PCF made the decision to cease trading and wind down its operations in 2021. As PCF is no longer trading, all deposits have already been returned to customers. As part of the wind down process all loans were transferred to other organisations between 2021 and 2023. If you have any questions regarding your loan, please …
In an online experiment with over 9,000 consumers, the FCA found that digital engagement practices (DEPs) used by trading apps, such as push notifications and prize draws, can increase trading frequency and risk taking. In an FCA first, the regulator built an experimental trading app platform to test the effect of different DEPs on trading …
FCA keeps trading apps under review over gaming concerns Read More »
More than £1 billion of unregistered cryptoassets are believed to have been bought and sold through this business. The FCA inspected the offices associated with the suspects and the police seized several digital devices during searches of 2 residential London properties. Both suspects were interviewed under caution by the FCA and released on bail. The …
Two arrests connected to suspected illegal £1 billion cryptoasset business Read More »
In an online experiment with over 9,000 consumers, the FCA found that digital engagement practices (DEPs) used by trading apps, such as push notifications and prize draws, can increase trading frequency and risk taking. In an FCA first, the regulator built an experimental trading app platform to test the effect of different DEPs on trading …
FCA keeps trading apps under review over gaming concerns Read More »
Payment services firm LCC entered special administration on 18 June 2024 and has now ceased trading. Christine Mary Laverty, Russell Simpson and Jarred Erceg of Grant Thornton UK LLP, have been appointed as joint special administrators. LCC is authorised and regulated by the FCA to provide payment services, specifically money remittance services, under the Payment …
LCC Trans-Sending Limited enters special administration Read More »
Name: mirrortradefx (mirrortradefx.com) 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.
Following a hearing before His Honour Judge Tomlinson in Southwark Crown Court, the FCA has secured a confiscation order, under the Proceeds of Crime Act 2002, against Ian James Hudson who had been convicted of criminal charges in relation to fraudulent trading and carrying on regulated activities without authorisation. Ian Hudson was convicted and sentenced …
FCA urges victims to claim compensation for Ian Hudson’s illegal activities Read More »
ASIC has accepted a court enforceable undertaking from Australian Financial Services (AFS) licensee PKF Melbourne Corporate Pty Ltd (PKF). ASIC conducted an investigation which reviewed files related to three independent expert report (IER) engagements. ASIC held concerns that PKF failed to have: documented internal policies and procedures demonstrating compliance with its AFS licensee obligations and …
PKF admits to contraventions concerning independent expert report engagements Read More »
The Markets Disciplinary Panel (MDP) issued an infringement notice to Ascot Securities Pty Ltd (Ascot) on 24 November 2023 for serious failures, requiring it to pay a penalty of $3.1 million and enter into an enforceable undertaking. The date for compliance with the infringement notice was 21 December 2023. Ascot elected not to comply. Ascot …
MDP issues infringement notice to Ascot Securities for serious failures Read More »
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