Category Archives: News

FCA Sector Review 2020

The 2020 FCA sector reviews and the pressures on CFD brokers keeping their retail clients The UK conduct regulator has recently been publishing a variety of outputs which have sought to set-out and promote its thoughts on the key challenges and risk threats posed by the core sectors of the UK financial services industry, and […]

The Contract for Difference (CFD) sector is still a propriety within the FCA 2019/20 business plan, third year in a row!

FCA 2019:20 - FX & CFD

Ever close & present sector attention The UK conduct regulator (Financial Conduct Authority – FCA) has taken various steps and product intervention measures concerning the Forex (FX) and Contract for Difference/ (CFD) sector during recent years in respect to protecting consumer interests, appropriate client classification(s) and disclosures, and sound prudential risk management  Alongside this background […]

The use of Reverse solicitation to drive growth by UK-based FX and CFD firms

News and insight - FX&CFD

A European regime to harmonise practices & consumer protections MiFID II regime first introduced into the UK back in January 2018 (applying Directive 2014/65/EU) brought about some key changes and obligations impacting on CFD-related business and operations, from underlying client categorisations to transaction execution and trading venues etc. This has equally extended to documentation and […]

Is achieving MLR compliance for FX and CFD firms a burden or a cost of business? 

Compliance - FX&CFD

A diverse & complex industry sector The Forex (FX) and Contracts for Difference (CFD) sector by its very nature typically involves multi-jurisdictional markets and client-bases, undertaking business in more emerging territories where local practices and documentation may not always readily conform to the established norms of recognised markets. But it is also a business sector […]