Showing 1 to 10 of 407 search results for Enforcement and Market Oversight.

1. PwC fined £15 million for failing to alert the FCA to suspected fraudulent activity at London Capital & Finance plc

   Press Releases Published: 16/08/2024 Last modified: 16/08/2024
   The FCA has fined PricewaterhouseCoopers LLP (PwC) for failing to report to the regulator their belief that London Capital & Finance plc (LCF) might be involved in fraudulent activity. This is the first time the FCA has fined an audit firm.

2. FCA censures auditor for failings in client asset reports

   Press Releases Published: 15/08/2024 Last modified: 15/08/2024
   The FCA has censured the auditor Macintyre Hudson for failing to prepare client asset reports to the required standard.

3. FCA fines FXTB for unfair customer treatment practices 

   Investments Press Releases Published: 14/08/2024 Last modified: 14/08/2024
   Cypriot contract for differences firm Forex TB Limited has been fined £276,100 for failing to treat its customers fairly.

4. FCA fines and bans Martin Sarl for dishonest and reckless conduct 

   Consumers Press Releases Published: 14/08/2024 Last modified: 14/08/2024
   We have banned Martin Sarl from working in the financial services industry and fined him £5,021 for acting without honesty and integrity.

5. H2O will pay €250 million to investors following FCA investigation

   Press Releases Published: 07/08/2024 Last modified: 07/08/2024
   Asset manager H2O AM LLP (H2O) will pay €250 million to investors unable to access their funds since 2020, following an investigation by the FCA.

6. Unauthorised mortgage broker and others ordered to pay £4m by High Court

   Press Releases Published: 05/08/2024 Last modified: 05/08/2024
   The FCA has secured an order of £4m against an unauthorised mortgage broker and its associates who exploited vulnerable consumers.

7. FCA takes first enforcement action against firm enabling cryptoasset trading

   Press Releases Published: 25/07/2024 Last modified: 25/07/2024
   CB Payments Limited (CBPL) has been fined £3,503,546 by the FCA for repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers.

8. Teamwork: A Smart way to tackle financial crime

   Speeches Published: 26/06/2024 Last modified: 26/06/2024
   Speech by Steve Smart, FCA joint executive director of enforcement and market oversight, delivered at the Financial Services Investigations and Enforcement Summit.

9. FCA takes action against three individuals from SVS Securities for mistreatment of pension funds

   Press Releases Published: 24/06/2024 Last modified: 24/06/2024
   Bonds into which they were invested by SVS have since defaulted, with customers unlikely to receive more than a fraction of their investment back.

10. Two arrests connected to suspected illegal £1 billion cryptoasset business 

    Press Releases Published: 20/06/2024 Last modified: 20/06/2024
    The FCA, working with the Metropolitan Police Service, has conducted an operation to arrest 2 individuals, aged 38 and 44, suspected of running an illegal cryptoasset exchange.