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Showing 41 - 50 of 117 results for "FCA"

ACCC approves Dye & Durham, Link deal

JAMIE WILLIAMSON  |  FRIDAY, 9 SEP 2022
... Central Bank of Ireland but is awaiting approvals from the Foreign Investment Review Board, the UK Financial Conduct Authority ("FCA") and the Luxembourg Commission de Surveillance du Secteur. The acquisition was approved by Link's shareholders last ...

UK regulator confirms Consumer Duty

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... themselves against these requirements and demonstrate they have taken reasonable steps to meet them, making it easier for the FCA to identify those that aren't meeting the Duty and take action. "The current economic climate means it's more important ...

UK regulator appoints Camille Blackburn to leadership team

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
The Financial Conduct Authority (FCA) is bolstering its leadership team with six new appointments, including former ASIC and Westpac senior executive Camille Blackburn as director of wholesale buy-side. Blackburn will join the FCA in October from Legal ...

UK regulator introduces diversity rules for listed entities

JAMIE WILLIAMSON  |  THURSDAY, 21 APR 2022
... next year. The rules will be reviewed in three years' time to ensure progress and that set targets are still relevant, the FCA said. "This approach allows flexibility for smaller firms or those based overseas. The rules also allow companies to decide ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... redemption requests. At the time, GAM gave little to no detail as to what the "gross misconduct" investigated involved, however the FCA did in handing down its penalties. According to the FCA, the conflicts of interest arose from three transactions ...

Longo's ASIC less aggressive: Report

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
... Australia's softening regulatory approach is out of line with what is happening overseas. The UK's Financial Conduct Authority (FCA) announced that it intends to test its powers to the limit and use criminal powers, taking on a bolder appetite in dealing ...

Fund managers failing value assessments: FCA

KARREN VERGARA  |  THURSDAY, 8 JUL 2021
... many AFMs often made assumptions that they could not justify to us, undermining the credibility of their assessments," the FCA said. Other managers did not meet the FCA's standards by having poorly designed processes and ultimately did not complete ...

UK bans crypto exchange Binance

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
... claims to be the biggest Bitcoin exchange and alt-coin cryptocurrency exchange in the world by volumes traded. However, the FCA has warned consumers to stay away. The regulator said it was aware that the company is offering UK consumers a range of products ...

Multi-boutique adds partner

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... London-based private markets manager. Pacific Current Group (PAC) has received approval from UK's Financial Conduct Authority (FCA) to invest in Astarte Capital Partners, after entering a purchase agreement on December 24. PAC is paying GBP4.4 million ...

Ignition Advice enters UK market

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
... firms," Miles said. "As part of the move into the UK, we are further localising all products for the UK market, over layering UK FCA regulatory standards to meet the needs of British clients." David Hempson will join the company as its new business development ...