Showing 1 to 10 of 93 search results for million for serious financial crime.

1. Evolving our enforcement approach to protect and grow our markets

   Speeches Published: 27/02/2024 Last modified: 27/02/2024
   Speech by Therese Chambers, FCA joint executive director of enforcement and market oversight, delivered at The Market Abuse and Market Manipulation Summit.

2. Calibrating controls to build confident markets

   Speeches Published: 06/09/2023 Last modified: 06/09/2023
   Speech by Sarah Pritchard, Executive Director of Markets and International at the Financial Crime Summit 2023 by 1LoD.

3. FCA fines ED&F Man Capital Markets Ltd £17.2m for serious failings which enabled millions in illegitimate tax reclaims

   Press Releases Published: 05/06/2023 Last modified: 05/06/2023
   The FCA has fined ED&F Man Capital Markets Ltd (‘MCM’) £17,219,300 for serious failings in its oversight of cum-ex trading. These failings allowed MCM to collect fees for trading strategies designed to enable its clients to illegitimately

4. Three individuals convicted and sentenced to a combined 24 and a half years for 'all-or-nothing’ investment fraud

   Press Releases Published: 06/04/2023 Last modified: 22/05/2023
   Three people have been convicted for investment fraud and sentenced to a total of 24 and a half years for their roles, in a prosecution brought by the FCA.

5. FCA fines Guaranty Trust Bank (UK) Limited £7.6 million for further failures in its anti-money laundering systems and controls

   Press Releases Published: 10/01/2023 Last modified: 10/01/2023
   The Financial Conduct Authority (FCA) has fined Guaranty Trust Bank (UK) Limited (GT Bank) £7,671,800 for serious weaknesses in its anti-money laundering (AML) systems and controls between October 2014 and July 2019.

6. FCA fines Santander UK £107.7 million for repeated anti-money laundering failures

   Press Releases Published: 09/12/2022 Last modified: 09/12/2022
   The FCA has fined Santander UK Plc (Santander) £107,793,300 after it found serious and persistent gaps in its anti-money laundering (AML) controls, affecting its Business Banking customers. 

7. FCA prosecutes five individuals for role in 'all-or-nothing’ investment scheme

   Press Releases Published: 01/11/2022 Last modified: 01/11/2022
   We have charged five suspects for alleged investment fraud. The case will go to trial in February 2023.

8. FCA fines The TJM Partnership Limited (in liquidation) £2 million for serious financial crime control failings in relation to cum-ex trading

   Press Releases Published: 15/07/2022 Last modified: 15/07/2022
   The FCA has fined The TJM Partnership Limited (in liquidation) £2,038,700 for failing to ensure it had effective systems and controls to identify and reduce the risk of financial crime and money laundering in its business. This is the third case

9. Supporting consumers in challenging times

   Speeches Published: 05/05/2022 Last modified: 16/05/2022
   Speech by Sheldon Mills, Executive Director, Consumers and Competition, delivered at the Building Societies Annual Conference 

10. FCA fines HSBC Bank plc £63.9 million for deficient transaction monitoring controls

    Press Releases Published: 17/12/2021 Last modified: 06/05/2022
    We have fined HSBC Bank plc (HSBC) £63,946,800 for failings in its anti-money laundering processes.