Tag: News stories

Jul 11
Hartley Pensions Limited – requirement to stop accepting new pension contributions

Hartley Pensions Limited (Hartley Pensions), is a SIPP (Self Invested Personal Pension) operator authorised and regulated by the FCA. It also provides administration for a small number of SSAS (Small Self-Administered Schemes), regulated by The Pensions Regulator. On 11 July Hartley Pensions asked the FCA to impose requirements preventing it from accepting ongoing contributions into the […]

Jul 11
Eunisure Limited enters liquidation

1. I have a policy I bought through Eunisure Limited. Is it still in force? Your policy remains valid. If you have any questions about your policy, please contact your insurer. You can find the details of your insurer in your policy documents. You can also contact the liquidator directly using the contact details above. […]

Jul 05
We consult on proposals aimed at improving UK equity market

Today we published a Consultation Paper (CP) on proposals aimed at improving the functioning of equity secondary markets. The changes are part of the Wholesale Markets Review (WMR), which we have been conducting with the Treasury to improve the UK’s regulation of secondary markets. The Treasury’s consultation response to the WMR said that we would […]

Jul 04
Alexander David Securities Limited enters liquidation

On 1 July 2022 Alexander David Securities Limited (ADSL) entered creditors’ voluntary liquidation and Shane Cooks, Emma Sayers and Malcolm Cohen of BDO LLP were appointed as joint liquidators.  We set out below the steps ADSL clients can take if they are concerned about any investments arranged or promoted by ADSL or its appointed representatives, […]

Jun 23
Changes to FCA Firm Reference Numbers (FRNs) and Product Reference Numbers (PRNs)

We currently use six-digit Firm reference Numbers (FRNs) to uniquely identify firms, and six-digit Product Reference Numbers (PRNs) to uniquely identify funds. We’re likely to reach the six-digit limit (999999) during 2023, given the volume of applications and notifications we receive. We’re planning a move to seven-digit FRNs and PRNs for all newly registered firms […]

Jun 17
FCA’s work on market abuse and manipulation – update 17 June 2022

People seeking to abuse the insider knowledge they have to make a quick buck place their fingers on the scales. As well as disadvantaging those who play by the rules, they undermine confidence in markets that are vital for companies seeking capital and investors building their savings. It is natural and legitimate therefore that people […]

Jun 14
Information for customers of unauthorised firm BubbleXT

On 6 October 2020, the FCA published a Warning against BubbleXT, a firm we believe may be providing financial services or products in the UK without our authorisation.  The FCA has become aware that consumers are still being targeted by scammers who have set up ‘recovery rooms‘ with promises of returning their funds for a […]

Jun 09
FCA appoints members for new Secondary Markets Advisory Committee

Secondary Markets Advisory Committee members: Alex Skrine (Director of Electronic Trading at Winterflood Securities) Christopher Murphy (Co-founder & CEO at Ediphy Group) Daniel Mayston (Managing Director, EMEA Head of Electronic Trading and Market Structure at Blackrock) David Furlong (CEO at Virtu Financial Ireland) Edward Wicks (Global Head of Trading at L&G Investment Management) Elisa Menardo […]

May 31
Consumer warning on Unique Funeral Plans and Empathy Funeral Plans

Home News Consumer warning on Unique Funeral Plans and Empathy Funeral Plans We strongly advise that you do not buy a plan from these firms. We have been clear for some time that people should avoid buying new plans from funeral plan providers that have not applied for authorisation or had their application withdrawn or […]

May 23
UK authorities look to strengthen resilience of Money Market Funds

The FCA, jointly with the Bank of England, and with the endorsement of the Treasury, has today published a Discussion Paper on Money Market Fund (MMFs) reform. This seeks views to inform the development of MMF reform proposals. The FCA has also published guidance on the UK MMF Regulation. MMFs are a type of open-ended […]