Tag: UK Forex

October 31, 2013 BY Gerald Segal

UK forex brokers concerned about influx of other EU 'MiFID' brokers

The regulatory system allowing financially regulated companies to register cross-border in the EU has UK players worried. An interesting article in today's Financial Times points out that many established UK-based, FCA-regulated brokers are concerned about the growing number of 'passport' brokers from other EU countries setting up shop in London. The article points out that 45…

Read more
July 09, 2013 BY Gerald Segal

FCA celebrates 100 days as UK regulator, with a mission statement

Martin Wheatley, FCA CEO, declares that the FCA is 'a very different animal' than its predecessor the Financial Services Authority (FSA). Today (Tuesday July 9) marks 100 days since the UK's Financial Conduct Authority (or 'FCA') came into being, replacing the Financial Services Authority (or 'FSA') as the main financial regulator in the UK, including…

Read more