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Acquisitions, Mergers and Takeovers

In summary, the schemes involved:African Land (also known as Agri Capital) which offered investments in rice farm harvests in Sierra Leone, run by African Land Limited; andReforestation Projects (also known as Capital Carbon Credits) which offered inve...
These proposals follow the 2018 Budget when the Chancellor announced a package of measures designed to increase investment in patient capital, a term for a broad range of alternative investment assets intended to deliver long-term returns; for example,...
Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.However, some firms act without our authorisation and some knowingly run investment scams. This firm is not author...
Qudos Insurance A/S (Qudos) has on 27 November 2018 announced it has entered into solvent liquidation. Qudos is a firm authorised and regulated by the Danish Financial Supervisory Authority. It operates in the UK on a freedom of services basis which me...
Speaker: Megan Butler, Director of Supervision - Investment, Wholesale and SpecialistsEvent: Women in Finance Summit, LondonDelivered: 22 March 2018Note: this is the speech as drafted and may differ from the delivered versionHighlights:D...
Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm....
Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.However, some firms act without our authorisation and some knowingly run investment scams.  This firm is not autho...
Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm....

We welcome the Competition and Markets Authority’s (CMA’s) work on digital comparison tools (DCTs). We have worked with the CMA throughout its study, which looked at car and home insurance, and credit cards, to provide expert input on financial services. 

We are encouraged that the CMA’s research has found that people mainly have positive views and experiences of DCTs. Further, we’re pleased to hear that vulnerable customers that can access DCTs find them useful, but it is concerning that some DCTs appear not to be doing all they could, or should, to make their sites user-friendly for some vulnerable people. 

We note the CMA’s findings that certain types of contracts between suppliers and DCTs can limit suppliers’ ability to offer a lower price on one platform than on another. We are working with the CMA to assist their investigation into this.  

The CMA’s report has identified a number of areas for us to explore that could help DCTs to work better for consumers. We share the aspiration to ensure DCT’s deliver good outcomes for consumers and so we’re actively considering what action to take in response to the CMA’s recommendations.

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These confiscation orders follow an FCA prosecution in which Messrs Dodgson and Hind were convicted of conspiring to insider deal. The existence of the conspiracy was proved by evidence of insider dealing in relation to five stocks. However, the total ...