Showing 221 to 230 of 512 search results for enforcement action.

221. FCA introduces final rules on the Directory of financial services workers

     Press Releases Published: 08/03/2019 Last modified: 08/03/2019
     The Financial Conduct Authority (FCA) has today announced the final rules on the Directory - a new public register that enables consumers, firms and other stakeholders to find information on key individuals working in financial services.

222. FCA takes action for contempt of court

     Press Releases Published: 04/03/2019 Last modified: 04/03/2019
     On Friday 1 March, The High Court of Justice sentenced Robert John McKendrick to 6 months imprisonment for contempt of court. Mr McKendrick had diverted funds and failed to disclose information about his assets in breach of freezing injunctions

223. Joint statement by UK and US authorities on continuity of derivatives trading and clearing post-Brexit

     Press Releases Published: 25/02/2019 Last modified: 25/02/2019
     Market participants can be assured of the continuity of derivatives trading and clearing activities between the UK and US, after the UK’s withdrawal from the EU, following this joint statement by the Bank of England including the Prudential

224. FCA issues its first decision under competition law

     Press Releases Published: 21/02/2019 Last modified: 21/02/2019
     The Financial Conduct Authority (FCA) has today issued a decision which finds that 3 asset management firms breached competition law. This is the FCA’s first formal decision under its competition enforcement powers.

225. Market abuse requires a dynamic response to a changing risk profile

     Speeches Published: 13/02/2019 Last modified: 17/05/2019
     you must ensure appropriate systems and controls are in place, then there is the potential that this behaviour increases rather than decreases, raising the risk of regulatory action and a damaging ... We look forward to swift and effective action being

226. FCA warns public of investment scams as over £197 million reported losses in 2018

     Press Releases Published: 06/02/2019 Last modified: 11/04/2024
     The FCA warns investors to be vigilant to the threat posed by investment scammers, as data from Action Fraud reveals over £197 million reported losses in 2018.

227. FCA fines former fund manager Paul Stephany

     Press Releases Published: 05/02/2019 Last modified: 05/02/2019
     The Financial Conduct Authority (FCA) has fined Paul Stephany, a former fund manager at Newton Investment Management Limited, £32,200 for his conduct in relation to an Initial Public Offering (IPO) and a placing.

228. Manraj Virdee sentenced to 2 years for illegally operating an investment scheme and fraud

     Press Releases Published: 05/02/2019 Last modified: 05/02/2019
     In a case brought by the Financial Conduct Authority (FCA), Manraj Virdee was yesterday sentenced at Southwark Crown Court to a 2 year prison sentence suspended for 2 years and he was further ordered to carry out 300 hours of unpaid work in the

229. Brexit – what we expect firms and other regulated persons to do now

     Statements Published: 01/02/2019 Last modified: 31/01/2020
     The Treasury has published draft legislation that would temporarily empower the FCA and the Bank of England/Prudential Regulation Authority (PRA) to make transitional provisions if the UK leaves the EU without an agreement in place. We intend to use

230. Darren Newton banned from working in the financial services sector

     Press Releases Published: 20/12/2018 Last modified: 20/12/2018
     The Financial Conduct Authority (FCA) has today banned Darren Lee Newton from working in the financial services sector. The FCA discovered Mr Newton used customers’ money for the purchase of the debt management firm, First Step Finance Limited.