A financial director of an Investment firm which sold investment products to retail investors has been fined £350,000 by the FCA because he did not notify the FCA of failed payments. The financial director also failed to challenge a complicated transaction, permitting the release of £500,000 of its firm’s corporate funds with no thought for […]

FCA Fines Bank of Beirut (UK) Ltd, Compliance Officer And Internal Auditor For Providing Misleading Information To The FCA A decision report and comment on the FCA’s decision in March 2015 to fine and publicly censure a bank, its compliance officer and its internal auditor for providing misleading information to the FCA. The bank in […]

FCA Fines Bank of Beirut (UK) Ltd, Compliance Officer And Internal Auditor For Providing Misleading Information To The FCA A decision report and comment on the FCA’s decision in March 2015 to fine and publicly censure a bank, its compliance officer and its internal auditor for providing misleading information to the FCA. The bank in […]