Deutsche Bank hit with record £163m fine for money laundering failings
- Tuesday, 31 January 2017
- Articles
The Financial Conduct Authority has today fined Deutsche Bank AG £163,076,224 for failing to maintain an “adequate anti-money laundering (AML) control framework” on movements of billions of dollars of money and investments from Russia.
Read more...FCA bans two for selling £24m of ‘unsuitable investments’ to clients
- Thursday, 09 June 2016
- Articles
The Financial Conduct Authority has banned Mark Kelly and Patrick Gray from working in the financial services industry on the basis that they lack integrity after £24m of client money was invested in ‘unsuitable investments’, it said today.
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