Showing 431 to 440 of 512 search results for enforcement action.

431. FCA confirms tough new rules for £200bn consumer credit market

     Press Releases Published: 28/02/2014 Last modified: 28/02/2014
     enforcement action and consumer redress. ... Dedicated supervision and enforcement teams will crack down on poor practice, money laundering and unauthorised business.

432. The Financial Conduct Authority fines FXCM UK £4 million for making ‘unfair profits’ and not being open with the FCA

     Press Releases Published: 26/02/2014 Last modified: 26/02/2014
     Once the FCA has recovered the costs related to enforcement cases, the balance is passed to HM Treasury. ... Without the discount, the total fine would have been £5,000,000. This enforcement action is unrelated the FCA’s ongoing investigation into

433. FCA wins case against Capital Alternatives

     Press Releases Published: 17/02/2014 Last modified: 28/01/2015
     They were promoted and operated without Financial Conduct Authority authorisation. The FCA launched legal action in July 2013 in respect of two investment schemes:. ... The FCA has explained to investors in each of the schemes that they do not need to

434. Fraudster Benjamin Wilson sentenced to seven years imprisonment following successful FCA prosecution

     Press Releases Published: 14/02/2014 Last modified: 22/11/2021
     Benjamin Wilson of Bournemouth, Dorset sentenced to seven years at Southwark Crown Court for defrauding investors of over £21m, following previous guilty pleas for fraud, forgery and operating a collective investment scheme without authorisation

435. State Street UK fined £22.9m by Financial Conduct Authority for Transitions Management failings

     Press Releases Published: 31/01/2014 Last modified: 31/01/2014
     Tracey McDermott, director of enforcement and financial crime, said:. “The findings we publish today are another example of a firm that has acted with complete disregard for the interests of its ... Once senior management became aware of the issue

436. FCA bans former BGC senior executive Anthony Verrier

     Press Releases Published: 29/01/2014 Last modified: 30/06/2014
     Tracey McDermott, the FCA's director of enforcement and financial crime, said:. ... Where we have evidence of failures to do so, in whatever context this occurs, the FCA will take action accordingly.".

437. Standard Bank PLC fined £7.6m for failures in its anti-money laundering controls

     Press Releases Published: 23/01/2014 Last modified: 23/11/2021
     The Financial Conduct Authority (FCA) has fined Standard Bank PLC (Standard Bank) £7,640,400 for failings relating to its anti-money laundering (AML) policies and procedures over corporate customers connected to politically exposed persons (PEPs).

438. Statement on Co-operative Bank enforcement investigation

     Statements Published: 06/01/2014 Last modified: 06/01/2014
     Statement on Co-operative Bank enforcement investigation. Statements First published:. 06/01/2014. Last updated: 06/01/2014. ... The Financial Conduct Authority (FCA) has confirmed it will be undertaking enforcement investigations into events at the

439. Firm fined £1.8million for "unacceptable" approach to bribery & corruption risks from overseas payments

     Press Releases Published: 19/12/2013 Last modified: 30/08/2015
     Firms cannot be complacent about their controls – when we take enforcement action we expect the industry to sit up and take notice.". ... JLTSL failed to manage the risks created by overseas payments, so the FCA has taken action against JLTSL for

440. Tribunal bans former trader for lying to the FCA and the Tribunal

     Press Releases Published: 17/12/2013 Last modified: 19/12/2013
     Given this finding the Tribunal allowed Hobbs’ reference and directed the FCA to take no action against him. ... Tracey McDermott, Director of Enforcement and Financial Crime, said:. “Hobbs misled the FCA during its investigation.