Wednesday, April 17

On Wednesday, the UK’s https://www.financemagnates.com/terms/f/financial-conduct-authority-fca/” target=”_blank” id=”4c85a54d-15e0-4e44-a214-8c55f71cb286_1″ class=”terms__main-term” rel=”follow noopener”>Financial Conduct Authority (FCA) announced the cancellation of the Temporary Permissions Regime (TPR) granted to Paris-headquartered Lyonnaise de Banque. It was the first time the British regulator revoked the TPR of a firm “for missing its landing slot and failing to apply for authorization in a timely manner.”

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