We are pleased that the Court has decided to approve the scheme. We understand that LFS expect to start making payments to scheme creditors as soon as possible, if there is no appeal of the Judge’s decision. Investors voted overwhelmingly in support of the scheme. The small minority have now had their representations fully considered …
Update on Link Fund Solutions (LFS) scheme of arrangement Read More »
The Financial Conduct Authority (FCA) has today announced that multiple insurance firms have agreed to pause sales of Guaranteed Asset Protection (GAP) insurance, following a request from the FCA. The firms which have agreed to this action account for 80% of the GAP market. The regulator will carry out a second tranche of engagement with …
GAP insurers agree to suspend sales following FCA concerns over fair value Read More »
This week we’ve published Reducing and preventing financial crime an update on the progress we’ve made over the past 18 months, and a look at the challenge ahead, focusing on 4 areas in greater depth. I’d urge firms – as well as trade bodies, big tech companies, social media platforms, regulatory and enforcement partners – …
Shifting the dial on financial crime requires a collective push Read More »
ASIC has cancelled the Australian financial services licence (AFSL) held by Sydney-based Brava Capital Pty Ltd, previously known as Dayton Way Securities Pty Ltd between 2010 and August 2023. The licence cancellation took effect on 5 February 2024, after ASIC was notified by Brava Capital that it no longer provides financial services.
The Federal Court has found fintech company Block Earner engaged in unlicensed financial services conduct when offering its crypto-backed Earner product. From March 2022 to November 2022, Block Earner offered consumers the Earner product which allowed them to earn fixed yield returns from different crypto-assets. In one of the first decisions on the application of …
Court finds Block Earner crypto product needs financial services licence Read More »
Name: ARES CAPITAL Address: 8 St Andrew Street, London, UNITED KINGDOM, EC4A 3AE Telephone: +442045781595 Email: [email protected] Website: www.ares-capital.co.uk Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, …
Name: HIROX / HIROX.UK Address: 167-169 Great, Portland Street, London, UNITED KINGDOM, W1W 5PF Email: [email protected] Website: www.hirox.uk Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so …
Name: PSTOCK TRADING / PSTOCKTRADING.CO.UK Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine.
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