| UK & Europe | Press releases
NEWS RELEASE: CMC Markets has received FCA authorisation for a new operating subsidiary, focused on offering a wider range of investment opportunities to clients. Bovill Newgate, who assisted the financial services company with obtaining this authorisation, congratulates CMC on this important achievement, which represents a significant milestone in the growth plans for their UK business.
Bovill Newgate partnered with CMC Markets early in their journey towards FCA authorisation, supporting their project team with the more complex aspects of the application. Bovill Newgate then supported the company throughout the authorisation process, providing guidance during crucial stages of the FCA’s application review.
Damon Batten, Capital Markets Practice Lead at Bovill Newgate, said:
“We are delighted to have worked closely with CMC Markets as they progressed towards their goal of FCA authorisation. The level of FCA scrutiny of applications has increased significantly in recent years, and the successful outcome is a credit to the dedicated CMC Markets team.”
ENDS
For further information, please contact:
Tabitha Adams – Luther Pendragon
+44 (0)7500 013062
Polly Barton – Bovill Newgate
+44 (0)20 7620 8440
About Bovill Newgate
Bovill Newgate is a specialist financial services regulatory consultancy, established in 1999 and headquartered in the UK with offices in London, the US, Singapore and Hong Kong. Our sole activity is the provision of high-quality, technically-focused advice and consultancy services on all aspects of financial services regulation. We aim to develop effective solutions to the complex problems of our clients, and do not offer commoditised advice or services. Bovill Newgate has experts spanning all aspects of financial regulation in the UK, Asia and the Americas.
