Double jeopardy: FCA enforcement actions
Published on: 18/12/2024 00:00
The FCA recently fined Barclays £40m for its failure to disclose certain arrangements with Qatari entities in 2008.
Sixteen years is a long time, and as the FCA itself acknowledged when announcing the fine, “we recognise that Barclays is a very different organisation today”. But the reputational ‘double hit’ is a reminder to firms of why it’s important to avoid an investigation by the regulator in the first place.
Read the full article published in money marketing or download the whitepaper below.
