Regulation
Regulation | 29 Nov 24
Ex-HMRC officer sentenced with husband in £3m money laundering case
A bank account in the defendants’ joint names had a turnover of over £3m
Jersey Financial Services Commission publishes its MONEYVAL action plan
Some recommendations need more data before the JFSC can decide on solutions and timelines
UK SIPP provider Intelligent Money declared in default
During initial investigations the FSCS obtained key documents relating to a specific cohort of claims
Macquarie Bank London branch fined £13m by FCA over hundreds of ‘fictitious trades’
The fictitious trades cost MBL an estimated $57.8m to unwind
Middle East | 26 Nov 24
Dubai FSA completes eight enforcement cases in 2024 against individuals and firms
The regulator also issued 24 alerts over this period