12% of UK Adults Now Own Cryptocurrency, FCA Study Reveals
Key Insights The UK FCA reports cryptocurrency ownership has increased to 12% of adults, with average holdings rising to £1,842.…
UK’s FCA Finds Mixed Compliance in Crypto Firms’ Marketing Practices
Key Insights FCA review of crypto firms’ compliance with financial promotion rules finds both good practices and significant shortcomings. Regulator…
Kuwait’s NCM Financial Secures UK FCA License, Eyes Expansion
Key Insights NCM Financial obtains FCA license for its UK subsidiary, NCM Financial UK Ltd. NCM injects £3.75 million into…
UK FCA Fines Coinbase Unit £3.5 Million for Compliance Failures
Key Insights UK’s FCA fines Coinbase subsidiary CBPL £3.5 million for breaching high-risk customer restrictions CBPL onboarded 13,416 high-risk customers…
FX Broker LCG Resumes Operations After Parent Company Bankruptcy
Key Insights London Capital Group resumes normal operations and client onboarding after temporary halt due to parent company FlowBank’s bankruptcy.…
£350,000 in Fines: FCA Punishes SVS Securities Execs for Mismanaging Pensions
Key Insights UK financial watchdog has fined three former SVS Securities executives over £350,000 and issued bans for mismanaging customer…
UK FCA Warns of Clone Firm Impersonating Admiral Markets
Key Insights The UK’s FCA has warned against a clone firm impersonating regulated broker Admiral Markets UK Ltd. The fraudulent…
HSBC Fined £6.3 Million by UK Watchdog Over Arrears Failings
Key Insights The UK’s FCA fined HSBC £6.28 million for failing to properly consider customers’ circumstances when they fell into…
UK FCA Fines Citigroup $46 Mln after $1.4 Bln ‘Fat Finger’ Error
Key Insights The UK’s FCA fined Citigroup $46 million over a $1.4 billion “fat finger” trading error that sent equities…
FCA Recovers £1.6 Million from Argento to Compensate Scheme Investors
Key Insights The FCA secured a £1.6 million settlement from Argento Wealth Ltd (AWL) and its director Daniel Willis over…