FCA punishes Canara Bank for AML failures

The UK Financial Conduct Authority fined India's Canara Bank about $1.2 million Wednesday for a series of AML failures and barred it from accepting deposits from new customers for nearly five months.

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Barclays boss Staley fined $870,000 for trying to unmask whistleblower

Barclays chief executive Jes Staley was fined £642,430 ($871,000) by UK regulators Friday for trying to identify an anonymous whistleblower who made allegations about Staley's role in recruiting another employee.

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Tom Fox: Where are England’s whistleblowers?

The case of Barclays chief Jes Staley attempting to unmask an anonymous whistleblower came to an almost imperceptible and silent ending recently when the UK’s Financial Conduct Authority concluded that Staley's actions were not done intentionally but apparently with some other, lesser standard.

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UK financial regulator wrongly revealed name of RBS whistleblower

An ombudsman for the Financial Conduct Authority said the agency should apologize to a former Royal Bank of Scotland employee after it revealed his name during a whistleblower investigation in 2013.

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Former Slaughter and May partner named chief of UK financial regulator

The new chief of the regulator of the financial services industry in the United Kingdom is a former corporate finance partner at magic circle firm Slaughter and May.

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UK Regulator: Smart machines alone can't defeat money laundering

Rob Gruppetta, Head of the Financial Crime Dept. at the FCAArtificial intelligence will always be a "work in progress" in fighting money laundering and won't entirely replace humans and their intuition, a top UK regulator said.

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UK fines former AXA insurance broker for false independence claims

A broker formerly owned by the insurer AXA UK Plc was fined Wednesday for failing to disclose that it wasn't independent but instead had a business strategy to sell AXA products.

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UK enforcement: FCA bans husband and wife for hiding offshore cash

A husband and wife lied to authorities to conceal assets from a bankruptcy trustee after their financial advisory firm went bust and caused nearly £4 million ($5.25 million) in losses to customers.

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UK regulator rejects experienced compliance officer for ‘competence concerns’

The Financial Conduct Authority refused to approve a compliance officer for an online trader despite almost 20 years of prior experience.

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UK enforcement: Charging Barclays is a good first step to ending corporate impunity

Until the SFO announced its charges against Barclays, not a single UK bank or individual had faced criminal prosecution for their role in the financial crisis of 2008.

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UK charges Barclays, four former executives for Qatar fund raising

The UK Serious Fraud Office brought criminal charges Tuesday against Barclays Plc and four individuals for offenses allegedly committed when the bank sought huge loans from sources in Qatar during the 2008 financial crisis.

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Former UBS compliance officer charged with insider trading

Britain's market regulator charged a former UBS Group AG compliance officer with five counts of insider trading.

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