£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…
UK FCA to Boost Crypto Market Abuse Detection, Develop Regulations
Key Insights The UK’s FCA will boost surveillance capabilities to detect crypto market abuse and manipulation The watchdog plans to…
FCA Greenlights Portofino for UK Crypto Asset Trading
Key Insights Portofino’s UK unit registered as crypto firm by UK regulator FCA, allowing institutional dealings Joins handful of crypto…
UK FCA Fines, Bans Ex-London Capital Compliance Chief £31,800
Key Insights UK FCA fines and bans ex-London Capital & Finance director Floris Huisamen £31,800 for approving misleading mini-bond promotions…
Binance Bid to Re-Enter UK Market Hits Regulatory Roadblocks
Key Insights Binance struggling to find approved UK partner needed to relaunch operations At least 3 potential firms have rejected…
OKX Bows to UK FCA, Sets New Crypto Risk Rules
Key Insights OKX implementing strict new crypto trading rules for UK users from Jan 8 Investors must pass risk questionnaires…