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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, 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 partnered with CMC Markets early in their journey towards FCA authorisation, supporting their project team with the more complex aspects of the application. Bovill 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, 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.”
For further information, please contact:
Tabitha Adams – Luther Pendragon
+44 (0)7500 013062
Polly Barton – Bovill
+44 (0)20 7620 8440
Bovill 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 has experts spanning all aspects of financial regulation in the UK, Asia and the Americas.