Search results
Showing 261 to 270 of 292 search results for failings in relation to LIBOR.
-
FCA bans and fines former Burlington director for dishonest involvement in the sale of Unregulated Collective Investment Schemes to retail customers
relation to the promotion of three unregulated collective investment schemes (UCIS) to retail investors. ... The FCA has previously taken action against two other individuals – Jeffrey Bennett and John Leslie – for failing to oversee adequately the -
Barclays fined £38 million for putting £16.5 billion of client assets at risk
risk. All firms should be clear after Lehman that there is no excuse for failing to safeguard client assets.'. ... Fines were imposed on the following firms for similar failings:and,and Kyte Group Limited. -
FCA publishes the findings of its work into annuities sales practices and retirement income market
and where some firms are failing to tell customers other providers may offer enhanced annuities for medical conditions that they do not underwrite. ... This work is to determine if the findings in relation to enhanced annuities are indicative of a more -
Proceeds of fraud - Detecting and preventing money mules
We share the key findings from our review of payment account providers’ systems and controls against money mule activity. -
Upper Tribunal upholds the Financial Conduct Authority’s decision to fine and ban Charles Palmer former CEO of adviser network
On 8 August 2017, the Upper Tribunal upheld the Financial Conduct Authority’s (FCA) decision to ban Charles Palmer, former CEO of Financial Limited and Investments Limited (“the Firms”), from performing FCA significant influence functions. -
FCA fines compliance officer and broker whose actions enabled market abuse to be committed in October 2010
The Financial Conduct Authority (FCA) has fined David Davis, senior partner and compliance officer of Paul E Schweder Miller & Co, £70,258, and Vandana Parikh, a broker at the same firm, £45,673, for failing to act with due skill, care and -
Consumer Investments Strategy – 1 year update
The FCA provides an update on its progress against the workstreams and outcomes it committed to in its Consumer Investments Strategy in September 2021. -
FCA review shows too many advisory firms are not yet clear enough with their customers on their charges and services
Whilst failings appear widespread across the industry, wealth managers and private banks performed poorer than other firms in nearly all aspects. ... The failings identified in the FCA’s review suggest some consumers could be unaware of, or even mis-led -
IFPR implementation observations: quantifying threshold requirements and managing financial resources – concluding report
Further observations on how firms are implementing requirements on the Internal Capital Adequacy and Risk Assessment process and reporting under the Investment Firms Prudential Regime. -
FSA fines Aon Limited £5.25m for failings in its anti-bribery and corruption systems and controls
The Financial Services Authority (FSA) has today fined Aon Limited (Aon Ltd) £5.25 million for failing to take reasonable care to establish and maintain effective systems and controls to counter the risks of bribery and corruption associated with