The FCA is aware that some firms are offering investments in cryptoassets, or lending or investments linked to cryptoassets, that promise high returns. Investing in cryptoassets, or investments and lending linked to them, generally involves taking very high risks
Read More »Brexit countdown for UK financial services sector
With one week to go until the end of the Brexit transition period, the FCA is urging financial services companies to ensure they are ready.
Read More »FCA fines Charles Schwab UK £8.96 million over safeguarding and compliance failures
FCA has fined Charles Schwab UK Ltd (CSUK) £8.96 million for failing to adequately protect client assets, carrying out a regulated activity without permission and making a false statement to the FCA.
Read More »FCA establishes Temporary Registration Regime for cryptoasset businesses
FCA has established a Temporary Registration Regime to allow existing cryptoasset firms, who have applied to be registered with the FCA, to continue trading.
Read More »Wirecard can resume regulated activity
On 29 June 2020, the FCA provided written consent to allow Wirecard to resume issuing e-money and providing payment services. The restriction on activities will lift at 00.01 on 30 June 2020.
Read More »FCA bars Cypriot firms that used unauthorised celebrity endorsements
The FCA has taken action to stop four Cypriot investment firms from continuing to offer high risk contracts for difference (CFDs) to UK investors.
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