The Financial Conduct Authority set out proposed guidance on Wednesday for regulated companies that use decentralized finance to encourage them to tackle heightened risks of crime and be resilient against cyberattack.
The Financial Conduct Authority set out proposed guidance on Wednesday for regulated companies that use decentralized finance to encourage them to tackle heightened risks of crime and be resilient against cyberattack.
Mex Group told an appeals court Wednesday that two executives and a financial services company cannot claim around $150 million in losses from a worldwide freezing order because it did not prevent them from trading or marketing bonds.
The Financial Conduct Authority confirmed on Wednesday that it has closed its investigation into Home REIT, a social housing investor, while a criminal probe by the Serious Fraud Office into the company is still underway.
ScottishPower must pay tax on £28 million ($37.5 million) in redress for regulatory failures after Britain's top court ruled on Wednesday that the compensation was similar to a penalty.
The Financial Conduct Authority said Wednesday it has banned and fined the former chief executive of Vector Wealth after he acted as a front for the company to lure individuals into buying high-risk bonds, causing losses of £4 million ($5.4 million).
The widow of shipbuilding tycoon Iskandar Safa lost her attempt on Wednesday to prevent Mozambique from pursuing her for her husband's alleged liabilities arising from a $1.9 billion damages award in the landmark "tuna bonds" corruption case.
A tribunal has ordered a mortgage advice firm to pay £24,200 ($32,400) after ruling it discriminated against an employee by firing her while she was pregnant.
The Labour government risks economic growth by putting higher taxes on banks on the agenda ahead of the autumn budget, the Confederation of British Industry warned Wednesday.
U.K. financial services group Tavistock said Wednesday it has agreed to sell a subsidiary for £3 million ($4 million) and has entered exclusive negotiations over another disposal, as the group continues to refocus its operations.
HSF Kramer has hired a seven-person legal team from K&L Gates to launch a real estate practice at its office in Milan, as it continues to build a full-service operation at the Italian base.
