Singapore regulator fines Bank J Safra Sarasin S$1m
Bank failed to establish source of wealth and funds of clients and beneficial owners
Fine
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Trading academy director fined for providing advice on WhatsApp
FCA urges investors to ‘stay clear of unauthorised operators’
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Kleinwort Hambros hit with triple fine in Jersey
Watchdog says penalties will be ‘a deterrent for all regulated businesses’
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Goldman Sachs CEO gets $10m pay cut over 1MDB scandal
President and COO, and CFO have also been hit with penalties
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FCA refuses to authorise more than 340 firms
As it prevents 12 financial advice companies from phoenixing
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Charles Schwab UK fined £9m for failing to protect client assets
It ‘carried out a regulated activity without permission’ and gave a ‘false statement’, says regulator
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FCA fines IFA firm over ‘unsuitable’ pension transfer advice
It has paid redress of around £2.7m to 41 customers impacted by the switch to Sipps
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Singapore financial regulator fines increase by 68%
Products mis-selling, breaches of business conduct rules and serious impropriety most investigated
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Film star’s widow faces £21m fine over alleged Spain tax fraud
‘It’s an important reminder that tax problems don’t die with you’
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Swiss private bank to pay $80m to settle Fifa case
Over alleged money laundering and corruption involving football officials
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Regulator orders IFS Qatar to close to new business
It comes a little over a year after the firm was hit with a $100,000 fine
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Isle of Man advice firm hit with £63,000 fine
Regulatory failures included unsuitable practices on DB pension transfers