Market news, analysis & forecast powered by

Preview Mode

FM Home
> United kingdom
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
OctaTrader in 2024: A Client-focused Evolution of a Trading Thought Leadership

united-kingdom

Search for a tag
Retail FX

UK Court Closes Down Genesis11, Says Online Broker Is Unregulated

  • At least seven investors lost £263,000.
  • The Official Receiver of the Public Interest Unit has been appointed as the liquidator.
Monday, 18/07/2022 | 14:35 GMT by Solomon Oladipupo
Executives

UK Regulator FCA Appoints Six Directors to Bolster Three-Year Plan

  • The directors are to help the FCA deliver on its three-year plan.
  • The plan seeks to prevent harm, set higher standards and promote competition.
Tuesday, 05/07/2022 | 17:31 GMT by Solomon Oladipupo
News

UK Firm Transact365 Achieves 300% Year-on-Year Growth

  • Its chargeback ratio stands at 0.004%.
  • The growth is recorded in its third year of European operations.
Wednesday, 29/06/2022 | 19:42 GMT by Felipe Erazo
Retail FX

Britons Lost over £1.3 Billion to Online Scams in 2021

  • There was a jump of 39 percent in authorized push payment (AAP) fraud.
  • Scammers took advantage of the pandemic to trap victims.
Wednesday, 29/06/2022 | 11:00 GMT by Arnab Shome
FinTech

Tax Violation: FCA Opens Investigation on Wise’s CEO after £365k Fine

  • In September 2021, the FCA listed Kaarmann as one of several 'deliberate tax defaulters'.
  • Wise will fully cooperate with the FCA, report says.
Monday, 27/06/2022 | 13:53 GMT by Solomon Oladipupo
News

Tether to Launch GBP-Pegged Stablecoin

  • The new stablecoin will be pegged to GBP at a 1:1 ratio.
  • It is scheduled for an early July launch.
Wednesday, 22/06/2022 | 09:55 GMT by Arnab Shome
Payments

UK Payments Regulator to Launch Review on Visa and Mastercard Fees

  • Fees charged by these two card companies have increased five-fold since Brexit.
  • The regulator wants to understand the rationale behind the rise in fees.
Tuesday, 21/06/2022 | 08:07 GMT by Arnab Shome
Retail FX

FCA Says London-Based Trading Platform Profit FX Is Not Authorized

  • FCA says victims will not have access to the Financial Ombudsman Service.
  • Website says Profit FX offers forex, metal, indices and energies trading.
Monday, 20/06/2022 | 13:04 GMT by Solomon Oladipupo
Analysis
Analysis
Analysis
Analysis
Analysis

FCA Speeds Up Unused Permission Cancellation: How Does It Impact Brokers?

  • Brokers will have 28 days to rectify their operations if the FCA notices unused permissions.
  • It will further strengthen customer protection measures in the country.
Thursday, 16/06/2022 | 09:50 GMT by Arnab Shome
CryptoCurrency

Fiat Republic Becomes EMI after Paybase Acquisition, Raises $2.5m

  • The funding raise was led by Credo Ventures.
  • Fiat Republic has also partnered with a leading US bank.
Wednesday, 08/06/2022 | 09:00 GMT by Solomon Oladipupo
Regulation

UK to Test Blockchain Technology in Traditional Market Activities

  • It will be deployed in activities such as trading and settlement of stocks and bonds.
  • The plan is set to take place next year.
Tuesday, 07/06/2022 | 19:47 GMT by Felipe Erazo
News

LHV UK Parent Raises €35 Million as It Seeks UK Banking License

  • The funds will be used to capitalize on the new UK bank.
  • The proceeds were raised with a rights issue.
Tuesday, 07/06/2022 | 08:18 GMT by Arnab Shome
Regulation

FCA Speeds Up Cancellation of Unused Financial Services Permissions

  • The unused granted permission can be canceled within 28 days of the first notice.
  • It will issue two warnings to the companies before canceling permissions.
Thursday, 19/05/2022 | 11:38 GMT by Arnab Shome
Retail FX

UK Regulators Reveal Retail Investors Find Research ‘Too Complicated’

  • A majority of retail investors are investing without conducting any market research.
  • Many don't even check if the investments are FSCS-protected.
Wednesday, 18/05/2022 | 08:44 GMT by Arnab Shome
Regulation

UK FCA Issues New Reminder about the Risks of Investing in Cryptos

  • The warning comes in the midst of social media posts promoting NFTs.
  • A similar advisory was published in January 2021.
Wednesday, 11/05/2022 | 21:18 GMT by Felipe Erazo
Institutional FX

Island Country, Jersey, Lists £500m 30-Year Bond on TISE

  • Bond to finance country's pension liabilities.
  • The debt investment will pay 2.875% interest rate per year.
Tuesday, 10/05/2022 | 15:38 GMT by Solomon Oladipupo
Analysis

United Kingdom: Is the Top Retail FX Hub Losing Its Charm?

  • London is home to some of the top retail brokerage names.
  • Brexit stopped FCA-licensed brokers from offering services in Europe and vice versa.
Tuesday, 10/05/2022 | 07:18 GMT by Arnab Shome
Institutional FX

FCA Discusses ESG, Diversity as CISI Marks 30th Anniversary

  • CISI's CEO, Simon Culhane to step down by September.
  • 330 CISI members and dignitaries attended the event.
Monday, 09/05/2022 | 21:07 GMT by Solomon Oladipupo
Brokers

CMC Markets to Build a Technology Hub in Manchester

  • Over GBP 100 million has been invested in the firm's systems and platforms.
  • CMC Markets aims to 'decentralize' its operations.
Thursday, 05/05/2022 | 19:43 GMT by Felipe Erazo
Executives

Victoria McLoughlin Resumes as Interim Head of FCA’s Digital Assets Unit

  • McLoughlin has been with the FCA since 2009.
  • She supervises new entrant digital asset firms based in the UK.
Wednesday, 20/04/2022 | 19:09 GMT by Solomon Oladipupo
Institutional FX

FCA Asks UK Firms to Disclose Diversity Records in Annual Reports

  • Rule to apply to accounting periods starting April 1, 2022.
  • FCA to review its new rules in three years’ time.
Wednesday, 20/04/2022 | 15:46 GMT by Solomon Oladipupo
Brokers

IronFX UK Operator Posts Solid 2021 Financials, Revenue Doubled

  • The numbers were only for the UK business of the broker and not for its global operations.
  • It maintained a low-cost base strategy in the UK.
Wednesday, 20/04/2022 | 08:30 GMT by Arnab Shome
CryptoCurrency

Robinhood Signs Deal to Acquire UK Crypto App Ziglu

  • The trading platform halted its plans to launch in the UK two years ago.
  • Shares of Robinhood soared by 3% during Tuesday's session.
Tuesday, 19/04/2022 | 23:47 GMT by Felipe Erazo
Institutional FX

British Court Blocks Forex Rigging Class Action against Major Banks

  • London’s Competition Appeal Tribunal (CAT) ordered the blockade.
  • JPMorgan, Citigroup, Barclays, UBS and NatWest are the banks involved.
Thursday, 31/03/2022 | 23:52 GMT by Felipe Erazo
FinTech

Apple Reportedly Purchases Fintech Startup Credit Kudos

  • No terms of the transaction were disclosed as of press time.
  • Apple could be entering the lending services market.
Wednesday, 23/03/2022 | 23:38 GMT by Felipe Erazo
See more
Next Previous
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}