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FCA work in review May 20-24, 2024

FCA montage
GRIP Montage: FCA

Two big fines and three major speeches in our latest roundup of activity by the UK regulator.

Castle and Crystal Credit Union has been placed into administration, with James Sleight and Peter Hart of PKF Littlejohn Advisory appointed administrators.

In case now widely dubbed the ‘fat-finger trading case’, Citigroup Global Markets Limited was fined £27,766,200 ($35,322,216) for failures in trading systems and controls. The incident led tocovered the