This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

24HR Trading Academy and director see civil proceedings brought by UK FCA

( April 27, 2020, 15:18 GMT | Official Statement) -- MLex Summary: 24HR Trading Academy and its sole director have had proceedings in the High Court commenced against them by the UK Financial Conduct Authority, due to alleged unauthorized investment advice. The FCA alleges that from 2017 onwards, the company and its director advised on investments without FCA authorization and unlawfully made financial promotions. The FCA is seeking an order to distribute the defendants’ frozen assets — currently 624,311 pounds — to consumers who suffered financial losses.The statement follows...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections