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FCA under pressure to abandon plans to name firms in UK deterrence drive

Britain’s top financial regulator on Monday faced mounting pressure to abandon its plan to “name and shame” companies under investigation, with claims the move would undermine the City of London and ... read more

FCA ponders extension of anti-greenwash rules to cover investment portfolio managers

The UK’s Financial Conduct Authority (FCA) is consulting on plans to extend anti-greenwash guidance and standards for asset managers to also cover investment portfolio managers. read more

Industry welcomes FCA’s anti-greenwashing guidance but will need to ‘rush’ to meet 31 May deadline

The industry has welcomed the Financial Conduct Authority (FCA)’s guidance on its rapidly approaching anti-greenwashing rule, but some said firms will be caught off guard as they were hoping for a ... read more

UK FCA sues Lee Steven Maggs for FX scam Kube Trading

Kube Trading' allegedly received around £2.67 million for FX trading and concealed significant losses from investors. read more

FCA releases proposals to expand SDR to wealth managers

The regulator has made adjustments to requirements for portfolio management services following industry feedback ... read more

UK banks criticise FCA plans to publicly name firms under investigation

A trade association representing 300 UK banks and financial services firms has criticised plans by the Financial Conduct Authority (FCA) to publicly name firms under investigation. read more

UK FCA’s ‘name and shame’ plans face backlash; Basel Committee probes AT1 securities’ viability

The Basel Committee on Banking Supervision has held a series of high-level discussions with key stakeholders in the banking sector to evaluate the viability of AT1 securities, a type of debt that was ... read more

UK finance watchdog should not publicise probes sooner, lawmakers say

Britain's financial watchdog should drop plans to publicise on-going enforcement actions earlier, a committee of lawmakers from the UK's upper parliamentary chamber said on Monday. read more

UK FCA provides guidance ahead of anti-greenwashing rule

The Financial Conduct Authority (FCA) has reminded the financial industry ahead of the anti-greenwashing rule coming into force on 31 May. read more

UK Regulator Plans to Broaden Scope of ESG Investing Regulations

The UK’s Financial Conduct Authority is planning to expand the scope of its ESG investment rules from fund management to a broader range of portfolios including those focused on private and wealth ... read more

FCA confirms anti-greenwashing guidance and proposes extending sustainability framework

Ahead of the anti-greenwashing rule coming into force on 31 May, the Financial Conduct Authority (FCA) is supporting industry with guidance to help them meet the standard. The new rule is designed to ... read more

Protecting Crypto Users Is More Important Than Faster UK Registration: FCA Executive

The FCA, which is the country's main crypto regulator, has been processing registrations for crypto firms wishing to operate in the country and comply with its money laundering rules since 2020. Over ... read more