Tag: FCA

February 16, 2017 BY Valentina Kirilova

FCA finds new evidence on liquidity in the UK corporate bond market

Liquidity in the UK corporate bond market has declined recently but still seems relatively healthy, according to analysis by Felix Suntheim from our Chief Economist’s Department and Matthew Allan from the Financial Conduct Authority's Markets Policy Department. New data suggests there has been a decline in liquidity in the UK’s corporate bond market over the…

Read more
February 14, 2017 BY Valentina Kirilova

FCA reviews effectiveness of UK primary capital markets

The Financial Conduct Authority (FCA) has today published a Discussion Paper which seeks feedback on how the UK primary capital markets can most effectively meet the needs of issuers and investors. The UK’s primary capital markets support the wider economy by bringing together investors seeking investment opportunities, and issuers wanting to access capital to finance…

Read more
February 08, 2017 BY Valentina Kirilova

FCA opens discussion on regulatory approach to open-ended funds investing in illiquid assets

The Financial Conduct Authority (FCA) has published a Discussion Paper which seeks stakeholder views on the practice of investing in illiquid assets through open-ended funds and the challenges that can pose to managers and investors. Illiquid assets in the context of this Paper may include land and buildings, infrastructure and financial assets such as unlisted securities.…

Read more
February 01, 2017 BY Valentina Kirilova

FCA and PRA publish final changes to enhance enforcement decision-making processes

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have just published final changes in a Policy Statement (PS) aimed at strengthening the transparency and effectiveness of their enforcement decision-making processes. The consultation and policy recommendations covered the full lifecycle of an investigation. The FCA and PRA have made, or are making, changes…

Read more
January 31, 2017 BY Valentina Kirilova

FCA fines Deutsche Bank £163 million for serious anti-money laundering controls failings

The Financial Conduct Authority (FCA) has fined Deutsche Bank AG £163,076,224 for failing to maintain an adequate anti-money laundering (AML) control framework during the period between 1 January 2012 and 31 December 2015. This is the largest financial penalty for AML controls failings ever imposed by the FCA, or its predecessor the Financial Services Authority…

Read more
January 24, 2017 BY Valentina Kirilova

FCA warns on Business Grants and Loans firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Business Grants and Loans. Business Grants and Loans is not authorised by the FCA but has been targeting people in the UK and is also carrying…

Read more
January 24, 2017 BY Valentina Kirilova

FCA warns on clone firm of UK Fast Loan

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm UK Fast Loan. 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…

Read more
fma scam alert
January 24, 2017 BY Valentina Kirilova

FCA warns pension scheme operators of evolving scams risks

The FCA warned that pension scheme operators are at risk from smarter scams. This alert highlights some of the risks arising from authorised firms failing to carry out appropriate due diligence on investment offerings. While aimed primarily at pension scheme operators, it will also be of interest to financial advisers and those providing discretionary fund…

Read more