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United kingdom
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Regulation
FCA Suspends Four European Firms from Operating under TPR
Two of these companies are based in Cyprus.
None of them responded to FCA’s mandatory information requests.
Tuesday, 18/01/2022 | 12:46 GMT
by
Arnab Shome
News
British Payments Regulator Fines Mastercard and 4 Others £33M
The companies violated the competition law of the country.
Mastercard faced the highest fine with £31.5 million.
Tuesday, 18/01/2022 | 09:01 GMT
by
Arnab Shome
Executive Moves
Swissquote UK CEO Federico Cirulli Steps Down
He spent eight years with the broker.
Michela Pollini and Jack Rawlings have been appointed as Executive Directors.
Friday, 14/01/2022 | 07:10 GMT
by
Arnab Shome
News
House of Lords Raised Serious Concerns over UK CBDC Launch
The committee is worried about the possibility of bank runs.
A joint task force is striding the feasibility of a digital pound launch.
Thursday, 13/01/2022 | 12:23 GMT
by
Arnab Shome
News
NYDIG-Subsidiary Bottlepay Gets FCA Approval as Crypto Business
It is one of the very few companies to gain the FCA nod.
It has become the first lightning network startup in the UK.
Tuesday, 11/01/2022 | 11:26 GMT
by
Arnab Shome
Regulation
UK Ads Regulator Slams Arsenal FC for Fan Token Promotion
Arsenal partnered with Chilliz to launch a fan token.
The agency flagged two of the promotional ads of the football club.
Wednesday, 22/12/2021 | 09:19 GMT
by
Arnab Shome
Institutional FX
Standard Chartered Bank Fined £46.5 Million for Regulatory Failures
This is the highest penalty imposed by the PRA in an individual enforcement case.
The bank has agreed to rectify the lapses in its system.
Monday, 20/12/2021 | 10:37 GMT
by
Arnab Shome
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News
UK Regulator Clamps Down on eToro, Coinbase for ‘Misleading’ Crypto Ad
Both the companies have already taken down the advertisement.
They were ordered not to run those ads in the previous form.
Wednesday, 15/12/2021 | 10:17 GMT
by
Arnab Shome
Brokers
Axi’s UK Subsidiary Sees 46% Jump in FY21 Client Revenue
It ended the fiscal with a net profit of £1.9 million.
Wednesday, 08/12/2021 | 09:18 GMT
by
Arnab Shome
News
Binance Plans to Seek FCA Approval in the UK
The exchange is hiring former regulatory staff in the country.
Monday, 06/12/2021 | 13:26 GMT
by
Arnab Shome
Brokers
Britain’s AJ Bell Will Launch a Zero-Fee Investment App
The new platform will hit the market in the first half of 2022.
Monday, 29/11/2021 | 11:38 GMT
by
Arnab Shome
Regulation
UK FCA Says ‘Poor Quality’ Paperwork Is Delaying Authorizations
The British watchdog said that it was committed to improving its processes generally.
Wednesday, 24/11/2021 | 19:54 GMT
by
Felipe Erazo
Institutional FX
House of Borse Sees 26% Revenue Dip in FY21
The brokerage managed to generate a pre-tax profit of £14,839 for the year.
Thursday, 11/11/2021 | 07:39 GMT
by
Arnab Shome
News
UK Bitcoin Miner Jailed for Stealing Electricity to Run Two Mining Farms
The individual was sentenced to 13 months and two weeks in prison at Leicester Crown Court.
Thursday, 14/10/2021 | 20:20 GMT
by
Felipe Erazo
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Brokers
eToro (UK) Revenue Jumps 717% in 2020
The UK unit contributed 7 percent to the overall group revenue last year.
Thursday, 14/10/2021 | 09:14 GMT
by
Arnab Shome
News
SmartTrade Technologies UK Posts Marginal Gain in FY21 Profits
The UK unit generated a net profit of £2.13 million in the year.
Wednesday, 13/10/2021 | 10:20 GMT
by
Arnab Shome
Executive Moves
IG Group Promotes Matt Macklin as CEO UK, APAC
He was previously the UK Head of the London broker.
Tuesday, 05/10/2021 | 06:06 GMT
by
Arnab Shome
News
Crypto Exchange CoinJar Receives FCA Recognition
Only around a dozen of the UK crypto companies have gained mandatory regulatory recognition so far.
Wednesday, 29/09/2021 | 12:26 GMT
by
Arnab Shome
Retail FX
SVS Securities Administration Process to End in Early 2022
The administrators have already returned the proceeds of most of the clients.
Tuesday, 28/09/2021 | 08:08 GMT
by
Arnab Shome
News
JPMorgan Launches Digital Bank in the UK
Branded as Chase, the neobank will initially offer current accounts and will issue debit cards.
Tuesday, 21/09/2021 | 05:00 GMT
by
Arnab Shome
Institutional FX
The Investment Association Taps Seven New Executives to Join Its Board
The executives come from some of the largest asset managers in the United Kingdom.
Wednesday, 15/09/2021 | 21:37 GMT
by
Felipe Erazo
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News
UK Students Are Increasingly Investing in Cryptocurrencies, Survey Finds
The study found that 76% of the surveyed students are concerned about how to meet their monetary obligations on time.
Thursday, 02/09/2021 | 18:51 GMT
by
Felipe Erazo
Retail FX
FCA Warns UK Fintechs on Afghanistan-Related Financial Crime Threat
The companies have to actively monitor all outbound transactions to Afghanistan and report any suspicious activities.
Tuesday, 31/08/2021 | 10:41 GMT
by
Arnab Shome
Brokers
Equiti Capital UK Triples Profit in 2020
The UK company ended the year with a total profit of $1.8 million.
Monday, 30/08/2021 | 06:18 GMT
by
Arnab Shome
Brokers
SVS Securities Administrators Refund Majority of Clients’ Money
The administrators estimated the budget for the cost of the returns at £44.5 million.
Friday, 27/08/2021 | 12:22 GMT
by
Arnab Shome
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