A flurry of important updates began with the closure of a £3.5m deal for Synaptic Software. The acquisition was announced in early December and has been pending FCA approval. Now the green light has been given. The deal is quite a coup for Fintel as Synaptic already serves thousands of financial advisers with its compliance…
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The platform was permitted entry to the registry on Tuesday and was approved by noon on Wednesday to engage in certain cryptoasset activities as stated by the FCA. Recently, the FCA declared that companies offering crypto services in the UK must be approved for registration and comply with the FCA's anti-money laundering rules, or charges…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Essential loans. 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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The Hong Kong Securities and Futures Commission (SFC) has entered into a memorandum of understanding (MoU) with the UK Financial Conduct Authority (FCA) providing for consultation, cooperation and exchange of information in connection with the supervision and oversight of regulated entities that operate on a cross-border basis in Hong Kong and the United Kingdom. The…
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The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, has today responded to the UK Financial Conduct Authority's (FCA) Discussion Paper on Distributed Ledger Technologies (DLT). The response summarised the WFE's position on the issue of DLT: The WFE is encouraged by regulators such as the…
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