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Jessica Tillipman Senior Editor

Harry Cassin Managing Editor


Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

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 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Financial Conduct Authority (41)

Tuesday
Aug212018

Martin Kenney: Whistleblowing is still a career-ending suicide mission

I have commented on several occasions about whistleblowing, so my thoughts on the subject are already well documented. I am a strong advocate of whistleblowing as a means of policing rogue companies or the individuals they employ. I have described whistleblowing as an important item in the regulatory toolbox.

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Wednesday
Jul252018

Reoch and Barrett: Time to shift to ‘conduct from the top’

It has long been recognized that a critical principle of good governance and compliance is the implementation, promotion and communication of the right tone at the top. It is the fundamental groundwork in setting a company’s culture and is arguably the most important principle in the prevention and detection of bribery and unethical conduct.

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Thursday
Jun072018

FCA punishes Canara Bank for AML failures

The UK Financial Conduct Authority fined India's Canara Bank about $1.2 million Wednesday for a series of AML failures and barred it from accepting deposits from new customers for nearly five months.

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Friday
May112018

Barclays boss Staley fined $870,000 for trying to unmask whistleblower 

Barclays chief executive Jes Staley was fined £642,430 ($871,000) by UK regulators Friday for trying to identify an anonymous whistleblower who made allegations about Staley's role in recruiting another employee.

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Monday
Apr232018

Tom Fox: Where are England’s whistleblowers?

The case of Barclays chief Jes Staley attempting to unmask an anonymous whistleblower came to an almost imperceptible and silent ending recently when the UK’s Financial Conduct Authority concluded that Staley's actions were not done intentionally but apparently with some other, lesser standard.

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Wednesday
Jan172018

UK financial regulator wrongly revealed name of RBS whistleblower

An ombudsman for the Financial Conduct Authority said the agency should apologize to a former Royal Bank of Scotland employee after it revealed his name during a whistleblower investigation in 2013.

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Monday
Jan082018

Former Slaughter and May partner named chief of UK financial regulator

The new chief of the regulator of the financial services industry in the United Kingdom is a former corporate finance partner at magic circle firm Slaughter and May.

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Monday
Dec112017

UK Regulator: Smart machines alone can't defeat money laundering

Rob Gruppetta, Head of the Financial Crime Dept. at the FCAArtificial intelligence will always be a "work in progress" in fighting money laundering and won't entirely replace humans and their intuition, a top UK regulator said.

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Wednesday
Dec062017

UK fines former AXA insurance broker for false independence claims

A broker formerly owned by the insurer AXA UK Plc was fined Wednesday for failing to disclose that it wasn't independent but instead had a business strategy to sell AXA products.

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Friday
Oct132017

UK enforcement: FCA bans husband and wife for hiding offshore cash

A husband and wife lied to authorities to conceal assets from a bankruptcy trustee after their financial advisory firm went bust and caused nearly £4 million ($5.25 million) in losses to customers.

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Friday
Aug252017

UK regulator rejects experienced compliance officer for ‘competence concerns’

The Financial Conduct Authority refused to approve a compliance officer for an online trader despite almost 20 years of prior experience.

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Thursday
Jun222017

UK enforcement: Charging Barclays is a good first step to ending corporate impunity

Until the SFO announced its charges against Barclays, not a single UK bank or individual had faced criminal prosecution for their role in the financial crisis of 2008.

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