![FCA Closes IBP Markets amidst Concerns of Financial Crime Risks](https://dailytalks.org/wp-content/uploads/2023/10/111787-fca-closes-ibp-markets-amidst-concerns-of-financial-crime-risks.jpg)
The Financial Conduct Authority (FCA) imposed
restrictions on IBP Markets Limited, a wholesale broker, on September 15, 2023.
This move is due to concerns by the regulator about the business conduct of the
firm and to protect clients’ funds. Subsequently, the regulator has halted IBP Markets
from conducting regulated activities and prevented it from devaluing its
assets…
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