Posts filtered by tags: Fca[x]


United States: COVID-19 And Travel Insurance: The FCA Updates Its Expectations Of General Insurance Firms - Bryan Cave Leighton Paisner LLP

The FCA, on 19 July 2021, updated its webpage setting out its expectations of general insurance firms in the light of COVID-19 to clarify its expectations about travel insurance.
Tags: News, United States, Fca, COVID

UK: FCA Publishes 2021/22 Business Plan - Proskauer Rose LLP

On 15 July 2021, the FCA published its latest Business Plan for 2021/22 which sets out the FCA's key priorities and objectives for the year ahead.
Tags: UK, News, Fca

UK: FCA And FRC Regulatory Intervention On Corporate Climate-Related Reporting - Morrison & Foerster LLP

The financial services sector plays a vital role in the fight against climate change. It has long been recognised that regular and accurate disclosure of information on climate-related risks and opportunities can help investors, ...
Tags: UK, News, Fca, Frc, Morrison, Foerster LLP

Ireland: The FCA Is Coming To Belfast - Arthur Cox

In its latest Business Plan, the UK Financial Conduct Authority says that it will establish a presence in Belfast by the end of the year as part of its national location strategy.
Tags: News, Ireland, Fca, Belfast, UK Financial Conduct Authority, Belfast Arthur Cox

UK: The FCA's New "Game Plan" – What Do Banks Need To Know About The FCA Business Plan For 2021/22? - Bryan Cave Leighton Paisner LLP

Yesterday the FCA published its eagerly-awaited Business Plan for 2021/22 (the "Plan"), its publication having been delayed from April due to the pandemic and it being Nikhil Rathi's...
Tags: UK, News, Fca, Bryan Cave Leighton Paisner, Nikhil Rathi

United States: Staying Prepared: Hospices And The False Claims Act, Part III - Success In False Claims Act Lawsuits - Husch Blackwell LLP

The False Claims Act (FCA) is the government's most serious weapon to combat fraud in the healthcare community, and hospices are increasingly the target of FCA investigations and lawsuits.
Tags: News, United States, Fca, Husch Blackwell LLP

A Brief History Of Chrysler/FCA/Stellantis Promises That Weren’t Kept

Stellantis, formerly known as Fiat Chrysler Automobiles, spent some time last week promoting “EV Day” and talking about its EV plans. We covered the event and the company’s plans. We’ve also noted in the past that many OEMs are talking a big game on EVs but it’s anyone’s guess if they’ll meet the timelines and […] The post A Brief History Of Chrysler/FCA/Stellantis Promises That Weren’t Kept appeared first on The Truth About Cars.
Tags: Industry, Fca, Autos, Chrysler, Concepts, EVs, Fiat Chrysler Automobiles, News Blog, Product Planning, Chrysler FCA, Stellantis, Concepts That Never Were, Past Cars

The UK will spend $15 million to warn young people about risks in crypto investing

Getty Images The UK's financial markets watchdog is creating a campaign to warn young people of risks in crypto investing. The FCA will spend £11 million ($15 million) to caution younger investors about risks including the potential loss of all their money. The regulator flagged analysis after the GameStop frenzy that showed more people see investing as entertainment. See more stories on Insider's business page. The regulator overseeing the UK's financial markets will launc...
Tags: UK, China, US, Trends, Investing, Markets, Bitcoin, Financial Conduct Authority, Fca, Advertising Standards Authority, Cryptocurrencies, Financial Times, Gamestop, The Financial Conduct Authority, Carla Mozee, Rathi

UK watchdog will not block Provident’s compensation scheme in court

FCA still says mis-sold loans payout plan would offer customers less than they are owedThe UK’s financial watchdog has announced that it will not formally oppose Provident Financial’s plans for its doorstep lending unit in court, even though it has said it does not support its compensation scheme for customers who were mis-sold loans.The Financial Conduct Authority (FCA) expressed its concerns in a letter to Provident Financial, saying it believed the compensation plan would offer consumers sign...
Tags: Business, UK, Money, Shares, UK News, Financial Sector, Regulators, Financial Conduct Authority, Fca, Consumer Rights, The Financial Conduct Authority FCA

Binance has stopped its UK clients from withdrawing pounds for a second time after a key partner terminated an agreement

Binance and cryptocurrencies NurPhoto/Getty Images Binance has not allowed UK clients to withdraw pounds since Tuesday according to a report. The service halted after Faster Payments, a money transfer company, withdrew their agreement. The Financial Conduct Authority banned it from performing regulated activities in June. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Crypto exchange Binance has had to stop its UK clients from withdrawing pounds from their accou...
Tags: UK, Trends, Britain, Fca, Coinbase, Starling, The Financial Conduct Authority, Binance, Binance Binance, Opening Bell Crypto, Camomile Shumba, NurPhoto Getty Images Binance, Financial News Binance, June Binance, Barclays TSB

Where is suptech heading?

