04/21/2021
The company also neglected to “implement adequate internal control procedures to protect the scheme members from any financial losses” and “failed to ensure that the individual member accounts are adequately liquid at all times”.
04/21/2021
It will also monitor international CBDC developments to ensure the UK remains at the forefront of global innovation, the BOE said.
04/21/2021
The current resurgence in SPAC activity started in 2012 and, after initially seeing steady year on year growth, SPAC use suddenly rocketed in late 2019. Since then, growth has been almost exponential.
04/21/2021
Planned interim chief Brian O’Kelly will leave stockbroker when deal is finalised
04/21/2021
Parliamentary committee to discuss allegations later this week
04/21/2021
The changes provide for two new categories of PIF, neither of which require a licensed manager.
04/21/2021
The FCA has also updated its webpages on BI insurance and on the BI insurance test case accordingly.
04/20/2021
It is clear that the Financial Conduct Authority (the "FCA") is determined actively to police the regulatory perimeter – it was after all a party to proceedings in both of the cases discussed below.
04/20/2021
Today we are confirming our broad approach to assessing complaints made specifically to the FCA in relation to LCF
04/20/2021
The IFPR introduces a new prudential regime for MiFID investment firms regulated by the FCA. It will create a single, proportionate regime that reflects firms’ size and business.
04/20/2021
At that time complainants were informed of their right, if they were dissatisfied with our decision, to refer their complaint to the Office of the Complaints Commissioner.
04/20/2021
This document sets out the Terms of Reference for the Central Bank Digital Currency (CBDC) Taskforce.
04/20/2021
Post the financial crisis in 2008 you will remember that the FSA effectively brought in a "two week holiday rule".
04/20/2021
‘No fee means no business, surely?’
04/20/2021
Next-generation search warrants could gain access to suspects' device data
04/20/2021
Its other offerings serve wealth managers, retail brokers, custodians, and margin lenders, officials say.
04/20/2021
The FCA has published a statement confirming that it will publish its Business Plan in July 2021, rather than April.
04/19/2021
The FCA has stopped the firm conducting any regulated activities in the UK and has required it to close all trading positions and return the money to customers.
04/19/2021
76% said they 'lack trust towards using their banking services online'
04/19/2021
Raja has lodged a ‘complaint of victimisation’, while Starling’s defence is that Raja was going to be dismissed because her performance ‘was not good enough’, according to the preliminary hearing.