fca
FCA "Name and Shame" Policy: Regulator Attributes to Numerous Inquiries from Legislators
- The regulator's CEO, Nikhil Rathi, appeared before the House of Commons Treasury Select Committee today (Wednesday).
- FCA receives approximately 650 letters yearly from Members of Parliament inquiring about ongoing investigations.
Wednesday, 08/05/2024 | 18:41 GMT by
Jared Kirui
UK Chancellor Jeremy Hunt Clashes with FCA over Controversial “Name and Shame” Policy
- He joins the voices arguing that the FCA's plan could hinder economic growth.
- The debate underscores the increasing tension between the government and the regulator.
Wednesday, 01/05/2024 | 10:29 GMT by
Damian Chmiel
FCA Approval Expands Stratiphy's Retail Offerings with Customized Portfolios
- The firm has become FCA's first approved independent wealth manager for retail client investments.
- It now can offer tailored portfolios to retail investors, diverging from tradition and unlocking growth.
Wednesday, 01/05/2024 | 08:46 GMT by
Tareq Sikder
Even Ministers Believe FCA's "Name and Shame" Policy Will Harm the City of London
- Critics from the private and public sectors argue that the move could unfairly damage reputations.
- Specifically, the FCA's investigations last an average of 4 years, and 65% conclude end without any resulting action.
Wednesday, 24/04/2024 | 08:28 GMT by
Damian Chmiel
FCA Acts: Kent Resident Faces £2.67M Investment Scheme Charges
- The allegations center around involvement in an unauthorized investment scheme named 'Kube Trading'.
- The FCA has planned to enhance transparency by divulging more about its investigations into companies earlier.
Tuesday, 23/04/2024 | 14:45 GMT by
Tareq Sikder
FCA Flags Suspected Clone Firm Impersonating Legitimate Forexeze Limited
- The regulator said that the clone firm operates using the names forexeze.com and forex-eze.com.
- The clone entity uses email addresses such as info@forexeze.com and support@forex-eze.com.
Friday, 19/04/2024 | 20:18 GMT by
Jared Kirui
This Company Sidesteps £50 Million Fine, as FCA Wants to Compensate More Investors
- The regulator finds Link Fund Solutions mismanaged Woodford Equity Income Fund.
- However, it will not impose a multimillion-pound fine to give more money back to investors.
Thursday, 11/04/2024 | 09:15 GMT by
Damian Chmiel
FCA Flags Clone Firm Impersonating Legitimate Claims Solutions UK Limited
- This suspected clone entity operates under false details, including its name, address, telephone numbers, email addresses, and website.
- There is no legitimate connection between the clone firm and the authorized entity, Claims Solution UK Limited.
Thursday, 21/03/2024 | 15:02 GMT by
Jared Kirui
Named and Shamed: UK Regulator to Publicly Reveal Probed Firms
- The regulator will reveal more about company probes earlier to boost market transparency.
- Also, similar to the US SEC, the market watchdog wants to offer financial incentives to informants.
Tuesday, 27/02/2024 | 08:27 GMT by
Damian Chmiel
FCA Alert: Organised Crime Groups Exploiting Equity Markets Raises Concerns
- Suspicious trading in the UK and international equities significantly impacts market integrity.
- Key indicators of OCG exploitation include clients generating STORs, pre-M&A trading, and new security trading.
Friday, 16/02/2024 | 12:03 GMT by
Tareq Sikder
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