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.
Entries in Financial Conduct Authority (27)
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.
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.
The job of the UK's top financial regulator includes enforcing requirements to designate compliance officers with defined professional roles and duties.
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.
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.
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.
The Financial Conduct Authority released new rules Tuesday for the UK banking and insurance sector to protect whistleblowers and encourage them to come forward.
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.
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.
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.
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.