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Promethean Finance Limited tribunal decision

On 5 August 2024, the Upper Tribunal published its decisionLink is external regarding a reference made by Promethean Finance Limited in respect of a Supervisory

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September 17, 2024

Frameworks for effective fraud prevention measures

Introduction Stephen Bush, a columnist for the Financial Times, recently wrote about the reason we have a visceral reaction to being defrauded. It also doubled

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September 17, 2024

City & Merchant Limited enters liquidation

On 11 September 2024, City & Merchant Limited entered liquidation with Dermot Coakley and Shaun Walker of WSM Marks Bloom LLP appointed as joint liquidators.

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September 13, 2024

Firms encouraged to explore new approaches to increase pension engagement

Our new research highlights when and how firms can improve their communications to help consumers to make informed decisions about their retirement savings. Our research

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September 11, 2024

ESAs warn of risks from economic and geopolitical events

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the

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September 10, 2024

FCA charges first individual with running a network of illegal crypto ATMs

The FCA has charged Mr Olumide Osunkoya, who is 45 and resides in London, for unlawfully running multiple crypto ATMs without FCA registration. Crypto ATMs

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September 10, 2024

ASIC to target misconduct in banking and superannuation sectors

ASIC today released its Enforcement and regulatory update (1 January to 30 June 2024), which sets out recent outcomes in enforcement and regulation. In the

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September 9, 2024

FCA sets out temporary measures for firms on ‘naming and marketing’ sustainability rules

We’re offering firms temporary flexibility to comply with ‘naming and marketing’ rules under our Sustainability Disclosure Requirements regime until 2 April 2025. Our Sustainability Disclosure

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September 9, 2024

The FCA’s new listing rules and what’s to come

Key messages We are continuing with our ambitious package of reforms to strengthen the UK’s position in global wholesale markets. After undertaking the biggest change

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September 6, 2024

FCA publishes decisions against 3 individuals, and fines and bans a fourth, for reckless pension transfer advice

The FCA has decided to ban 2 financial advisers and 2 partners at St Martin’s Partners LLP (SMP) from working in financial services, and collectively

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September 6, 2024
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