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Showing 31 - 40 of 62 results for "Financial Conduct Authority"

Crypto scams bite UK

HARRISON WORLEY  |  TUESDAY, 21 MAY 2019
... the United Kingdom lost more than £27 million to cryptoasset and forex scams in the last year. The Financial Conduct Authority is urging UK citizens to be wary of investment scams carried out through "bogus" online trading platforms, after the nation ...

FCA begins financial advice market review

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
... state of the financial advice market to determine how well it is delivering on consumer outcomes. The Financial Conduct Authority is requesting feedback on its two major initiatives that sought to improve the distribution of retail financial services ...

UBS fined $51m for reporting breaches

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... Â£27.6 million ($51.1m) fine for breaching reporting rules stretching nearly a decade. UK regulator the Financial Conduct Authority found UBS did not provide complete and accurate information relating to about 87 million reportable transactions. A further ...

KPMG brings remediation regtech to Australia

HARRISON WORLEY  |  TUESDAY, 5 MAR 2019
... transparency solutions to Australian financial institutions. The firm was founded in 2013 after the Financial Conduct Authority (FCA) took action against the UK finance industry over a host of issues. According to KPMG, Recordsure can help financial ...

ASIC gears up for Brexit

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... in a statement. ASIC said it will enter into new memorandums of understanding (MoU) with the UK's Financial Conduct Authority (FCA). This is because the FCA is set to take over from the European Securities and Markets Authority (ESMA), the overseeing ...

Global Financial Innovation Network launches

KARREN VERGARA  |  FRIDAY, 1 FEB 2019
... committed to supporting innovation in the interest of consumers. Participating members include the: Financial Conduct Authority of the UK, Ontario Securities Commission of Canada, Hong Kong Securities and Futures Commission, Monetary Authority of Singapore ...

New rules for UK retirement income products

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... strict new investing rules, with proposed regulation designed to increase consumer engagement. The Financial Conduct Authority is concerned about consumers moving into drawdown and holding their funds in investments that will not meet their needs, namely ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... Bank of England (BOE); Prudential Regulation Authority (PRA), which is a division of the BOE; and Financial Conduct Authority (FCA). Singapore on the other hand is governed by one regulator - the Monetary Authority of Singapore (MAS). The Royal Commission ...

BEAR should be expanded, ASIC included: Shipton

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
... the BEAR should be expanded to also encompass all ASIC regulated entities, Orr referred to the UK Financial Conduct Authority's similar Senior Managers Regime which FCA staff are also required to adhere to. When questioned whether ASIC would intend to ...

Inside Bennelong and its UK engine room

DARREN SNYDER  |  TUESDAY, 20 NOV 2018
... increased the chances of a disorderly exit, he expects co-operation agreements to be signed with the Financial Conduct Authority (FCA) and European regulators to allow UK based fund managers to continue to manage European domiciled funds. It would be ...