03/04/2022
FCA cracks down on potential crypto scammers
There have been record levels of crypto scams over the last year. This is how the UK’s financial watchdog is responding.
03/04/2022
There have been record levels of crypto scams over the last year. This is how the UK’s financial watchdog is responding.
03/04/2022
Speech by Edwin Schooling Latter, Director of Markets and Wholesale Policy and Wholesale Supervision at the FCA
03/04/2022
Tulip, a Seychelles incorporated company, whose ultimate beneficial owner claims to have created Bitcoin under the pseudonym “Satoshi Nakamoto”, was ordered to pay security for costs.
03/04/2022
0.01% of client assets now
03/04/2022
So far, the FSCS has paid out more than £36.5mn in compensation to BSPS members as of January 25.
03/04/2022
The court noted that there was no previous authority for this ’creditor vs creditor’ challenge.
03/04/2022
The guidance is applicable to both insurance and reinsurance undertakings.
03/03/2022
The Bill also contains provisions to beef up the system of unexplained wealth orders.
03/03/2022
The FCA is encouraging ASPSPs to apply the exemption as soon as possible once it comes into effect on 26 March 2022, with a view to widespread adoption by 30 September 2022.
03/03/2022
Whilst the Bill is introduced in the context of Russia's attack on Ukraine, its impact will not be limited to Russian entities or persons but will affect all non-UK entities operating in the UK.
03/03/2022
While 28 of these were withdrawn once probed, four were rejected due to insufficient information.
03/03/2022
The data will be used to inform Jersey’s jurisdictional response to the ongoing situation in Ukraine.
03/03/2022
There are currently around 40,000 ARs in the UK, with around 16,000 ARs operating in the retail lending industry, and around 12,000 in general insurance and protection.
03/03/2022
The company also purchased goods from UK entities subject to VAT and then exported them onwards to EU customers VAT free.
03/03/2022
Francis Tyrrell of Pinsent Masons was commenting after the UK government introduced new legislation aimed at preventing Russian vessels from entering UK ports.
03/02/2022
Speech by Michael Saunders
03/02/2022
Mr Kwarteng also refers to other measures, including reform of limited partnerships law, new powers to seize crypto assets and reforms to help businesses share information on suspected money laundering.
03/02/2022
Our rules protect consumers from losing a significant amount of their compensation in excessive fee
03/02/2022
The FCA has confirmed that discretionary cash bonuses will be removed for all staff from next year, with the final bonuses paid to the highest performing FCA colleagues in April 2022.
03/02/2022
But the new guidance looks likely to disrupt the DeFi market in ways that crypto investors and users may see as disadvantageous.