News Centre

UK Financial Conduct Authority Charges Ian Hudson With Fraudulent Trading And Carrying On Regulated Activities Without Authorisation

Date 20/05/2021

The Financial Conduct Authority (FCA) has commenced criminal proceedings against Ian James Hudson, following an investigation.

ESMA Appoints Natasha Cazenave As Executive Director

Date 20/05/2021

Housing – The Quiet Decade - Speech By Jon Cunliffe, Bank Of England Deputy Governor, Financial Stability, Given At The Law Society’s Online Property Section Convention

Date 20/05/2021

UK house prices and transactions were relatively muted in the 10 years before Covid when compared to historical trends. Jon Cunliffe talks about why this is.

Hong Kong Securities And Futures Commission Steps Up Efforts To Combat IPO-Related Misconduct

Date 20/05/2021

The Securities and Futures Commission (SFC), in collaboration with the Stock Exchange of Hong Kong Limited (SEHK), is intensifying its efforts to tackle misconduct and improper behaviour related to new listings. An SFC-SEHK joint statement released today notes some problematic issues in recent initial public offerings (IPOs) which suggest the lack of genuine investor interest and call into doubt the existence of an open, orderly and fair market in the shares.

HKEX: Exchange Publishes Consultation Conclusions On (1) The Main Board Profit Requirement And (2) Review Of Listing Rules Relating To Disciplinary Powers And Sanctions

Date 20/05/2021

• Conclusions focus on market quality and on investor protection
• Profit Requirement to increase 60 per cent, with effect from 1 January 2022
• Proposals relating to disciplinary powers and sanctions to be implemented with effect from 3 July 2021

UK Financial Conduct Authority Consults On Use Of New Powers To Support Orderly Wind Down Of Critical Benchmarks

Date 20/05/2021

Today the FCA has published a consultation on its proposed policy framework for exercising two of its new powers under the Benchmarks Regulation (BMR), which will be introduced by the Financial Services Act 2021. These powers relate to the use of critical benchmarks that are being wound down. The consultation is another important step in the wind down of LIBOR.

Hong Kong Securities And Futures Commission And Stock Exchange Of Hong Kong: Joint Statement On IPO-Related Misconduct

Date 20/05/2021

This statement sets out the general approach taken by the Securities and Futures Commission (SFC) and The Stock Exchange of Hong Kong Limited (SEHK) to some regulatory issues noted in recent new listings and how they may deploy their respective powers under the Securities and Futures Ordinance (SFO), the Securities and Futures (Stock Market Listing) Rules (SMLR), the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (Listing Rules) to tackle these issues in the future.

Saxo Markets UK Appoints Simon O’Malley As New CFO

Date 20/05/2021

Saxo Bank, the online multi-asset trading and investment specialist, today announces that Simon O’Malley has been appointed as the new Chief Financial Officer and Board Member of its subsidiary, Saxo Markets UK.

CoolBitX Releases CoolWallet Pro All-In-One Hardware Wallet With Military Grade Security And Unprecedented Convenience

Date 20/05/2021

CoolBitX, the blockchain security company and creators of CoolWallet, the world’s first bluetooth-enabled hardware wallet, today announced the release of CoolWallet Pro—an all-in-one cryptocurrency wallet that will offer advanced users increased coin support and expansive staking features. This will allow for a more dynamic interaction with decentralized finance (DeFi) protocols, through the convenience of a mobile app, while being protected from malicious actors with military grade security. 

Bitstocks Joins CryptoUK Trade Assocation - In A Continued Push For Best Practise & Greater Regulation For Bitcoin Businesses

Date 20/05/2021

Aligning with their core values of transparency and education, and with the intention to raise the bar for other bitcoin-centric companies, Bitstocks has now joined the trade association, CryptoUK, as a community member.