCA Assumes New Supervisory Role for UK Crypto Assets
2020-01-10T16:08:27.000+02:00
The new requirements focus on the identification and assessment of risks of money laundering and terrorist financing.
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Brokers
FCA Warns of Clone FX Website Posing as Lincoln Finance
2020-01-09T21:47:56.000+02:00
Ironically, some cloned scams contact the FCA to change the legitimate company's contact details on the register.
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News
UK Regulator Exposes Crypto and Binary Options HYIP Scheme
2020-01-03T21:03:35.000+02:00
Pro-Options operate as an HYIP scheme where returns are always dodgy, though they tend to dry up quickly.
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Aziz Abdel-Qader
ADVERTISEMENT
Brokers
FCA Flags Rockwell Amid Crackdown on Unregulated Asset Managers
2019-12-30T18:28:48.000+02:00
Retail FX/CFDs brokers have also come under the spotlight with the closure two regulated brokers in a single month.
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