MLROs.com’s Financial Crime News
FCA Fines CMC for Misleading Communications
FCA Fines CMC for Misleading Communications FCA has published its first fine since taking over regulation of Claims Management Companies. It has fined Professional Personal Claims Limited £70,000 for misleading customers through its website...
PRA Fines Banks £43.9m for Regulatory Reporting Failures
PRA Fines Banks £43.9m for Regulatory Reporting Failures The PRA has announced that a combined penalty has been imposed on three Citi entities of £43.9 million. The penalty arises from failings in their internal controls and governance...
FCA Publishes ‘Approving Financial Promotions’ Webpage
FCA Publishes ‘Approving Financial Promotions’ Webpage In the light of its new temporary restrictions on the financial promotion of ‘mini-bonds’, the FCA has provided guidance for firms approving the financial promotions of...