Aussie wealth firm fined record A$57.5m
After it breached ‘fees for no service’ rules
Fine
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UK regulator netted £224m from enforcement action
Sum is slight decline compared to the previous financial year
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Ex-Guardian Wealth Qatar CEO hit with fine and ban
But financial hardship and coronavirus see the penalty commuted
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Ex-DeVere duo fined $750,000 by US regulator
One was also handed a permanent ban
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Guernsey insurer and five directors fined over £150,000
It failed to oversee its UK outsourcing business
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Singapore eyes 50% penalty for tax avoidance
People will only have one month to pay even if they appeal the fine
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German bank fined £37.8m for anti-money laundering failings
UK watchdog said it did not conduct ‘timely periodic due diligence’ on clients of its London branch
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Generali to pay CHF245m in compensation over M&A deal
Sold Swiss private bank was shut down in Singapore but insurer denies any liability or wrongdoing
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Atletico Madrid footballer pleads guilty to tax fraud
He has been sentenced to six months in prison but will not spend time in jail
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UK regulator accused of lacking bite
As it fails to hold anyone to account a year after the Woodford scandal
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Hong Kong regulator issues HK$6.4m fine to asset manager
Over its control failures in solicitation and recommendation of bonds
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Dubai watchdog fines two firms and three directors
But they will contest the prohibition orders and penalties at a tribunal