The Financial Conduct Authority (FCA) has today launched a market study to consider whether competition in the mortgage sector can be improved to benefit consumers. The FCA wants to understand whether consumers are empowered to choose on an informed basis between products and services and are in a position to understand whether these represent good…
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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 Novostar Finance Co Ltd. Novostar Finance Co Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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Continuing a busy week for UK regulator the FCA, in which it has already shaken the online trading market by introducing stricter rules for CFD trading, the FCA has given an update on the post-implementation review of the loan-based and investment-based crowdfunding market. UK watchdog's earlier call for input raised a number of issues for…
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San Francisco-headquartered OANDA, the popular globally regulated multi-asset broker, today made note of the Financial Conduct Authority’s (FCA) consultation paper published yesterday, December 6, 2016, and states that it supports any changes that improve the long-term trading experience for clients. Yesterday, The UK’s Financial Conduct Authority (FCA) issued directives proposing stricter rules for firms selling…
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The UK’s Financial Conduct Authority (FCA) and the Hong Kong Monetary Authority (HKMA) have entered into a Co-operation Agreement (Agreement) to foster collaboration between the two regulatory authorities in promoting financial innovation. According to the Agreement, the FCA and the HKMA will closely collaborate on a number of initiatives such as referrals of innovative firms,…
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CFD leverage will be capped at 25x for new traders, and 50x for all traders.
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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 Kojima Ventures. Kojima Ventures is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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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 Miyake Gould Mergers and Acquisitions. Miyake Gould Mergers and Acquisitions is not authorised by the FCA but has been targeting people in the UK and is…
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The Financial Conduct Authority (FCA) has today published the third and final ‘sunlight remedy’ data set, showing the lowest interest rates available from 32 providers of cash savings accounts and easy access cash ISAs. This is part of the FCA’s work to shine a light on firms’ strategies towards their long-standing customers. The sunlight remedy…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Algo Capitals. Canada’s leading securities regulator, the Ontario Securities Commission (OSC), has already issued a warning against UK-based Algo Capitals Limited, operating as AlgoCapitals. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that…
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