Topic

Financial Conduct Authority

UK regulators rush to assess risks of latest Anthropic AI model: FT

Published 13 Apr, 2026 05:59am

LONDON: British financial regulators are holding urgent talks with the government’s cyber security agency and major...

UK insider dealing probes dipped since Covid-19

Published 16 Oct, 2022 03:53am

British authorities have searched five homes and arrested eight people in connection with insider-dealing...

IMF warns Britain over turning regulators into cheerleaders for finance

Published 24 Feb, 2022 06:34am

LONDON: A push to make London more attractive as a global financial centre after Brexit must not threaten high...

Britain to curb marketing of crypto investments

Published 20 Jan, 2022 04:21am

LONDON: Britain’s financial watchdog said on Wednesday it planned to curb the marketing of cryptoassets and other...

UK to rein in marketing of high-risk investments like cryptoassets

Published 19 Jan, 2022 05:20pm

LONDON: Britain's financial watchdog said on Wednesday it planned to introduce restrictions on marketing ...

Barclays CEO Staley departs after Epstein probe

Published 02 Nov, 2021 05:20am

LONDON: Barclays Chief Executive Jes Staley is leaving the bank after a dispute with British financial regulators...

Crypto exchange Binance says sterling withdrawals reactivated after outage

Published 30 Jun, 2021 05:48pm

Users of the exchange, one of the world's biggest, said they were unable to withdraw or deposit sterling via the Faster Payments network - which enables mobile, internet and other payments between British bank accounts - or bank cards.

Britain bans Binance in latest cryptocurrency crackdown

Published 28 Jun, 2021 04:38am

LONDON: Britain's financial regulator has ordered Binance, one of the world's largest cryptocurrency exchanges, to...

Cryptocurrency firms not meeting anti-money laundering rules, UK regulator says

Published 03 Jun, 2021 12:36pm

While standards are widely seen to have improved, global regulators and policymakers have in recent months voiced concerns over the illicit use of crypto.

The Financial Conduct Authority (FCA) said it would have imposed a substantial fine on the company if it had not already been in liquidation or owed its 136 creditors - most of which are consumers - roughly 9.2 million pounds ($13 million).
We may never understand Peter Rexstrew's motivation for operating Premier FX in this way, using new customers' funds to pay existing customers or business expenses.

Don't ignore ‘lockdown fatigue’, UK watchdog tells finance bosses

Published 22 Feb, 2021 06:44pm

Many staff at financial companies have been working from home since Britain went into its first lockdown in March last year to fight the COVID-19 pandemic.
During this third lockdown, there has been a greater impact on mental well-being, with many people struggling with job security, caring responsibilities, home schooling, bereavements and lockdown fatigue.

Ex-Goldman Sachs analyst, brother charged in UK with insider trading

Published 16 Feb, 2021 05:25pm

Mohammed Zina was employed by Goldman Sachs International as an analyst in the Conflicts Resolution Group in their London office. Suhail Zina was a solicitor at Clifford Chance, also in London.
Goldman Sachs said the protection of confidential client information is of paramount importance for the bank, and it has worked very closely with the FCA.

British banks told to pause branch closures

Published 28 Jan, 2021 07:04pm

Some banks and building societies have informed us that they are either going ahead with branch closures already announced, or announcing new branch closures during the current lockdown.
We are concerned that these activities could have significant consequences for customers.

You can repossess cars but not homes during COVID, watchdog tells UK banks

Published 13 Jan, 2021 05:39pm

The FCA's no forced repossession guidance, introduced after the first lockdown in March last year, had been due to expire at the end of January.
We propose extending this guidance so that firms should not enforce repossessions before 1 April 2021.

