Category: Regulation

FCA
December 12, 2017 BY Valentina Kirilova

FCA makes it easier for people to compare bank accounts

The Financial Conduct Authority (FCA) has today published final rules which will require providers of personal current accounts and business current accounts to publish information that will help customers to compare the service they could receive from different providers. The new information will help customers, comparison websites and the media to make meaningful comparisons of…

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Tradeweb brings RFQ trading to the options industry
December 12, 2017 BY Valentina Kirilova

Tradeweb gets FCA green light to operate an OTF

Trading platform Tradeweb announced that it has received authorisation from the UK’s Financial Conduct Authority (FCA) to operate an Organised Trading Facility (OTF), effective from 3rd January 2018. On that basis, Tradeweb can offer its clients greater flexibility to choose the type of venue and execution method that suits their needs. It will support the…

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Regulation
December 12, 2017 BY Valentina Kirilova

ASIC’s regulatory sandbox proposal to remain unchanged

ASIC has today released a review of its regulatory sandbox, introduced in December 2016. In the review ASIC proposes to retain class waivers known as the fintech licensing exemption, that allow eligible financial technology (fintech) businesses to test certain specified services without holding an Australian financial services or credit licence. ASIC had committed to reviewing…

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fca warning
December 11, 2017 BY Valentina Kirilova

FCA warns against Carus Solutions Ltd firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Carus Solutions Ltd. Carus Solutions Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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clone firm FCA warning
December 11, 2017 BY Valentina Kirilova

FCA warns against Amundi Asset Management clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Amundi Asset Management. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…

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clone firm FCA warning
December 11, 2017 BY Valentina Kirilova

FCA warns against Waybridge Financial clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Waybridge Financial. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

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CFTC offices
December 08, 2017 BY Valentina Kirilova

CFTC releases Rule Enforcement Review of CBOT, CME, COMEX, and NYMEX

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has issued the results of a rule enforcement review that recommends the exchanges reviewed make certain improvements as noted below. The Division reviewed the Chicago Board of Trade (CBOT), the Chicago Mercantile Exchange (CME), the Commodity Exchange, Inc. (COMEX), and the New York Mercantile…

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clone firm FCA warning
December 08, 2017 BY Valentina Kirilova

FCA warns against Herald Investment Trusts clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Herald Investment Trusts. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…

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