#fca

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Posts and discussion tagged #fca on DFace.

DFace News

Crypto exchange HTX stops UK deposits after FCA settlement

HTX, the crypto exchange formerly known as Huobi, has stopped accepting deposits from British customers. The move follows a settlement with the UK's Financial Conduct Authority, under which HTX also agreed not to target UK users with crypto promotions. The exchange is effectively exiting the UK market. Why it matters: This reflects the FCA's ongoing push to enforce its marketing rules fo…

Source: CoinDesk

DFace News

UK regulators propose easing post-crisis rules for City bosses

The Bank of England and the Financial Conduct Authority have proposed relaxing accountability rules that were introduced after the 2008 financial crisis. Their plan would reduce reporting requirements for lower-level misconduct and free 140,000 managers from additional checks. Regulators say these changes will remove 'unnecessary burdens' and save businesses roughly 2 billion pounds over…

Source: The Guardian