End-game for Libor is now clear, say UK financial regulators

Published 11 Jan, 2021 06:42pm

Firms should have everything they need to shift new financial contracts to SONIA, the BoE overnight interest rate.
Regulators want the use of Libor ended after banks were fined for trying to rig what was once dubbed the world's most important number.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Oct 1	158.32
USD to Swiss Franc / Oct 1	0.84
Pound Sterling to USD / Oct 1	1.32
Euro to USD / Oct 1	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
Dow Jones / Sep 30	50,906.05
India Sensex / Oct 1	71,770.30
Tokyo Nikkei / Oct 1	68,956.72
FTSE 100 / Oct 1	10,413.82
Germany DAX 30 / Oct 1	24,851.64
France CAC40 / Oct 1	7,827.14

Item	Value
Gold 10 Grams PKR / Sep 30	378,631
Petrol/Litre / Oct 1	387.54
Crude Oil USD/Barrel / Oct 1	92.53
Karachi Cotton PKR/37.32 KG / Oct 1	18,480
Gold Spot USD/Ounce / Oct 1	4,162.20
Diesel/Litre / Oct 1	402.24
Cotton US¢/pound / Oct 1	78.41

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	15.70 ▲ 1.43 (10.02%)
Arctic Textile / Oct 1 Arctic Textile Mills Limited(ARCTM)	57.33 ▲ 5.21 (10%)
Dewan Motors / Oct 1 Dewan Farooque Motors Limited(DFML)	17.49 ▲ 1.59 (10%)
Ellcot Spinning / Oct 1 Ellcot Spinning Mills Limited(ELSM)	196.28 ▲ 17.84 (10%)
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
Fazal Cloth / Oct 1 Fazal Cloth Mills Limited(FZCM)	280.46 ▲ 25.5 (10%)
Mandviwala / Oct 1 Mandviwala Mauser Plastic Industries(MWMP)	84.78 ▲ 7.71 (10%)
Asim Textile / Oct 1 Asim Textile Mills Limited(ASTM)	125.35 ▲ 11.39 (9.99%)
Popular Islamic / Oct 1 Popular Islamic Modaraba(PIM)	65.60 ▲ 5.96 (9.99%)
F. Nat.Equities / Oct 1 First National Equities Limited(FNEL)	1.22 ▲ 0.1 (8.93%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	124.80 ▼ -39.21 (-23.91%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	45.51 ▼ -5.06 (-10.01%)
First Tri-Star Mod. / Oct 1 First Tri-Star Modaraba(FTSM)	44.03 ▼ -4.89 (-10%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.14 ▼ -2.9 (-9.99%)
East West Ins. / Oct 1 East West Insurance Company Limited(EWIC)	59.60 ▼ -6.02 (-9.17%)
Apna Microfin. / Oct 1 Apna Microfinance Bank Limited(AMBL)	18.01 ▼ -1.79 (-9.04%)
Mughal Energy / Oct 1 Mughal Energy Limited(GEM)(GEMMEL)	37.30 ▼ -3.7 (-9.02%)
Power Cem(Pref) / Oct 1 Power Cement (Pref)(POWERPS)	29.62 ▼ -2.87 (-8.83%)
Pakistan Credit Rating Agency / Oct 1 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	45.01 ▼ -3.51 (-7.23%)
Leather Up Ltd. / Oct 1 Leather Up Limited(LEUL)	70.02 ▼ -5.22 (-6.94%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	85,773,079 ▲ 0.22
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	22,504,262 ▲ 0.07
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	22,486,127 ▼ -2.9
Tasdeeq Info. Serv. / Oct 1 Tasdeeq Information Services Limited(TISL)	16,722,483 ▲ 0.03
Cnergyico PK / Oct 1 Cnergyico PK Limited(CNERGY)	16,711,108 ▼ -0.14
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	15,189,814 ▲ 1.43
WorldCall Telecom / Oct 1 Worldcall Telecom Limited(WTL)	12,799,072 ▲ 0
Oilboy Energy / Oct 1 Oilboy Energy Limited(OBOY)	12,443,436 ▲ 0.61
Pak Refinery / Oct 1 Pakistan Refinery Limited(PRL)	11,247,410 ▼ -1.7
Yousuf Weaving / Oct 1 Yousaf Weaving Mills Limited(YOUW)	11,170,199 ▼ -0.03

Financial Conduct Authority

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