In October 2014 Plus500 UK wrote to the FCA requesting to freeze individual customer accounts where adequate documentation and verification had not been received
Read moreBritish financial markets regulator, the FCA, has appointed Hong Kong Securities and Futures Commission executive Mark Steward as Director of Market Oversight, and Santander Managing Director Barbara Frohn as Director of Risk and Compliance Oversight
Read moreLeapRate has been provided with a letter to a Plus500 customer, explaining that his trading account which was originally opened and operated by the firm's London based, FCA regulated operations, has been transferred to Plus500's CySec regulated operations in Limassol, Cyprus
Read moreThe combined penalties issued to Barclays and Deutsche Bank, at £511 million, make up the lion’s share of the £696.6 million total for the year to date, representing nearly half of the £1.4 billion reaped last year, however the FCA considers it very unlikely that it will be able to match that in the second half of the year
Read moreAt market close today, one share in the retail FX and CFD broker traded at 248p, down 35% from the previous market close.
Read moreTrading in shares of the broker resumed at 13:15 (London time), as the company published another announcement clarifying the situation around the processing of client actions and account freezing.
Read moreThe official statement the company published yesterday has obviously failed to stem the drop in share prices.
Read moreThe AML procedures have affected only customers of the UK business and the broker is in talks with the FCA over the new rules implementation.
Read moreAETOS now holds an FCA license with variation of permission (VOP) to hold clients' money.
Read moreThe UK regulator says the broker is a clone of an authorized business, which is primarily involved in personal pension schemes.
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