The Financial Conduct Authority and the Prudential Regulatory Authority have recently been showing signs of gearing up for the new regime which is intended to have the effect of making senior bankers and other financial...more
8/20/2015
/ Bankers ,
Banks ,
Barclays ,
Financial Conduct Authority (FCA) ,
Financial Services Act ,
Forex ,
Libor ,
Personal Liability ,
Prudential Regulation Authority (PRA) ,
Senior Managers ,
Suspicious Activity Reports (SARs) ,
UK
Tom Hayes emerges from his trial at Southwark Crown Court for Libor manipulation as a very considerable loser, who took some very bad decisions in the course of the SFO investigation and trial (and perhaps deserves his long...more
Only a couple of weeks ago I was commenting on a NERA report that had found that in the period between April 2012 and October 2014 the FCA had imposed fines of over £1bn, in sharp contrast to the preceding decade during which...more