The Financial Conduct Authority (FCA) has fined J.P. Morgan International Bank Limited (JPMIB) £3,076,200 for systems and controls failings relating to its provision of retail investment advice and portfolio investment services.
The NASDAQ OMX Group, Inc. (NDAQ) and the Financial Conduct Authority (FCA), an independent body that regulates the financial services industry in the United Kingdom, today announced that the FCA has officially gone live with NASDAQ OMX's SMARTS Integrity market surveillance platform to enhance its monitoring of transaction reports across the UK's financial markets.
Bats Global Markets today announced that the U.K. Financial Conduct Authority (FCA) has approved Bats Chi-X Europe's application for Recognised Investment Exchange (RIE) status, with effect from 20th May 2013.
The Financial Conduct Authority (FCA) has fined EFG Private Bank Ltd (EFG) £4.2 million for failing to take reasonable care to establish and maintain effective anti-money laundering (AML) controls for high risk customers. The failings were serious and lasted for more than three years.
New UK banking watchdog the Financial Conduct Authority (FCA) has begun an investigation into the IT meltdown which hit Royal Bank of Scotland customers last summer.
The head of new City watchdog the Financial Conduct Authority has vowed to take a more proactive approach than his predecessors, monitoring social media sites like Twitter to sniff out illegal behaviour.
Payleven, one of several European firms hawking an app and dongle-based system for turning smartphones into card readers, has been fully authorised by the UK's Financial Services Authority as a payment institution.
The Financial Services Authority (FSA) and the Bank of England have published the results of their review (the Review) into barriers to new entrants to the banking sector.
The Financial Services Authority (FSA) has finalised new rules and regulations for financial benchmarks. This follows the recommendations of the Wheatley Review of the London Inter-Bank Offered Rate (LIBOR).
The Financial Services Authority has achieved the seventh conviction in an insider trading investigation centred around the leaking of price sensitive data from JPMorgan Cazenove.
© Finextra Research 2013