The FCA seeks a declaration that the Defendants have contravened, or been knowingly concerned in, contraventions of sections 19 and 21 of the Financial Services and Markets Act 2000 (FSMA). The FCA also seeks a restitution order against the Defendants under s. 382 FSMA enabling the orderly return of consumer funds and holding the Defendants liable to pay any shortfall in those funds, together with an injunction under s. 380 FSMA restraining the Defendants from future contraventions.
Speaker: Christopher Woolard, Executive Director of Strategy and CompetitionLocation: UKCN conference, LondonDelivered on: 1st October 2018 Highlights: The FCA has been at the forefront of recognising the value of testing interventions and was one of the first global regulators to set up a dedicated behavioural economics team. Testing helps us design better, more effective regulation by showing […]
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 […]
For general insurance firms, we are offering the following events: Interactive workshops with a focus on working to prevent harm Q&A roundtables with a panel of FCA and industry representatives Registration is now open for these events in September to December 2017. We are also planning two presentations in our London office in the autumn […]