FCA Enforcement – January 2022
Subject of Enforcement: Morgan Ingram Associates Limited (formerly SeedTribe Limited) Date of Notice: 28th/ 01/2022 Overview: The FCA instructed that the Firm must terminate its relationships with the following Appointed Representatives (“ARs”) under their respective AR agreements by 17:00 on 6...
FCA Regulatory Updates – January 2022
Topic: FCA to strengthen financial promotions rules to protect consumers. Date: 19/01/2022 Overview: The FCA is acting to address concerns about the ease and speed with which people can make high-risk investments by proposing a significant strengthening of its rules...
Strengthening of Appointed Representative Regime
The FCA has launched a consultation on improving the appointed representatives regime and tackling harm from this model. An appointed representative (AR) is a firm or person who carries on a regulated activity on behalf, and under the responsibility of,...
FCA Updates – December 2021
Topic: Highlights of the FCA’s new approach in 2021 Date: 31/12/2021 Overview: The Financial Conduct Authority’s (FCA) has provided a press release reflecting on their activities in 2021. They reiterated their mission statement which is to protect consumers from harm,...
FCA enforcement – December 2021
Topic: Craig Whyte appears at court for failing to provide key passwords for seized devices Subject of Enforcement: Craig Whyte Date of Notice: 22/12/2021. Overview: Craig Whyte appears at court for failing to provide key passwords for seized devices In a...
Brooklands establishes investment management capabilities in Ireland
Brooklands has been authorised by the Central Bank of Ireland to act as the investment manager for Irish authorised investment funds.
FCA Updates – November 2021
Topic: FCA acts to help investors make more informed ESG investment decisions Date: 03/11/2021 Overview: The FCA is committed to helping investors put environmental, social and governance (ESG) matters at the heart of their investment decisions. Findings from the Financial...
FCA enforcement – November 2021
Topic: FCA fines Sunrise Brokers LLP £642,400 for serious financial crime control failings in relation to cum-ex trading. Subject of Enforcement: Sunrise Brokers LLP Date of Notice: 12/11/2021. Overview: This is the second case brought by the FCA in relation...