Misrepresentation, Financial Conduct Authority (FCA)

ASA Rulings Summary, 13 November 2024 - investment tipples and risqué posters

DLA Piper on 2/21/2025

In recent rulings we have seen the ASA: (i) issue multiple rulings on the advertising of unregulated investments and (ii) reinforce its stance on gender stereotyping and sexual imagery in ads. The ASA has recently been taking...more

UK Financial Promotion Rules for Cryptoassets: Longer Implementation Period for Certain Requirements

Proskauer Rose LLP on 9/13/2023

On 7 September 2023, the United Kingdom’s Financial Conduct Authority (“FCA”) set expectations ahead of its new financial promotion rules for cryptoassets (which we wrote about here). From 8 October 2023, new rules for...more

UK Conduct Regulator Warns Firms About Misleading Financial Promotions

A&O Shearman on 1/18/2019

The Financial Conduct Authority has published a "Dear CEO" letter addressed to the Chief Executive Officers of all FCA-regulated firms. In the letter, the FCA highlights its concerns over the practice engaged in by some firms...more

UK Regulator Bans former Barclays Wealth Management Chief Operating Officer

A&O Shearman on 9/27/2016

The Financial Conduct Authority published a Final Notice banning Mr. Andrew James Tinney from the UK financial services industry. Mr. Tinney was the Global Chief Operating Officer of Barclays Wealth and Investment Management,...more

This Week In Securities Litigation

Dorsey & Whitney LLP on 10/9/2015

The PCAOB filed a settled action involving an auditing firm in which the consent order of settlement was based on admissions of facts. The approach is similar to the one adopted by the SEC in which the Commission requires...more

Orrick's Financial Industry Week in Review

Orrick, Herrington & Sutcliffe LLP on 3/24/2015

European Commission Unveils Tax Transparency Package - The European Commission has laid out its plans in a new Tax Transparency Package to clamp down on tax deals made between EU governments and multi-national...more