FCA fines Deutsche Bank £163m for not spotting money laundering
In addition to $425m fine from US regulator
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...
More on Regulation
Midlands firm fails leaving almost 30 FSCS compensation claims
Lost permissions two years ago
Pull the other one, Mr Regulator, a risk-based FSCS levy is too good to be true
Advisers need to respond to FCA
FCA to end temporarily postponed deadlines for fund reports and accounts
Deadlines had been extended due to Covid-19
Gina Miller slams FCA's 'scandalous' compensation review
'Intellectually dishonest and... contrary to the law'
Chris Davies: The FCA and your financial resilience
Systems, controls, governance and culture
More news
Advisers training to prevent suicide... plus more good news from this week
Good News Bulletin
The Bank of Mum and Dad raid kids' savings during Covid, study shows
An estimated £2.75bn
Morningstar: UK equity funds suffer £2.6bn August outflows
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
