fca
Temporary Measures: FCA Allows Investment Companies to Break Down Costs
- Firms and funds are encouraged to incorporate additional details in line with the Consumer Duty.
- Earlier, the organization proposed that investment firms maintain ample reserves for consumer compensation.
Thursday, 30/11/2023 | 12:22 GMT by
Tareq Sikder
Navigating Financial Challenges: RFX Enters Special Administration
- The firm offers foreign exchange and payment services to corporate and retail customers.
- Under special administration, the firm retains FCA authorization with JSAs overseeing court compliance.
Thursday, 30/11/2023 | 10:49 GMT by
Tareq Sikder
News Nuggets | 31 October: XS.com Hires New Manager; Scope Markets Expands CFDs Portfolio
- Also, FCA takes action on BNPL contracts; NFA fines Oscar Gruss & Son and MFA Urges UK regulators to eliminate reduntant regulations.
- Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Tuesday, 31/10/2023 | 10:03 GMT by
Finance Magnates Staff
FCA: Bitfinex May Be Promoting Financial Services "Without Our Permission"
- The regulator said that investors dealing with the crypto exchange may not be protected by the FSCS.
- "Bitfinex is very disappointed by the action taken by the FCA," the exchange stated.
Friday, 27/10/2023 | 20:54 GMT by
Jared Kirui
Crypto Marketers Face New Hurdles as FCA Tightens Rules
- The agency has identified recurring issues in crypto marketing since new regulations took effect on 8 October.
- The FCA has issued 221 alerts and is collaborating with various businesses to curb illegal promotions.
Wednesday, 25/10/2023 | 09:56 GMT by
Damian Chmiel
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