WebJun 23, 2024 · LONDON, June 23 (Reuters) - Britain's Financial Conduct Authority (FCA) has fined Ghana International Bank (GHIB) 5.8 million pounds ($7.1 million) for failings … WebNov 16, 2024 · The FCA has fined a UK regulated bank over £1.5 million for significant weakness in its financial crime systems and controls. As detailed in its Decision Notice, between 9 June 2014 and 5 July 2024, the bank failed to conduct sufficient checks on its customers based in countries with a higher risk of money laundering and terrorist …
HSBC fined £64m for anti-money laundering failings - BBC News
WebMay 12, 2024 · A European asset management firm was recently fined £9.1mn by the FCA for failure to adhere to these principles and effectively manage conflicts of interest. According to the notice, “Asset managers act as agents for their customers, making investment decisions in financial markets on their behalf. Confidence that asset … WebDec 17, 2024 · The FCA is making a concerted effort to enforce money laundering regulations more forcefully. NatWest Group Plc was fined 265 million pounds at a … switch off low data mode
TSB fined £48m over ‘serious failings’ in IT meltdown
WebSep 27, 2024 · The Securities and Exchange Commission today charged Michigan-based automaker FCA US LLC, and its parent company, Fiat Chrysler Automobiles N.V., for misleading investors about the number of new vehicles sold each month to customers in the United States. FCA US and Fiat Chrysler Automobiles have agreed to pay $40 million to … WebDec 17, 2024 · HSBC has been fined 64 million pounds ($85 million) by British regulators for failings in its anti-money laundering processes spanning eight years. ... The FCA said its fine did not relate to the ... WebNov 30, 2024 · Britain's Financial Conduct Authority (FCA) said on Wednesday it had fined a UK subsidiary of Swiss private bank Julius Baer 18 million pounds ($21.59 million) for failing to conduct its business ... switch off lights on bt smart hub 2