On enforcement, the FCAstatesthat it aims “to achieve fair and just outcomes in response to misconduct and to ensure our rules and requirements are obeyed.” The FCA’s enforcement penalties for non-compliance can be severe—ranging from multi-billion-dollar fines to having business licenses rev...
The FCA has the power to enforce the rules laid down to govern the financial services industry. In practice, the FCA investigates and acts when a business or individual is suspected of breaking the rules. The body also decides which firms are allowed to trade in financial services. The FCA ...
Learn what commodities are and how they are traded in the UK. We explain ways to trade, where to trade, regulatory guidelines, and more.
Forex trading is legal in the United Kingdom and is regulated by the Financial Conduct Authority (FCA). The FCA hands out licenses to brokers and also provides regulatory oversight. They demand that ethical practices and client protections be put in place. The FCA only approves legitimate and l...
Commercial and investment banks still conduct most of the trading in forex markets on behalf of their clients. But there are also opportunities for professional and individual investors to trade one currency against another. What Is Forex Trading? Forex trading, or FX trading, involves buying an...
To receive compensation from the FSCS, you must beeligibleunder the scheme’s rules, which are set by the FCA and the PRA. Some points to note here include: The FSCS only pays compensation when an authorised firm is unable, or likely to be unable, to pay claims made against it. ...
We explore this further inPensions face “double tax” due to inheritance tax change - what are your options? 6. More help with pension decisions The Financial Conduct Authority (FCA) recently set outproposals for how to support millions of people in deciding how to access their pension savings...
They set rules and regulations to maintain market integrity, protect investors, and promote market stability. Examples of regulatory bodies include the Securities and Exchange Commission (SEC) in the United States, the Financial Conduct Authority (FCA) in the United Kingdom, and the Securities and ...
🛡️ Regulator(s)Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), National Bank of the Republic of Belarus (NBRB), Canadian Investor Protection Fund (CIPF), and Investment Industry Regulatory Organization ...
Regulatory Bodies: Regulatory authorities, like the Securities and Exchange Commission (SEC) in the United States and the Financial Conduct Authority (FCA) in the United Kingdom, assume the critical responsibility of overseeing and supervising the activities of stock exchanges. These entities ensure ad...