SVS Administrators Seek FCA Authorization Cancellation
The joint special administrators of SVS Securities are preparing to cancel the now-failed broker’s authorization with the United Kingdom’s financial market regulator, the Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for […]
UK Regulator Clamps Down on 1,400% More Rogue Financial Ads in 2022
The United Kingdom Financial Conduct Authority (FCA) rejected 8,582 financial promotions in 2022 and sought their amendment or removal by authorized firms. This is approximately 1,400% more than the 573 financial promotions the regulator kicked against in 2021. FCA disclosed the figures on Friday in a statement, noting that it published over 1,800 scam alerts […]
UK FCA Warns against Clone of FX Broker Axi
The United Kingdom Financial Conduct Authority (FCA) has issued a warning against ‘AXI Corp Limited’, a clone firm of the registered forex and CFD broker Axi and its sister company, One Financial Markets. The financial markets regulator flagged the clone on Thursday in a warning published on its website. According to the FCA, while the […]
FCA Appoints Aidene Walsh as PSR Chair
The British Financial Conduct Authority (FCA), the country’s financial markets regulator, has confirmed Aidene Walsh’s appointment as the Chair of the Payment Systems Regulator (PSR). Welsh has served as the Interim Chair since April and was recently commissioned for a full three-year term. According to the press release published on Wednesday, Walsh’s appointment was made […]
FCA Financial Ombudsman Manzoor to Serve 2nd Term
Great Britain’s FCA (Financial Conduct Authority) has reappointed Baroness Zahida Manzoor to lead the Financial Ombudsman Service (FOS) as its Chair for a second term, which will run until August 2025. According to the statement published by the FCA on Monday, the reappointment was made by the UK’s regulator Board, followed by the approval of […]
FCA Investigates 3 Money Transfer Firms
The United Kingdom’s Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for […]
UK Charges Ex-Janus Analyst and 4 Others with £1.5M Insider Dealing
The United Kingdom’s Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for […]
Boutique Wealth Manager EXANTE Secures FCA License, Launches in UK
EXANTE, a Cyprus-based boutique wealth management platform, has secured a regulatory license from the UK Financial Conduct Authority (FCA) and has officially launched its services in the country. The boutique brokerage disclosed the developments in a statement shared with Finance Magnates. AloGatewayis a Global payment processing service and solutions provider able to cater to a […]