Showing 301 to 310 of 370 search results for take enforcement action.

301. Martin Brokers (UK) Limited fined £630,000 for significant failings in relation to LIBOR

     Press Releases Published: 15/05/2014 Last modified: 22/03/2016
     As we have said before, firms need to take their responsibilities to uphold market integrity seriously. ... If firms fail to heed these warnings then we will take action against them.”.

302. Pension transfers or switches with a view to investing pension monies into unregulated products through SIPPs - Further alert

     News stories Published: 28/04/2014 Last modified: 28/04/2014
     We have also recently published two final notices where we took enforcement action against two partners in a firm, Andrew Rees and Timothy Hughes, who failed to comply with our rules ... We anticipate further firms, and their senior management, being

303. Financial Conduct Authority to investigate how firms deal with risk benchmark manipulation

     Press Releases Published: 31/03/2014 Last modified: 01/04/2014
     the FCA will continue to deliver the commitment to establish a robust framework of supervision for LIBOR and take tough and meaningful action against firms and individuals who fail to follow ... continuing the FCA’s credible deterrence agenda and

304. Besso Limited fined for anti-bribery and corruption systems failings

     Press Releases Published: 19/03/2014 Last modified: 19/03/2014
     The Financial Conduct Authority (FCA) has fined Besso Limited £315,000 for a failure to take reasonable care to establish and maintain effective systems and controls for countering the risks of ... Where we find firms failing to do so, we will take

305. Promoting competition in the financial services sector

     Speeches Published: 11/03/2014 Last modified: 18/03/2014
     Christopher Woolard, Director of Policy, Risk and Research, the FCA, at the Future of Financial Services summit, London. This is the text of the speech as drafted, which may differ from the delivered version.

306. 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.

307. 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
     These rules require firms to take reasonable steps to secure the best possible deal for their clients. ... Without the discount, the total fine would have been £5,000,000. This enforcement action is unrelated the FCA’s ongoing investigation into

308. 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

309. 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
     State Street UK’s significant failings in culture and controls allowed deliberate overcharging to take place and to continue undetected. ... A firm must take reasonable care to organise and control its affairs responsibly and effectively, with adequate

310. 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.".