12/01/2023
FCA fines three money tansfer firms for breaking competition law
They were also found to have fixed the transaction fee charged to customers when making certain money transfers from the UK to Pakistan via Small World’s Services.
12/01/2023
They were also found to have fixed the transaction fee charged to customers when making certain money transfers from the UK to Pakistan via Small World’s Services.
12/01/2023
It also follows the FCA’s statement earlier this month that fund managers have more work to do on embedding ESG.
11/30/2023
Investment labels will help match investors with the funds that are right for them, and the added Sustainable Mixed Goals label will address the problem of funds with multi-asset strategies.
11/30/2023
The proposal submitted by BNP Paribas Cardif, the insurance arm of the BNP Paribas Group stands out in terms of product range
11/30/2023
Any firm not holding enough capital will be subject to automatic asset retention rules to prevent them from disposing of their assets.
11/30/2023
The OECD isn’t expecting any rate cuts until late 2024 and for some economies not until 2025.
11/30/2023
Given at FXJSC 50th Anniversary event held at the Bank of England, London
11/30/2023
The FCA has also published an accompanying Dear CEO letter, which reminds firms that they must not seek to avoid potential redress liabilities.
11/30/2023
FSMA 2023 also provides a framework to repeal retained EU law
11/30/2023
Third Country Branch
11/29/2023
This is vital for those funds investing across the spectrum of assets and allows the FCA to bring fund of funds into scope too.
11/29/2023
In its survey of 20,000 consumers, the Financial Conduct Authority found that 81% would like their investments to do good as well as deliver a financial return.
11/28/2023
Resulting in £9,769,550 of pension funds being transferred to riskier defined contribution schemes.
11/28/2023
It will also allow partial transfers of Isa funds in-year between providers from April 2024.
11/27/2023
The Innovation Fund can cover up to 60% of a project's relevant costs, with eligibility extended to projects in the EEA, including the maritime, road transport and buildings sectors.
11/27/2023
The bank has apologised to customers and is working to restore its mobile and online banking service, including the authorising of online card purchases via the app.
11/27/2023
The report explores where AI is currently being deployed; where it shows promise for the future; and how to make the most of the opportunities on offer.
11/27/2023
This is the final report from the FCA on the implementation of IFPR.
11/27/2023
The Stockholm-headquartered fintech established a new UK holding company called Klarna Financial Services UK to secure regulatory approval.
11/27/2023
Mr Lewis has also been banned from holding any senior management functions in a regulated firm.