Financial Conduct Authority (FCA) announced the addition of Jeannette Lichner and Bernadette Conroy to its board, starting April and August, respectively. The new members will join the FCA for a three-year- term. Having held senior leadership positions in a number of financial organizations, Lichner has vast experience in international financial services. Currently, she serves as…
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The Financial Conduct Authority (FCA) publish today guidelines for financial services firms as Brexit is looming over. On 31 January at 11pm the UK is set to leave the European Union (EU). The FCA informs that the implementation period ends on 31 December 2020, until then EU law will continue to apply. UK firms and…
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FCA announced today that HM Treasury appointed Christopher Woolard as Interim Chief Executive. Woolard is currently Executive Director of Strategy and Competition of FCA and an Executive member of the Board. His predecessor Andrew Bailey left the position to become Governor of the Bank of England. FCA Chairman Charles Randell, said: I’m looking forward to…
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It's been quite a busy week for the UK watchdog FCA. The regulator has put out the details of some more unauthorised companies today. The names of the latest additions to the regulator’s warning list are the companies Instant Bond Compare, as well as the clone firms IPO-FX and WVH Ethical. According to the regulator, the fraudsters are…
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The UK regulator FCA announced earlier today that it has imposed a financial penalty in the sum of £91,000 to the company Hall and Hanley Limited (HHL). HHL is a claims management company (CMC) whose registered address was formerly 1st Floor, Building 4, Universal Square, Devonshire Street North, Manchester M12 6JH. With effect from 1…
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The UK Financial Conduct Authority (FCA) just added to its warning list the clone firm Tenaron Capital Management UK. Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: Tenaron Capital Management UK (clone of FCA authorised firm) Telephone: +44 20 3475 0324 Email: [email protected]…
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The UK watchdog FCA has issued some more warnings against unauthorised companies this week. The names of the latest additions to the regulator’s warning list are A.B. Capitals and the clone firm Rabo Olsen Global. According to the regulator, the fraudsters are using or giving out the following details as part of their tactics to scam people…
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The UK watchdog FCA has issued some more warnings against unauthorised companies this week. The names of the latest additions to the regulator’s warning list are Compare ISA deals, Porter Todd Law, Noble Grossart Bank, Kurt Barremaecker. According to the regulator, the fraudsters are using or giving out the following details as part of their…
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The UK regulator FCA has informed earlier that any UK business conducting specific cryptoasset activities falls within scope of the regulations and will need to comply with the regulator's requirements. Cryptoasset businesses are required to identify and assess the risks of money laundering and terrorist financing which their business is subject to. The companies also…
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It's been a crazy busy week for the UK watchdog FCA. The regulator has put out details of more unregulated firms this week. The names of the latest additions to the regulator’s warning list are Trade Ltd, Inovestments, YORK CG, Guaranteed Fixed bonds, Fixed Return Investments, Lincoln FX, The Sovereign Bond Fund. According to the…
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