FCA Fines Compliance Officer £200,000 in ‘Death Bonds’ Case
Image: Title: FordStewart Ford, CEO of now-defunct investment firm Keydata, has been hit with a record £75 million fine by the Financial Conduct Authority—one of the largest fines ever levied on an individual by the FCA. The British regulator also fined the firm’s sales director £4 million and its compliance ...
Related articles
-
PremiumSoaring costs of car loan compensation in U.K. highlight global risks from poor sales practices
U.K. motor finance companies are preparing to pay billions in compensation after a Supreme Court ruling found they sold unfair car loans over many years, failing to disclose key information and denying consumers the chance to compare deals or negotiate.
-
PremiumU.K. FCA establishes framework for unlisted companies to trade shares on a ‘buyer-beware’ basis
Private companies that are keen to trade their shares but do not wish to become listed have gained another way to trade their shares. The U.K. government completed its initial review and published rules for the system in June.
-
ArticleDOJ is ramping up, not ramping down, health care fraud enforcement
While the Trump administration may have shifted away from pursuing small, white-collar, financial crimes, its focus on health care fraud cases is as hot as ever.