A recent UK regulatory action contained some important lessons about trade surveillance.
FCA Principle 3
Mark Taylor of Ibex Compliance identifies the key learning points from the FCA's action against Starling Bank.
Deficiencies compounded human error and led to the accidental execution of $1.4 billion of erroneous orders.
The FCA has highlighted continuing concern about ‘flying’ and ‘printing’ and the failure of firm management to deal effectively with both practices.
Practical overview of climate-related disclosures including which firms are subject to the rules, time scales and the products in scope.
FCA issues another fine for serious financial crime control failings.
The judgment is critical of the FCA's conduct of the investigation and enforcement processes.
Operational resilience was the focal point, but there are other issues to consider.