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Showing 361 to 370 of 442 search results for control of financial crime risks in trade.
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Lloyds Banking Group fined £4.3 million for delayed PPI redress payments
The Financial Services Authority (FSA) has fined three Lloyds Banking Group firms a total of £4,315,000 for failings in their systems and controls that resulted in up to 140,000 customers receiving delayed payment protection insurance (PPI) redress. -
Consumer investments data review April 2021 – March 2022
A summary of the FCA's work to tackle consumer harm in the investment market, between 1 April 2021 and 31 March 2022. -
Two former senior executives of Martin Brokers fined and banned for compliance failings related to LIBOR
Mr Kraft and Mr Caplin were responsible for setting the right culture at Martins and ensuring that the firm’s risk management systems and controls were adequate to oversee its broking ... Both individuals also ignored obvious risks such as the risk -
Automated investment services - our expectations
The FCA carried out two reviews, the first looking at firms offering automated online discretionary investment management and the second looked at firms providing retail investment advice exclusively through automated channels. The FCA reports back -
Barclays fined £38 million for putting £16.5 billion of client assets at risk
Barclays fined £38 million for putting £16.5 billion of client assets at risk. ... Tracey McDermott, FCA director of enforcement and financial crime, said:. 'Barclays failed to apply the lessons from our previous enforcement actions, numerous -
Speech: Culture in UK banking – regulatory priorities
Through this efficient allocation of capital and risk, the economy grows in a stable and long-term way.It is worth adding that for financial services firms to deliver this positive ... Moreover, financial innovation is needed to support technological -
Skilled Persons appointments 2017-2021 information – October 2021
FCA provides Skilled Persons appointments 2017-2021 information. -
Statement of Policy: listed companies and recapitalisation issuances during the coronavirus crisis
The FCA today announces a series of measures aimed at assisting companies to raise new share capital in response to the coronavirus crisis while retaining an appropriate degree of investor protection. -
FCA fines investment firm Sesame £6m for failing to ensure advice given to customers was suitable and for poor systems and controls
The Financial Conduct Authority (FCA) has fined Sesame Limited (Sesame) £6,031,200 for two sets of failings: failing to ensure that investment advice given to its customers was suitable; and failings in the systems and controls that governed the -
FCA contacting 16,000 customers of debt management firm, PDHL
The Financial Conduct Authority (FCA) is currently assessing applications for authorisation from all debt management firms with interim permission. ... the adequacy of PDHL’s systems and controls regarding management information and effective quality