Tag: FCA

fca crypto regulation
May 24, 2017 BY LeapRate Staff

FCA secures eight confiscation orders totaling £2.2 million

UK financial regulator The FCA has announced that the Central Criminal Court has made confiscation orders against the two final defendants who were convicted of offences following one of the FCA’s largest investigations into unauthorised activity. The FCA’s investigation, known as Operation Cotton, led to eight convictions and this week’s orders mean a total of £2,195,496…

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April 26, 2017 BY Valentina Kirilova

FCA publishes first set of data under new complaints rules

The Financial Conduct Authority (FCA) has published data on the number of complaints reported by firms under new rules which came into force on 30 June 2016. The total number of complaints reported by firms in the second half of 2016 was 3.04 million. This number is higher than previous reporting periods because under the…

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fca clone firm
April 18, 2017 BY Valentina Kirilova

FCA warns against Loans Factor clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loans Factor. 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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April 10, 2017 BY Valentina Kirilova

FCA and PRA commence investigations into Jes Staley and Barclays

Barclays PLC and Barclays Bank PLC (LON:BARC) just announced that the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have commenced investigations into: Jes Staley, Group Chief Executive Officer of Barclays, as to his individual conduct and senior manager responsibilities relating to Barclays whistleblowing programme and an attempt by Mr Staley in 2016 to…

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April 06, 2017 BY Valentina Kirilova

FCA warns against Matchpoint Finance PLC clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Matchpoint Finance PLC. 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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April 04, 2017 BY Valentina Kirilova

FCA warns against The Loan Expert clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm The Loan Expert / www.theloan.expert. 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…

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April 03, 2017 BY Valentina Kirilova

FCA proposes new rules for credit card firms

The Financial Conduct Authority (FCA) proposed new rules to help customers who are in persistent credit card debt. This follows the FCA’s study of the UK credit card market, which found significant concerns about the scale, extent and nature of problem credit card debt. Under the FCA’s definition, credit card customers are in persistent debt…

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March 31, 2017 BY Valentina Kirilova

FCA publishes near final rules on MiFID II

The Financial Conduct Authority (FCA) has today published near final rules on the implementation of the Markets in Financial Instruments Directive (MiFID) II. These include changes to the trading of financial instruments including issues affecting trading venues, transparency of trading and algorithmic and high frequency trading. The FCA is also providing an update on the…

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