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Showing 161 to 170 of 202 search results for take enforcement action against firms.
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Barclays fined £26m for failings surrounding the London Gold Fixing and former Barclays trader banned and fined for inappropriate conduct
Plunkett's actions came the day after the publication of our LIBOR and EURIBOR action against Barclays. ... Principle 3 of the FCA’s Principles for Businesses – ‘Management and control’ - A firm must take reasonable care to organise and control -
Martin Brokers (UK) Limited fined £630,000 for significant failings in relation to LIBOR
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.”. -
Pension transfers or switches with a view to investing pension monies into unregulated products through SIPPs - Further alert
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 -
Financial Conduct Authority to investigate how firms deal with risk benchmark manipulation
We are determined that firms need to take the matter of manipulation of any benchmark seriously and will be working with firms to seek out any issues that may remain.’. ... the FCA will continue to deliver the commitment to establish a robust framework -
Promoting competition in the financial services sector
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. -
FCA wins case against Capital Alternatives
FCA wins case against Capital Alternatives. Press Releases First published:. 17/02/2014. ... The FCA has explained to investors in each of the schemes that they do not need to take any action at this stage regarding the FCA’s case. -
Standard Bank PLC fined £7.6m for failures in its anti-money laundering controls
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). -
Firm fined £1.8million for "unacceptable" approach to bribery & corruption risks from overseas payments
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 -
Tribunal bans former trader for lying to the FCA and the Tribunal
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. -
FCA bans four for 'disgraceful' failings in relation to occupational pension schemes
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