FCA announces first case of firm in TPR losing its permissions after missing its landing slot
FCA announces the first of a firm in the Temporary Permissions Regime (TPR) having lost its permissions for failing to apply for authorisation.
FCA announces the first of a firm in the Temporary Permissions Regime (TPR) having lost its permissions for failing to apply for authorisation.
The FCA stopped the UK operations of 16 CFD providers that had entered the UK’s temporary permissions regime in 2021.
Post-Brexit, for predominantly UK businesses, their regulated entity should be in the UK to protect investors and the integrity of the markets.
European firms wishing to remain in the TPR need to meet the FCA’s standards to continue operating in the UK.
Arumpro Capital Limited has failed to respond to repeated requests for the provision of information by the FCA.
Since the end of the transition period, the FCA has taken action against 13 firms, restricting their business.