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FCA secures £533,000 to return to investors

The FCA has recovered funds from an unauthorised deposit-taking scheme operated by Bright Managment Solution Limited [sic] and others. Investors will receive money back totalling

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April 23, 2024

FCA confirms anti-greenwashing guidance and proposes extending sustainability framework

Ahead of the anti-greenwashing rule coming into force on 31 May, the FCA is supporting industry with guidance to help them meet the standard. The

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April 23, 2024

Start preparing now: Early ASIC guidance on the mandatory climate disclosure regime

Check against delivery More than 6,000 entities will be required to report under new climate-related disclosure requirements in the next few years. They need to

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April 23, 2024

No-action position on financial reporting obligations of special purpose financing subsidiaries and their guarantors

In response to stakeholder feedback, ASIC has adopted a no-action position on the financial reporting obligations of special purpose financing subsidiaries or other wholly-owned subsidiaries

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April 23, 2024

Individual charged with investment fraud over unauthorised multimillion pound ‘Kube Trading’ scheme

The Financial Conduct Authority (FCA) has launched criminal proceedings against Lee Steven Maggs of Sittingbourne, Kent, for 2 counts of fraud and 1 count of

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April 23, 2024

ESMA proposes changes to ELTIF Technical Standards

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has responded to the European Commission request on amendments to the

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April 22, 2024

Navigating the UK’s Digital Regulation Landscape: Where are we headed?

Introduction In 2000, the 4 biggest US corporations by market value were General Electric (founded in 1892), Exxon Mobil, drilling for oil since 1911, Pfizer

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April 22, 2024

‘Big Tech a priority’ says FCA Chief Executive

In a speech delivered today, the FCA’s Chief Executive Nikhil Rathi announced the regulator’s plans to examine how Big Tech firms’ unique access to large

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April 22, 2024

FCA looks for members for its advisory committee on secondary markets

The Financial Conduct Authority (FCA) is looking for expressions of interest from market participants to join our advisory committee. The committee was established in 2022

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April 22, 2024

FCA cancels KBFS Financial Limited’s authorisation

We have cancelled the permissions of KBFS Financial Limited (KBFS), preventing them from providing any financial services. KBFS failed to engage with us in an

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April 22, 2024
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