FCA News

Gatco Bank PLC

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us. However, some firms act without our authorisation and some knowingly run investment scams.  This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we […]

FCA News

Our work on Defined Benefit Pension Transfers

The number of consumers transferring from DB schemes to personal pensions has significantly grown over the past year. We are looking at how advisory firms have adapted their business models and processes in response to these changes in the market. We have also focussed on the risk of harm to consumers leaving their DB schemes. […]

FCA News

Lend Mutual (clone of FCA authorised firm)

Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm. This is what we call a ‘clone firm’; and fraudsters usually […]

FCA News

Andrew Bailey speech on Free Trade in Financial Services matters

Speaker: Andrew Bailey, Chief ExecutiveEvent: The Official Monetary and Financial Institutions Forum  Delivered: 29 September 2017Note: this is the speech as drafted and may differ from the delivered version Highlights We can learn lessons by putting the issues around Brexit into a historical context. Common regulatory standards are a necessary condition for free trade in finance. There are […]

FCA News

Lucky Travel Money

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us. However, some firms act without our authorisation and some knowingly run investment scams.  This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we […]

FCA News

Myfinance

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us. However, some firms act without our authorisation and some knowingly run investment scams.  This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we […]

FCA News

Where next for investment and asset management regulation?

Speaker: Megan Butler, Executive Director of Supervision – Investment, Wholesale and SpecialistsLocation: FT Investment Management Summit Europe 2017Delivered on: 28 September 2017 Key points: The importance of the investment community to the UK and its role in supporting the FCA Mission. Introduction of the Asset Management Authorisation Hub to support new entrants navigate regulatory requirements. Acknowledge the […]

FCA News

FCA statement on the Work Plan for ESMA opinions on pre-trade transparency waivers and commodity position limits

Pre-trade transparency waivers On 28 September 2017, ESMA issued a public statement regarding the joint work plan of ESMA and NCAs for opinions on MiFID II pre-trade transparency waivers. The statement explains that, while ESMA intends to finalise the opinions on equity waivers by the end of 2017, due to the high number and complexity […]