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Tag: UK regulators


Regulations

UK regulators fine TSB £48.6m over “operational resilience failings”

December 20, 2022

Via: FinTech Futures

The FCA states that following the update, while the data for the bank’s corporate and customer services was migrated successfully to the new IT platform, the platform “immediately experienced technical failures” leading to “significant disruption” in TSB’s banking services, including […]


Regulations

FCA and PRA fine Goldman Sachs £96.6m for 1MDB scandal

October 23, 2020

Via: FinTech Futures

The FCA and PRA fines are part of a globally coordinated resolution reached with Goldman Sachs Group (GSG) and its subsidiaries. GSI is an indirect wholly owned subsidiary of the GSG. GSI acts as a material booking entity for bond […]