UK FCA Intensifies Crackdown on Misleading Financial Adverts with Crypto Asset, Debt Solutions, and Claims Management Company

by Theresa Joy Lacatan | Feb 10, 2025 | Blog News, Crypto News

On 07 February 2025, the United Kingdom Financial Conduct Authority (UK FCA) published its report detailing its regulatory actions in 2024. The report states that nearly 20,000 financial promotions were withdrawn or amended, marking a 97.5% increase from 2023. The UK...

UK FCA Confiscates Over £500,000 from Convicted Insider Dealer in Landmark Enforcement Action

by Theresa Joy Lacatan | Feb 5, 2025 | Blog News, Crypto News

On 3 February 2025, the United Kingdom Financial Conduct Authority (UK FCA) announced that it had secured a confiscation order of £586,711.01 against Mohammed Zina, a convicted insider dealer. The confiscation order was issued on 29 January 2025, requiring Zina to pay...

UK FCA Proposes Reforms for Corporate Bond Issuance and Investment Opportunities

by Theresa Joy Lacatan | Feb 5, 2025 | Blog News, Crypto News

On 31 January 2025, the United Kingdom Financial Conduct Authority (UK FCA) published a consultation setting out further proposals to support corporate bond issuance, streamline capital-raising processes, and enhance investment opportunities for wealth managers and...

UK FCA Issues First Fine for MiFIR Transaction Reporting Failures Against Infinox Capital Limited

by Theresa Joy Lacatan | Jan 30, 2025 | Blog News, Crypto News

On 29 January 2025, the United Kingdom Financial Conduct Authority (UK FCA) imposed a fine of £99,200 on Infinox Capital Limited for allegedly failing to submit 46,053 transaction reports under the European Union Markets in Financial Instruments Regulation (MiFIR)....