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Approved Persons Regime (APR) and coronavirus: our expectations
We set out our expectations to help benchmark administrators and firms using Appointed Representative (AR) arrangements apply the Approved Persons Regime (APR) during coronavirus (Covid-19). -
FCA statement on Wirecard
The FCA's primary objective all along has been to protect the interests and money of consumers who use Wirecard. -
Elevate Credit International Limited enters administration
On 29 June, Elevate Credit International Limited, trading as Sunny (and also previously under the ‘1 Monthly Loan’ and ‘Quid’ brands), was placed into administration. Edward George Boyle and David John Pike from KPMG UK LLP were appointed as -
EBA Guidelines on ICT and Security Risk Management
The FCA has notified the EBA that it intends to comply with the European Banking Authority (EBA) final Guidelines on ICT and security risk management for credit institutions, investment firms and payment service providers. -
FCA statement on planned amendments to the Benchmarks Regulation
The FCA welcomes the Government’s announcement today that it intends to bring forward legislation to amend the Benchmarks Regulation (BMR) to give the FCA enhanced powers. -
Complaints Scheme: our approach to remedies
This statement explains our current approach to deciding what we do when we agree that a complaint made about the FCA under the Complaints Scheme (the Scheme) is well founded. We aim to apply a consistent and fair approach to ensure remedies are -
The FCA’s and PSR’s joint approach to Access to Cash
For many people cash continues to be a vital way of making payments, despite the changes brought by Covid 19. As High Streets prepare to re-open, more shops will rely on the availability of cash and the ability to access banking services such as -
Cyprus CFD firms Maxiflex Ltd (trading as EuropeFX), Maxigrid Limited (trading as Dualix & AGM Markets), and Reliantco Investments Ltd (trading as UFX)
Removal of these firms’ permission to sell contracts for difference (CFDs) to UK consumers. -
Fake Financial Services Register link
We are aware that there has been an attempt to reproduce our Financial Services Register on a non-FCA website. -
Open access regime for the trading and clearing of exchange-traded derivatives
From 4 July 2020, trading venues and central counterparties (CCPs) offering the trading and clearing of exchange-traded derivatives will be subject to MiFIR’s open access regime.