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Showing 51 to 60 of 71 search results for market abuse in relation.

  1. Insider dealers ordered to pay £3.2m in confiscation

    Press Releases Published: 15/09/2014 Last modified: 15/09/2014
    In a case brought by the Financial Conduct Authority (FCA) and heard at Southwark Crown Court Confiscation Orders (the Orders) totalling £3,249,488.71 were made by His Honour Judge Pegden QC between 10 September 2014 and 15 September 2014 against Ali Mustafa, Pardip Saini, Paresh Shah, Neten Shah, Bijal Shah, Truptesh Patel and Richard Joseph. On...
  2. Deutsche Bank fined £4.7m for failing to properly report transactions

    Press Releases Published: 28/08/2014 Last modified: 28/08/2014
    Deutsche Bank AG London Branch (Deutsche) has been fined £4,718,800 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions between November 2007 and April 2013.   Deutsche failed to properly report 29,411,494 Equity Swap CFD (contracts for difference) transactions.  The failure, which affected all Deutsche’s Equity...
  3. Lloyds Banking Group fined £105m for serious LIBOR and other benchmark failings

    Press Releases Published: 28/07/2014 Last modified: 28/07/2014
    The Financial Conduct Authority (FCA) has fined Lloyds Bank plc (Lloyds) and Bank of Scotland plc (BoS), both part of Lloyds Banking Group (LBG), £105 million for serious misconduct relating to the Special Liquidity Scheme (SLS), the Repo Rate benchmark and the London Interbank Offered Rate (LIBOR). £70 million of the fine relates to attempts to...
  4. Former equities trader charged with insider dealing

    Press Releases Published: 25/06/2014 Last modified: 25/06/2014
    The Financial Conduct Authority (FCA) has charged Damian Frank Clarke (DOB: 06/10/1975), a former equities trader at Schroders Investment Management Limited, with 9 counts of insider dealing, contrary to Section 52(1) of the Criminal Justice Act 1993. The offences relate to trading in shares and spread bets between 30 October 2003 and 28 November...
  5. Former UBS trader banned for failings related to US$2.3 billion unauthorised trading losses by Kweku Adoboli

    Press Releases Published: 01/05/2014 Last modified: 01/05/2014
    The Financial Conduct Authority (FCA) has banned John Christopher Hughes from performing any function in relation to any regulated activity in the financial services industry for failings related to US$2.3 billion unauthorised trading losses by another trader Kweku Mawuli Adoboli.  The FCA found that Hughes is not a fit and proper person. Tracey...
  6. Price: the cornerstone of markets

    Speeches Published: 03/02/2014 Last modified: 18/01/2017
    Speech by David Lawton, Director of Markets of the FCA at the International Capital Market Association (ICMA) Capital Market Lecture Series 2014 on Monday 3 February 2014. This is the text of the speech as drafted, which may differ from the delivered version.
  7. 2014 fines

    News stories Published: 02/01/2014 Last modified: 31/08/2016
    This table contains information about fines published during the calendar year ended December 2014. The total amount of fines is £1,471,431,800.
  8. Statement regarding Swift Trade Court of Appeal Judgment

    Statements Published: 19/12/2013 Last modified: 04/11/2014
    On 19 December, the Court of Appeal handed down its judgment on the appeal by the Canadian company formerly known as Swift Trade Inc and its former director Peter Beck, who had appealed against a decision of the Upper Tribunal (Tax and Chancery Chamber) issued in January 2013 finding that Swift Trade had engaged in deliberate market abuse. There...
  9. Modelling integrity through culture

    Speeches Published: 19/11/2013 Last modified: 19/11/2013
    Speech by Martin Wheatley, Chief Executive of the FCA, at the FCA Markets Conference 2013. This is the text of the speech as drafted, which may differ from the delivered version.
  10. Regulation round-up August 2013

    Newsletters Published: 29/08/2013 Last modified: 29/08/2013
    Information for all firms Positive Compliance – New dates added We have added further dates to the schedule for the remainder of the year. This seminar programme explores specifically our expectations and common failings in the areas of pension switching and Income Drawdown and include interactive case studies. These sessions are an excellent...