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Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

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Entries in Financial Conduct Authority (27)

Monday
Dec122016

DOJ creates new job in London at SFO, FCA

The DOJ said Friday it has created a new position for a lawyer who'll be seconded to the UK for two years to collaborate on financial fraud and foreign bribery cases.

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Thursday
Oct132016

UK punishes Sonali Bank and its ‘unsupported and overworked’ ex-compliance officer

The UK Financial Conduct Authority Wednesday sanctioned Sonali Bank (UK) Limited and its former compliance officer after years of serious anti-money laundering system failures.

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Thursday
Aug182016

This Morgan Stanley isn't the Morgan Stanley you think it is

The UK Financial Conduct Authority issued a warning Monday about a cloned firm using Morgan Stanley's name and London address to take money from victims.

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Friday
Jun242016

Brexit: What happens to UK financial regulations?

The job of the UK's top financial regulator includes enforcing requirements to designate compliance officers with defined professional roles and duties.

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Tuesday
May102016

Panama Papers: RBS, NatWest disclose FCA inquiry

Two related UK banks said in separate U.S. securities filings that the UK's top financial regulator has asked for information about any relationship the banks had with the Panama law firm at the center of the Panama Papers leak or with any individuals named in media coverage about the story.

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Monday
Mar072016

UK bans former Deutsche Bank trader for LIBOR fraud

The UK Financial Conduct Authority Wednesday banned a former trader at Deutsche Bank AG from the UK financial services industry for "lacking honesty and integrity" following his guilty plea for fraud in the United States.

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Monday
Nov302015

Barclays fined $108 million for kowtowing to rich PEPs

The UK Financial Conduct Authority fined Barclays Bank £72 million ($108 million) Thursday for rushing to serve rich politically exposed persons and keeping their deal secret.

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Wednesday
Oct072015

UK releases new whistleblower rules for banks and insurance companies

The Financial Conduct Authority released new rules Tuesday for the UK  banking and insurance sector to protect whistleblowers and encourage them to come forward.

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Wednesday
Apr222015

UK fines Merrill Lynch £13 million for 35 million compliance lapses

The UK Financial Conduct Authority on Wednesday fined Merrill Lynch International £13,285,900 ($19.8 million) for incorrectly reporting 35,034,810 transactions and failing to report another 121,387 transactions between November 2007 and November 2014.

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Wednesday
Apr152015

UK fines BNY Mellon £126 million for custody compliance failures

The Financial Conduct Authority Tuesday fined two Bank of New York Mellon units a total of £126 million ($185 million) for failing to comply with the FCA custody rules for the safe-keeping of client money.

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Monday
Mar232015

UK to compliance officers: ‘Show a backbone’

A former compliance officer at the Bank of Beirut (UK) lied to the Financial Conduct Authority. Anthony Willis said the bank was complying with orders to enhance its compliance program when it wasn't. When the FCA caught Wilis in the lies, he said it wasn't his fault.

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Thursday
Mar122015

UK compliance officer and internal auditor lied to regulator

A compliance officer and an internal auditor at the Bank of Beirut (UK) Ltd misled the UK Financial Conduct Authority about steps taken by the bank to protect against financial crime.

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