RSS Blog Updates From cointelegraph
RSS Blog Updates From FCA
  • FCA resolves High Court proceedings in relation to unauthorised deposit taking
    Mr Mohammed Kabir has agreed to orders to resolve proceedings brought by the Financial Conduct Authority (FCA) relating to an unauthorised deposit taking scheme operated by Bright Managment Solution Limited [sic] (Bright Management) which has avoided a trial that was due to start in June 2022. The FCA began court proceedings in December 2019 against […]
  • FCA tells lenders to support consumers struggling with the cost of living
    The Financial Conduct Authority (FCA) is today writing to more than 3,500 lenders to remind them of the standards they should meet as consumers across the country are affected by the rising cost of living. With household bills expected to continue to rise into the autumn, it is important that firms act now to make […]
  • Richard Lloyd becomes Interim Chair of the FCA
    Richard Lloyd OBE has become Interim Chair of the Financial Conduct Authority, as previously announced on 4 February 2022. He takes over from Charles Randell CBE, who stood down yesterday after four years as Chair. Richard will act as Chair until HM Treasury appoints a permanent successor. A recruitment process is underway. Notes to editors […]
  • FCA fines guarantor lender TFS Loans Ltd (in administration) and requires it to provide redress to affected guarantors
    TFS Loans Ltd (in administration) has been fined £811,900 by the Financial Conduct Authority (FCA) in relation to deficient affordability checks on 3,150 guarantors in its consumer credit business. The FCA has also imposed a requirement on TFS to redress the guarantors that were harmed by the firm not conducting appropriate checks. TFS offered guarantor […]
  • FCA appoints members for new Secondary Markets Advisory Committee
    We have appointed the members of our new advisory committee on secondary markets for a period of two years until 1 June 2024. Secondary Markets Advisory Committee members: Alex Skrine (Director of Electronic Trading at Winterflood Securities) Christopher Murphy (Co-founder & CEO at Ediphy Group) Daniel Mayston (Managing Director, EMEA Head of Electronic Trading and […]