Showing 1261 to 1270 of 1321 search results.

1261. Two arrested in FCA insider dealing investigation

      Press Releases Published: 02/05/2013 Last modified: 05/04/2023
      On the 30 April the Financial Conduct Authority (FCA) with the assistance of the City of London Police Economic Crime Directorate executed a search warrant in West London.

1262. Former Mortgage Broker Committed to Crown Court for Conducting Unauthorised Business

      Press Releases Published: 02/05/2013 Last modified: 13/05/2013
      On Monday 29 April 2013, Michael Joseph James Lewis of 3 Sedley Close, Rainham, Gillingham, appeared at Medway Magistrates Court in relation to criminal offences brought against him by the Financial Conduct Authority (FCA).

1263. The FCA publishes findings of review into interest-only mortgages and reaches agreement with lenders to contact interest-only borrowers

      Press Releases Published: 02/05/2013 Last modified: 24/11/2021
      The Financial Conduct Authority (FCA) has published its research into consumers’ ability to repay their interest-only mortgages when they mature.

1264. FCA publicly censures Horn Express Ltd (formerly known as Qaran Express Money Transfer Limited) for breaches of the Payment Services Regulations

      Press Releases Published: 30/04/2013 Last modified: 13/05/2013
      The Financial Conduct Authority (FCA) has publicly censured Horn Express Limited (formerly known as Qaran Express Money Transfer Limited, “QEMTL”) for failing to safeguard and segregate customer funds. The FCA would have fined QEMTL £136,687

1265. FCA charges two in relation to an unauthorised investment scheme

      Press Releases Published: 29/04/2013 Last modified: 15/05/2013
      The Financial Conduct Authority (FCA) has charged Alex Hope of Docklands, London and Raj Von Badlo of Bourne End, Buckinghamshire with a total of ten offences relating to an unauthorised investment scheme they promoted and operated. The scheme

1266. Sue Lewis appointed Chair of the Financial Services Consumer Panel

      Press Releases Published: 29/04/2013 Last modified: 29/04/2013
      Sue Lewis has been appointed the new Chair of the independent Financial Services Consumer Panel. The Panel advises the FCA on the interests and concerns of consumers providing constructive challenge to its policymaking process.

1267. FCA sets out new rules for the platforms industry

      Press Releases Published: 26/04/2013 Last modified: 29/04/2013
      The Financial Conduct Authority has published rules to make the way that investors pay for platforms more transparent. In the future, platforms, in both the advised and non-advised market, will not be allowed to be funded by payments (commonly

1268. FCA fines EFG Private Bank £4.2m for failures in its anti-money laundering controls

      Press Releases Published: 24/04/2013 Last modified: 29/11/2021
      The Financial Conduct Authority (FCA) has fined EFG Private Bank Ltd (EFG) £4.2 million for failing to take reasonable care to establish and maintain effective anti-money laundering (AML) controls for high risk customers. The failings were serious

1269. Santander UK to contact more than 270,000 borrowers after raising cap on mortgage standard variable rate in 2008 without being clear

      Press Releases Published: 19/04/2013 Last modified: 09/12/2016
      The Financial Conduct Authority (FCA) has reached an agreement with Santander UK plc (Santander) that will see it contact over 270,000 mortgage customers about unclear information it gave before increasing the cap on its mortgage standard variable

1270. FCA publishes its approach to regulatory failure

      Press Releases Published: 18/04/2013 Last modified: 23/11/2021
      The Financial Conduct Authority (FCA) has today published its approach to investigating and reporting on regulatory failure, as required by the Financial Services Act 2012 (the Act). The Act requires the FCA to publish a statement of policy setting