Metro Bank’s £51bn Blind Spot Leads to 3rd Largest FCA Fine of 2024
The Financial Conduct Authority (FCA) has imposed a £16.7 million fine on Metro Bank for significant failings in its anti-money laundering controls that left over £51 billion in transactions inadequately…
Robinhood’s User Base Soars Past 24M as Deposits Hit $5.2B Mark
Popular trading platform Robinhood saw substantial growth across its key metrics in October, with significant increases in trading volumes and customer assets under management. Robinhood Reports Surge in Trading Volumes,…
FXGT.com Expands Trading Tools with New Mobile and Web Solutions
FXGT.com unveiled new trading platforms to enhance the trading experience for mobile and desktop users. Dubbed FXGT App and FXGT.com Trader, the new platforms aim to give users better features…
Revolut Clashes with Early Investors over Blocked Share Sale
Revolut’s dispute with a crowdfunding platform concerning the sale of its shares escalated into a potential legal battle. The fintech giant reportedly blocked a discounted secondary share sale involving early…
FCA’s New Disclosure Rules: What Every Regulated Firm Must Know Now
The UK’s Financial Conduct Authority (FCA) announced a major reform of its enforcement disclosure procedures today (Monday), implementing broader document review standards and enhanced staff training protocols in response to…
Fixed-Fee Subscription Model Eliminates Brokers’ Revenue Risks, but Is It Sustainable?
Paying a fixed monthly subscription for trading infrastructure can help smaller brokerage firms remain viable in a highly competitive market – but only if they can find the pricing sweet…
Malaysian Regulator Flags InstaForex and InstaTrade in Latest Warning List
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert…
CFI Hits $1 Trillion Trading Volume in Q3 2024, Expands in UAE, Azerbaijan
FM Home > Retail FX > CFI Hits $1 Trillion Trading Volume in Q3 2024, Expands in UAE, Azerbaijan CFI Hits $1 Trillion Trading Volume in Q3 2024, Expands in…
The Week’s Snapshot: Donald Trump’s Victory and Crypto, ASIC to Close 95 Firms, and More
Trump Victory Ushers In First Bitcoin-Friendly Administration In a major development on the world stage this week, Donald Trump won the election, sweeping the Electoral College and the popular vote.…
CySEC Warns of Fake Regulator Scams on TrustPilot, Google Business
Scammers are taking to public review websites like TrustPilot and Google Business to impersonate representatives of the Cyprus Securities and Exchange Commission (CySEC), misleading investors into paying bogus fees, the…
