The Financial Conduct Authority (FCA) has fined Deutsche Bank £163m for failing to prevent 'Russian mirroring' trades between 2012 and 2015.
The FCA said this was the largest fine for anti-money laundering (AML) controls failings ever imposed by it or its predecessor, the Financial Services Authority. In addition, the bank agreed to pay...
Lost permissions two years ago
Advisers need to respond to FCA
Deadlines had been extended due to Covid-19
'Intellectually dishonest and... contrary to the law'
Systems, controls, governance and culture
Good News Bulletin
An estimated £2.75bn
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
Why writing to MPs won't fix the FSCS levy - but writing to the Treasury Select Committee just might
It’s The Pro Adviser Podcast