Uk agency company forex

Uk agency company forex

18/04/ · People in this list will have committed enough for me to put them in; Running martingale Expert Advisors. Running broker affiliate scams – getting people to deposit £ Lying/being fraudulent in what you say or by creating fake reviews. Trading on behalf of other people when not FCA authorised/regulated The Financial Conduct Authority (FCA) is the main regulatory agency for the Forex Brokers that are based in the UK. Choosing a regulated UK FCA broker is a wise decision of any Unitd Kingdom based forex trader. The brokers in below comparison table represent the best FCA regulated forex brokers. List of 5 FCA Regulated Forex Brokers List Read More» The online forex broker Plus UK Ltd is authorized as well as regulated by the Financial Conduct Authority. The forex broker services both institutional customers and retail investors and offers Estimated Reading Time: 9 mins

OFX | International Money Transfers (formerly UKForex)

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Two foreign exchange agents banned for total of 24 years after securing more than £9 million from clients only to use the funds to payback previous clients. Peter John Roebuck 65from Berkhamsted, Buckinghamshire, and Preston-based Francis Edward Tarling 75 both received year disqualifications and their bans are effective from uk agency company forex October The foreign exchange agents are now banned from acting as directors or directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company.

Roebuck and Tarling were directors of a company called Concept Consultancy Services Limited and between May and Mayuk agency company forex, the company entered into Private Loan Agreements with clients worth at least £9.

Clients were promised that their funds would be used by a third party to conduct forex trades and Concept Consultancy Services would make returns to the client to meet monthly interest and loan repayments. But the company began to struggle and in SeptemberConcept Consultancy Services entered into administration before being liquidated in August Investigators established that £9.

However, at least £8. Further enquiries discovered that at least 15 investors who entered into loan agreements after September received no repayments from Concept Consultancy Services.

On 10 Septemberthe Secretary of State accepted year disqualification uk agency company forex from both Roebuck and Tarling. Our investigations proved that Roebuck and Tarling accepted millions of pounds from clients who thought their funds were going to be used for foreign exchange trades. However, this was nothing more than an unscrupulous scheme and unbeknownst to investors, new money coming in went straight out to service the debts owed to previous clients.

Disqualification undertakings are the administrative equivalent of a disqualification order but do not involve court proceedings. Persons subject to a disqualification order are bound by a range of other restrictions. Further information about the work of the Insolvency Service, and how to complain about financial misconduct, is available. Email press. office uk agency company forex. This service is for journalists only.

For any other queries, please contact the Insolvency Enquiry Line, uk agency company forex. For all media enquiries outside normal working hours, please contact the Department for Business, Energy and Industrial Strategy Press Office on Check what you need to do. To help us improve GOV. It will take only 2 minutes to fill in. Cookies on GOV, uk agency company forex. UK We use some essential cookies to make this website work. Accept additional cookies Reject additional cookies View cookies.

Hide this message. Skip to main content. Coronavirus COVID Guidance and support. Home Business and industry Running a business Limited companies and partnerships Company closure, uk agency company forex, administration, liquidation and insolvency. Press release Forex agents banned after misappropriating £9 million. From: The Insolvency Service Published 5 October Rob Clarke, Chief Investigator for the Insolvency Service, said: Our investigations proved that Roebuck and Tarling accepted millions of pounds from clients who thought their funds were going to be used for foreign exchange trades.

Notes to editors Peter John Roebuck is from Berkhamsted and his date of birth is May Francis Edward Tarling is from Preston uk agency company forex his date of birth is December Concept Consultancy Services Limited Company Reg no. Contact Press Office Press Office 16th Floor, 1 Westfield Ave London E20 1HZ Email press. uk Media Manager Share this page Share on Facebook Share on Twitter.

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The online forex broker Plus UK Ltd is authorized as well as regulated by the Financial Conduct Authority. The forex broker services both institutional customers and retail investors and offers Estimated Reading Time: 9 mins 05/10/ · Forex agents banned after misappropriating £9 million. Two foreign exchange agents banned for total of 24 years after securing more than £9 million from clients only Estimated Reading Time: 4 mins The Financial Conduct Authority (FCA) is the main regulatory agency for the Forex Brokers that are based in the UK. Choosing a regulated UK FCA broker is a wise decision of any Unitd Kingdom based forex trader. The brokers in below comparison table represent the best FCA regulated forex brokers. List of 5 FCA Regulated Forex Brokers List Read More»