Showing financial crime the red card
Speech by Steve Smart, joint executive director of enforcement and market oversight, at the 1LoD Financial Crime Summit. Financial crime is still too often seen as a lesser offence. A small-scale scam...
Beware of high-risk investments from unregulated firms
We are concerned people are being encouraged to invest in high-risk schemes offered by unregulated firms without appreciating the risks involved. Many of the firms offering these products don’t need...
FCA cuts more data reporting to benefit 11,000 firms
We’re proposing to make further cuts to data reporting, that will benefit 11,000 retail intermediary firms. Regular submission of the Retail Mediation Activities Return (RMAR) helps support firms, u...
Rebalancing risk to facilitate innovation and growth
Speech by Kate Collyer, FCA chief economist, at Warwick Business School, Financial Regulation in Support of the UK’s Growth. Productivity in our sector has stalled over the past decade and UK econom...
Update on appointing a bond consolidated tape provider
We have received a legal challenge to our decision to award the contract for the bond consolidated tape provider. In response, we said:’We undertook a fair, competitive 2-stage process to ensure the...
Low-Income New Yorkers To Receive Crypto Stipend Via Coinbase
Coinbase is partnering with the non-profit GiveDirectly to launch a program providing crypto stipends to low-income New Yorkers between 18 and 30.
The project will distribute USDC worth $12,000 in ...