Marc Gilman Contributor Share on Twitter Marc Gilman is general counsel and VP of compliance at Theta Lake. He is also an adjunct professor at Fordham University School of Law. More posts by this contributor AI as a blueprint for fintech startups Recommendations for fintech startups navigating the procurement process Technology plays a huge role in nearly every aspect of financial services today...
Tags: Startups, Column, Asia, Finance, Government, Africa, Tech, Bank Of England, Artificial Intelligence, Fca, Machine Learning, World Bank, Federal Reserve, Financial Services, Bis, Regulatory Compliance

UK: FCA Under Pressure: Did The New Consumer Duty Just Get Extra Teeth?! - Shoosmiths

As the Financial Conduct Authority receives criticism for failing to protect consumers in this case, this adds weight to the FCA's argument for their proposed new Consumer Duty based on outcomes.
Tags: UK, News, Financial Conduct Authority, Fca

Santander UK joins Barclays in blocking payments to Binance after regulator clamps down on the crypto exchange

Binance CEO, Changpeng Zhao. REUTERS/Darrin Zammit Lupi Santander's UK unit has joined Barclays in blocking customer payments to crypto exchange Binance. The FCA, the UK financial watchdog, has banned Binance from trading regulated derivatives. A series of countries have been cracking down on the crypto exchange, including Poland and Japan. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Santander UK has joined rival banks Barclays and NatWest in stopping its...
Tags: Japan, UK, Germany, Trends, Thailand, Barclays, Fca, Poland, Natwest, Santander, Securities And Exchange Commission, Reuters, Binance, Changpeng Zhao, Sophie Kiderlin, Binance Markets

United States: DOJ's Civil Division Issues Valuable Guidance On False Claims Act Self-Disclosure, Cooperation, And Remediation Credit - Winston & Strawn LLP

On May 7, 2019, the Civil Division of the DOJ issued formal guidance to DOJ attorneys regarding factors to be considered in determining the nature and extent of cooperation credit to be awarded in connection with resolving FCA matters.
Tags: News, United States, Fca, Doj, Strawn LLP, Remediation Credit Winston

Barclays bans UK customers from making card payments to Binance, citing a notice from the national regulator

Oliver Morris/Getty Images Barclays banned UK customers from making card payments to Binance on Monday. The bank acted after UK financial watchdog the FCA told the crypto exchange to halt regulated activity. Barclays said the move does not impact the ability to withdraw funds from Binance. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Barclays, one of the top British banks by assets, suspended debit and credit card payments to crypto-trading platform Binance on...
Tags: UK, Trends, Customers, Barclays, Financial Conduct Authority, Fca, Michael Burry, Binance, Shalini Nagarajan, Opening Bell Barclays, Oliver Morris Getty Images Barclays, Binance Markets, Binance Sign, Big Tech Barclays

United States: Amendments Expanding NYC'S "Ban-the-Box" Law Take Effect On July 29 - Davis & Gilbert

The New York City Council enacted several amendments to the City's Fair Chance Act (the FCA) on January 10, 2021, which take effect on July 29...
Tags: News, United States, Fca, Davis, Gilbert, New York City Council

UK: FCA Publishes Its First Policy Statement On The Implementation Of The UK Investment Firms Prudential Regime - Proskauer Rose LLP

On 29 June 2021, the Financial Conduct Authority ("FCA") published its first policy statement ("PS") on the implementation of the Investment Firms Prudential Regime ("IFPR") (PS 21/6).
Tags: UK, News, Fca, Financial Conduct Authority FCA, Prudential Regime Proskauer Rose LLP

Canada: LIBOR Newsflash: FCA Announces Dates For Official Cessation And Loss Of Representativeness Of LIBOR - McMillan LLP

On March 5, 2021, the Financial Conduct Authority announced the dates for the cessation and loss of representativeness of the London Interbank Offered Rate.
Tags: News, Canada, Financial Conduct Authority, Fca, McMillan LLP, London Interbank

France: Google Fined 220 Million Euros By French Competition Authority For Having Abused Its Dominant Position In The Online Advertising Sector - Soulier Avocats

