Showing 261 to 270 of 322 search results for will not take enforcement action.

261. Barclays fined £26m for failings surrounding the London Gold Fixing and former Barclays trader banned and fined for inappropriate conduct

     Press Releases Published: 23/05/2014 Last modified: 24/03/2015
     Plunkett’s actions boosted his own trading book by US$1.75m (excluding hedging). ... Plunkett's actions came the day after the publication of our LIBOR and EURIBOR action against Barclays.

262. 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.”.

263. 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 taken action to stop a large number of firms from operating such business models and will continue to do so. ... We have also recently published two final notices where we took enforcement action against two partners in a firm, Andrew Rees and

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

     Press Releases Published: 31/03/2014 Last modified: 01/04/2014
     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

265. 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

266. 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.

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

     Press Releases Published: 28/02/2014 Last modified: 28/02/2014
     The FCA will take a tough approach to consumer credit with stronger powers to clamp down on poor practice than the previous Office of Fair Trading regime. ... enforcement action and consumer redress.

268. 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
     We expect all firms to put customers at the heart of their business, and we have taken action to ensure clients of FXCM UK will get redress.”. ... Without the discount, the total fine would have been £5,000,000. This enforcement action is unrelated

269. FCA wins case against Capital Alternatives

     Press Releases Published: 17/02/2014 Last modified: 28/01/2015
     We will now await the judgment. The Court of Appeal did not give any indication as to when the judgment would be handed down. ... The FCA has explained to investors in each of the schemes that they do not need to take any action at this stage regarding

270. 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