RSS Blog Updates From cointelegraph
RSS Blog Updates From FCA
  • Update on debt packager proposals
    In November 2021, we consulted (CP 21/30) on new rules to ban debt packagers from receiving fees or other remuneration for referrals to debt solution providers. Following analysis of the feedback we received, we decided to gather some additional evidence from the debt packager market to supplement our existing evidence base. Following the completion of […]
    FCA
  • Hartley Pensions update
    We previously provided an update on Hartley Pensions Limited in July notifying consumers that the firm had entered administration, and Peter Kubik and Brian Johnson of UHY Hacker Young LLP had been appointed as joint administrators. The joint administrators have written to consumers explaining the steps they are taking in the administration, and further information […]
    FCA
  • FCA issues Final Notice to former CEO for anti-money laundering failings
    The Financial Conduct Authority has publicly censured Mohammad Ataur Rahman Prodhan, the former Chief Executive Officer of Sonali Bank (UK) Limited (SBUK) for anti-money laundering (AML) failings. Mr Prodhan was the senior manager at SBUK with responsibility for the establishment and maintenance of effective AML systems and controls. Between 7 June 2012 and 4 March […]
    FCA
  • FCA concerned about problem behaviours linked to trading app design
    The Financial Conduct Authority (FCA) has warned stock trading app operators to review design features, including those with game-like elements, which risk prompting consumers to take actions against their own interest. Features include sending frequent notifications with the latest market news and providing consumers with in-app points, badges and celebratory messages for making trades. The […]
    FCA
  • Date set for trial against 5 individuals involved with Worthington Group plc
    The trial date for Aidan Earley, Douglas Ware, Richard Spurway, Allan Biggar and Wulstan Earley has been set for 2 September 2024. The trial is expected to last around 4 months. The FCA launched a criminal investigation into market abuse and market manipulation in April 2016, following the suspension of Worthington Group plc’s shares from […]
    FCA