FCA
Tax & Regulation | 1 Dec 17
Four guilty of misleading investors in £1.4m scandal
Four people guilty of misleading vulnerable people into buying £1.4m of worthless shares are set to be sentenced this month following an investigation by the Financial Conduct Authority (FCA).
FCA takes civil action against Sipp introducers
The Financial Conduct Authority has commenced civil proceedings against two unregulated introducer firms, linked to controversial ethical tree investment schemes, for allegedly making misleading statements on pension investments.
Tax & Technical | 23 Nov 17
Fewer UK whistleblowers stepping forward
The UK needs to treat its whistleblowers better, according to a law firm which unearthed Financial Conduct Authority data.
Fixed Income | 10 Nov 17
FCA orders £66m refund for collapsed Connaught investors
The UK financial watchdog has publicly censured Capita Financial Managers (CFM) and ordered it to pay up to £66m ($86.6m, €74.6m) to investors who suffered losses from investing in the firm’s now-liquidated Connaught Income Fund, Series 1.
Best Practice | 3 Nov 17
Be careful who you do business with, advisers warned
Failure by advisers and other financial services firms to carry out thorough due diligence on introducers and appointed representatives could put customers at risk of financial harm, the Financial Conduct Authority has warned.