Insurance Regulation

FCA Hits Sigma Broking With £531K Fine

The latest from the FCA; Sigma Broking Limited (Sigma) has been fined £531,000 for failing to make reports crucial in fighting potential market abuse and three directors have been fined amounts totalling over £200,000, two […]

News

FCA Hits Citigroup Global Markets With £12.5m Fine

Latest update from the FCA; The Financial Conduct Authority (FCA) has fined Citigroup Global Markets Limited (Citigroup Global Markets) £12,553,800 for failing to properly implement the Market Abuse Regulation (MAR) trade surveillance requirements relating to […]

News

FCA Hits JLT Specialty With £7.8M Fine

Here’s the latest from the FCA; The Financial Conduct Authority (FCA) has fined JLT Specialty Limited (JLTSL) £7,881,700 for financial crime control failings, which in one instance allowed bribery of over $3million to take place. […]

Insurance Regulation

Barclays Fined Over Premier FX Collapse

Barclays cops a fine over Premier FX collapse; The Financial Conduct Authority (FCA) has fined Barclays Bank Plc (Barclays) £783,800 for oversight failings in its relationship with collapsed payments firm Premier FX. Barclays was Premier […]

Insurance Regulation

FCA Hits BlueCrest With £40m Fine

The latest from the FCA; The Financial Conduct Authority has published a Decision Notice against BlueCrest Capital Management (UK) LLP (BCMUK) setting out its decision to impose a financial penalty of £40,806,700 on the firm. […]