Dan Barrs

@Ecospecial23 hi

@Ecospecial23 Hi

@Ulul_Ami fake

maybe one day this discovery will be developed even better

Are FCA fines becoming harder to defend? Recent decisions by the Upper Tribunal suggest that the Financial Conduct Authority may need to rethink how it justifies the size of its financial penalties. In several high-profile cases, the Tribunal has upheld findings of misconduct but reduced the level of the fines imposed. • In the case of Arian Financial LLP, linked to cum-ex trading, a £744k penalty was cut to approximately £289k after the Tribunal found flaws in the FCA’s calculation methodology. • Former executives of Metro Bank, including ex-CEO Craig Donaldson, saw their fines reduced by around 25%, despite confirmation of regulatory breaches. • In a market manipulation case involving traders at Mizuho International, the Tribunal again upheld misconduct findings but adjusted penalties after reassessing relevant revenue calculations. The pattern is notable: the underlying breaches stand — but the quantum of penalties does not always survive full judicial scrutiny. For regulated firms and senior managers, this reinforces an important point: penalty methodology is contestable. For the FCA, it may signal the need to further strengthen the analytical and evidential foundations behind its enforcement calculations to ensure sanctions remain proportionate, defensible, and truly deterrent.

Crypto isn’t risky. Overexposure is. Leverage is. Ego is. Risk management > predictions.

UK: FCA Takes Legal Action Against Crypto Exchange HTX The UK Financial Conduct Authority (FCA) has initiated proceedings before the High Court in London against global cryptocurrency exchange HTX (formerly Huobi). What’s the issue? The FCA alleges that HTX unlawfully promoted crypto-asset services to UK consumers via social media platforms including X, YouTube, and LinkedIn, in breach of the UK’s financial promotions regime introduced in October 2023. Under UK law: Any financial promotion (including crypto-assets) directed at UK consumers must be approved by an FCA-authorised firm or issued by an authorised entity. Unauthorised promotions constitute a criminal offence. Firms must include clear risk warnings, cooling-off periods for retail investors, and comply with strict marketing restrictions. The FCA’s position The regulator claims that HTX: Continued promotional communications despite warnings Failed to meet UK compliance requirements Operates with a structure the FCA considers insufficiently transparent The FCA is seeking: A court declaration confirming breaches of the rules An order preventing further promotions to UK consumers Potential restrictive measures, including blocking access or content within the UK What this means for investors HTX is listed on the FCA’s warning list. This means: UK clients are not protected by the Financial Ombudsman Service They are not covered by the Financial Services Compensation Scheme (FSCS) in the event of platform failure The broader message This case sends a clear signal: The UK is asserting regulatory reach over overseas crypto firms targeting UK consumers. Social media is not a regulatory grey zone. Crypto marketing is now firmly within the scope of financial regulation. The UK aims to be a global crypto hub — but a regulated one. For crypto platforms operating cross-border, the message is straightforward: if you target UK consumers, full compliance with UK rules is not optional. Thoughts?

Corporate crypto accounts feel polished. Personal accounts feel real. That’s why I’m posting from my own name instead of hiding behind a logo.

@darrengrimes boris johnson

@susanneroth4 @MattWallace888 such a prejudiced statement

PAY CLOSE ATTENTION TO HIS WORDS

@EliAfriatISR no way, what a war monger

Do you stand with Benjamin Netanyahu? A. YES B. NO

@Mofoman360 Forgiveness is very important, especially as she was only 15

Shamima Begum decided to be a traitor to the UK 🇬🇧 and we should NEVER let her back in the country do you agree Yes or No?

@VividProwess proud of genocide

It took Israel 🇮🇱 only 14 months to show who’s boss. Hamas? Obliterated. Hezbollah? A headless shadow. Assad's Syria? Erased. The Islamic Regime of Iran? Terrified. Hassan Nasrallah? Eliminated. Yahya Sinwar? Annihilated. Ismail Haniyeh? Finished. Absolute Domination.

@elonmuskADO 96