UK Archives - FortuneZ

CySEC Admits 88 UK Firms under Temporary Permissions Regime

April 27, 2021

The Cyprus Securities and Exchange Commission (CySEC) released the registry of the United Kingdom-based financial services companies on Tuesday, which have been admitted under Cyprus’ Temporary Permissions Re...

FCA to Establish ‘Regulatory Nursery’ for Newly-Licensed Firms

April 20, 2021

The United Kingdom’s financial market regulator will establish a ‘regulatory nursery’ to closely oversee the newly authorized financial services companies, which was revealed by FCA Chief Nikhil Rathi in a sp...

Britcoin: UK Forms Taskforce for the Launch of Digital Sterling

April 19, 2021

The United Kingdom has become the latest country to plan for a central bank digital currency (CBDC) launch as Chancellor Rishi Sunak announced on Monday the formation of a joint task force by the HM Treasury ...

FCA Stops UK Operation of CFDs Broker Finteractive Limited (FXVC)

April 16, 2021

The Financial Conduct Authority (FCA) has stopped the operations of Cyprus-based forex and CFDs operator Finteractive Limited, known by its tradename FXVC, in the United Kingdom for multiple regulatory violat...

AvaTrade Eyes London IPO at £700 Million Valuation

March 25, 2021

Dublin-based forex brokerage, AvaTrade is aiming to join the rush of high-profile listings in London, Sky News reported on Thursday. Reports suggested the listing at London stock market might see the Irish o...

UK Court Hits CFDs Signals Provider with £530K Fine

March 25, 2021

The High Court has ruled in favour of the Financial Conduct Authority in a trial against a trading signals provider and its sole director who operated via social media platforms. In its judgment published to...

United Kingdom to Lead Fintech with New Recommended Blueprint

February 26, 2021

Britain’s crucial fintech sector has taken a hit by events like Brexit and Coronavirus pandemic, but now a government-backed review recommended a blueprint to keep the island ahead of the growing internationa...

IG Group to Exclude Cryptocurrencies from Offering to UK Retail Clients

February 22, 2021

IG Group, a financial broker listed in London, announced that the company has decided to remove cryptocurrencies from its offering to the retail clients based in the United Kingdom. Ahead of the removal of cr...

DCMS Proposes Licence Fee Hike to Help Gambling Commission Tackle Modern Challenges

January 29, 2021

The fee changes were proposed in a consultation from the Department of Culture, Media and Sport (DCMS) that opened today (29 January) and closes on 25 March. The consultation is separate from the Gambling Act...

CySEC Extends Application Deadline for Post-Brexit Temporary Permissions

January 28, 2021

The Cyprus Securities and Exchange Commission (CySEC) has extended the deadline of taking appreciation from United Kingdom-based companies willing to operate on the EU island nation under the temporary permis...