In decision No. n°21-D-11 dated June 7, 2021, the Autorité de la concurrence (French Competition Authority or "FCA") imposed a 220 million euros fine on Google.
Tags: Google, News, France, Fca, Competition Authority, Soulier Avocats

UK: The FCA Sends A Warning To Binance Markets Limited - Giambrone & Partners

The Financial Conduct Authority (FCA) has clamped down on Binance Markets Limited and preventing the firm from undertaking any regulated activity in the UK...
Tags: UK, News, Fca, Partners, Financial Conduct Authority FCA, Binance Markets Limited, Binance Markets Limited Giambrone

Google tightens UK policy on financial ads after watchdog pressure over scams

The UK’s more expansive, post-Brexit role in digital regulation continues to be felt today via a policy change by Google which has announced that it will, in the near future, only run ads for financial products and services when the advertiser in question has been verified by the financial watchdog, the FCA. The Google Ads Financial Products and Services policy will be updated from August 30, per Google, which specifies that it will start enforcing the new policy from September 6 — meaning that ...
Tags: Google, TC, Facebook, UK, Enterprise, Advertising Tech, Tech, European Union, Bbc, Policy, United Kingdom, Financial Conduct Authority, Fca, Guardian, Bill, Online Advertising

Further measures to help fight financial fraud in the UK

As part of ongoing cross-industry efforts to help tackle the issue of financial fraud, we recently announced that we were the first major technology firm to join Stop Scams UK. We also pledged $5 million in advertising credits to support public awareness campaigns in the UK, helping to ensure that consumers are better informed about how to spot the tactics of scammers both online and offline. Today, we are announcing a significant additional measure to protect users and legitimate advertisers...
Tags: UK, Fca, UK Financial Conduct Authority, Ronan Harris, Stop Scams UK We, Google Ads Financial Products

Over 60 crypto companies have withdrawn their application to do business in the UK as the country tightens regulation

Dan Kitwood/Getty Images Over 60 crypto companies have withdrawn their application to do business in the UK. Registration data showed that around 64 firms have withdrawn their applications, up from 51 in early June. Beginning January, firms with business in cryptocurrencies have had to register with the FCA before operating. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Over 60 cryptocurrency-related companies have withdrawn their application with the Financ...
Tags: UK, Trends, Markets, Bitcoin, Financial Conduct Authority, Fca, Cryptocurrencies, Reuters, Dan Kitwood Getty, Binance, Binance Group, Isabelle Lee, Crypto Regulation, Bitcoin Regulation, MI Exclusive, Cryptocurrencies UK

UK: Climate-Related Disclosures For The UK Asset Management Industry: The FCA Consults On TCFD-Compliant Measures - Bryan Cave Leighton Paisner LLP

The FCA has published its much-anticipated consultation (CP21/17) on climate-related financial disclosures and guidance for UK asset managers, UK life insurers and FCA-regulated pension providers.
Tags: UK, News, Fca

The UK ordered Binance to halt regulated activities, but that doesn't mean local investors can't trade cryptocurrencies

Beata Zawrzel/NurPhoto via Getty Images The Financial Conduct Authority warned Binance it can't operate regulated activities without approval. But the ban has no direct impact on UK users trading crypto on, the company said. While the FCA does not directly regulate crypto trading, it has oversight of derivative services. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The UK's financial watchdog has banned Binance's regulated operations, b...
Tags: UK, Trends, Fca, El Salvador, The Financial Conduct Authority, Keystone Law, Binance, Binance Group, Shalini Nagarajan, Beata Zawrzel NurPhoto, Binance Markets, Getty Images The Financial Conduct Authority, Rabya Anwar

Binance: Financial watchdog FCA bans cryptocurrency exchange

The financial watchdog has ruled that Binance cannot conduct any regulated activity in the UK.
Tags: News, Fca, Binance

Binance: Financial watchdog FCA bans crypto-currency exchange

The financial watchdog has ruled that Binance cannot conduct any regulated activity in the UK.
Tags: News, Fca, Binance

Crypto exchange Binance Markets is barred from operating in the United Kingdom

The FCA's move is one of the most significant by a financial regulator against cryptocurrency.
Tags: United Kingdom, Fca, Binance Markets

Binance: Financial watchdog FCA bans crypto-currency exchange

The financial watchdog has ruled that Binance cannot conduct any regulated activity in the UK.
Tags: News, Fca, Binance

FCA bans world's largest crypto-currency exchange Binance

The financial watchdog has ruled that Binance cannot conduct any regulated activity in the UK.
Tags: News, Fca, Binance