Showing 311 to 320 of 370 search results for take enforcement action.

311. 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).

312. 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 independent review announced by the Chancellor will commence once it is clear that it will not prejudice any actions that

313. 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
     Businesses can be profitable but firms must ensure that they take the necessary steps to control the risks in that business. ... Firms cannot be complacent about their controls – when we take enforcement action we expect the industry to sit up and take

314. 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.

315. FCA bans four for 'disgraceful' failings in relation to occupational pension schemes

     Press Releases Published: 17/12/2013 Last modified: 12/06/2020
     Three men have been banned from working in the financial services industry by the Financial Conduct Authority (FCA); and another has been banned from holding key positions. This follows a review of CBW Trustees Limited and CBW Pensions Forensics

316. The FCA fines Porta Verde £25,000 for serious failings in its appointed representatives’ sales practices

     Press Releases Published: 13/12/2013 Last modified: 08/11/2016
     Firms should be in no doubt that we will take action when they - or their appointed representatives - fail to treat their customers fairly.". ... Porta Verde failed to take the necessary action to correct the problem, or ensure its ARs communicated with

317. Former B&B Group Finance Director fined £30,000 for failings ahead of 2008 rights issue

     Press Releases Published: 12/12/2013 Last modified: 07/02/2022
     Christopher Willford fined £30,000 for failing to provide the board with up-to-date information about B&B’s financial position, including profits, mortgage arrears and re-possessions, ahead of its 2008 rights issue.

318. FCA fines Lloyds Banking Group firms a total of £28,038,800 for serious sales incentive failings

     Press Releases Published: 11/12/2013 Last modified: 25/11/2021
     The Financial Conduct Authority (FCA) has fined Lloyds TSB Bank plc and Bank of Scotland plc, both part of Lloyds Banking Group (LBG), £28,038,800 for serious failings in their controls over sales incentive schemes.

319. FCA fines SEI Investments (Europe) Limited £900,200 for client money breaches

     Press Releases Published: 26/11/2013 Last modified: 29/11/2016
     We have repeatedly emphasised the importance of ensuring that client money is adequately protected and we have taken a number of enforcement actions against firms of all sizes for breaches of ... We will continue to take action to ensure that procedures

320. FCA statement regarding Co-operative Bank

     Statements Published: 22/11/2013 Last modified: 22/11/2013
     The Financial Conduct Authority (FCA) welcomes HM Treasury's announcement that an investigation will take place into the affairs of the Co-operative Bank and the actions of all relevant authorities. ... This investigation will take place under section 77