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Financial Conduct Authority

UK insider dealing probes dipped since Covid-19

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

Published 16 Oct, 2022 03:53am

World

IMF warns Britain over turning regulators into cheerleaders for finance

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

Published 24 Feb, 2022 06:34am

Business & Finance

Britain to curb marketing of crypto investments

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

Published 20 Jan, 2022 04:21am

Markets

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

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

Published 19 Jan, 2022 05:20pm

Business & Finance

Barclays CEO Staley departs after Epstein probe

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

Published 02 Nov, 2021 05:20am

Markets

Crypto exchange Binance says sterling withdrawals reactivated after outage

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.

Published 30 Jun, 2021 05:48pm

Business & Finance

Britain bans Binance in latest cryptocurrency crackdown

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

Published 28 Jun, 2021 04:38am

Markets

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

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

Published 03 Jun, 2021 12:36pm

World

Greensill boss takes full responsibility for collapse

LONDON: Australian financier Lex Greensill on Tuesday took full responsibility for the collapse of his finance group...

Updated 12 May, 2021 10:26am

World

Britain to use Brexit ‘flexibility’ to make City of London more attractive

LONDON: Britain will use its freedom from European Union rules to regulate markets flexibly and make the City of...

Updated 19 Apr, 2021 09:56am

Business & Finance

Young investors taking on lots of risk

LONDON: A new generation of young consumers, often influenced by social networks and using trading apps, are ...

Published 29 Mar, 2021 06:05am

Markets

UK regulator censures Premier FX for 'seriously misleading' customers

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.

Published 25 Feb, 2021 07:03pm

World

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

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.

Published 22 Feb, 2021 06:44pm

Markets

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

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.

Published 16 Feb, 2021 05:25pm

Business & Finance

British banks told to pause branch closures

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.

Published 28 Jan, 2021 07:04pm

World

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

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.

Published 13 Jan, 2021 05:39pm

Markets

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

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.

Published 11 Jan, 2021 06:42pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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