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FCA Warns On Crypto Dangers In 'Dear CEO' Letter - Latest News


Britain's FCA sends 'Dear CEO' letter to preference share issuers

The Financial Conduct Authority (FCA) is reviewing certain fixed income shares, particularly those shares that are described as being perpetual, irredeemable or in some other way that suggests permane... read more

Crypto vulnerable to 'money-laundering and terrorist funding' regulators warn

Regulated financial institutions need to be aware of the potential ‘reputational risks’ of getting involved in crypto-assets, the Bank of England has warned in a letter to senior sector executives. In ... read more

Impact analysis: UK outline of new approach to financial regulation

Following is a discussion of the major elements of the consultation, “A new approach to financial regulation: building a stronger ... As was stated in a “Dear CEO” letter on the transition to the new ... read more

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FCA sends warning letter to debt firms

Dear CEO letters have often been a final warning before the watchdog takes action, such as making rules stricter or fining firms. The FCA said in the letter published on its website that it had found ... read more


The Financial Road Map for 2018

Third, establishment banks like Goldman Sachs have announced plans to set up crypto-trading desks and promoted the possibility ... electrification research and development sector. 10) Dangers of Trump ... read more

AMD's 'Revolution' will be televised ... if its CPU-GPU frankenchip Kaveri is a hit

UK Home Office's £885m crim records digi project: A 'masterclass in incompetence' Kaveri is baked in a 28-nanometer, planar, bulk silicon process, which is nowhere near as efficient as state-of-the-ar... read more

eToro signs Premier League giants to bitcoin-backed ad deal

Tottenham Hotspur and six other Premier League football clubs have signed marketing partnerships with investment platform eToro with a twist – they’re being paid in bitcoin. The Tel Aviv-based online ... read more

Turkey Provokes Russia with Shoot-down

Further increasing the prospect of a dangerous escalation, NATO has been conducting large-scale military exercises near the Russian border in response to the Ukraine crisis. Erdogan’s government also ... read more

Sales of new Ram pickup to begin by Jan 2018: Fiat Chrysler CEO

“We will be in market by January of '18,” said Marchionne of the new version of FCA's top-selling vehicle in North America, where it made nearly 90 percent of its first-quarter profit. Speaking to rep... read more

Self preservation is AWS security's biggest worry, says gros fromage

He is responsible for AWS security, spanning physical security of Amazon data centres, while also handling warrants and subpoenas from law enforcement. “Customers are responsible for protecting everyt... read more

Read how Fiat Chrysler's president told employees that CEO Sergio Marchionne was being replaced

Below is the full text of the communication Elkann sent to staffers, obtained by CNBC on Sunday: Dear Colleagues, This is without a doubt the most difficult letter I’ve ... and finally at FCA, Sergio ... read more



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