Enforcement Watch Issue 29: July 2019 News Editor's Note This issue sees a decision on Tinney (at last), some fighting talk on scammers, an upcoming prosecution for destruction of documents and of course SMCR just around the corner. And more besides. As ever, we hope you find it informative. Enforcement Case Highlights News £30m Fine for Standard Life The FCA has fined Standard Life Assurance Limited ("SLAL") £30.7 million, after a 30% settlement discount, for mis-selling annuities to customers from 1 July 2008 to 31 May 2016. News Fines for Cathay Holdings and Two of its Directors The FCA has imposed on Cathay International Holdings Limited a financial penalty of £411,000, for breaches of the Listing Principles and of the Disclosure Rules and Transparency Rules ("DTRs"). News Upper Tribunal Finally Decides on Tinney In September 2016, we reported on the Decision Notice in the case of Andrew Tinney. On the horizon News Andrew Bailey Speech at the Annual Public Meeting In his address at the FCA’s Annual Public Meeting on 17 July 2019, Andrew Bailey took the opportunity to raise the resource intensive work of Brexit... News FCA Conducts 'Stocktake' of SMCR It is now over three years since the implementation of the Senior Managers and Certification Regime (SMCR). News The fight against skimmers and scammers On 4 September 21019, Charles Randell, Chair of the FCA delivered a speech at the Cambridge Economic Crime Symposium where he described the challenges which the FCA and other agencies face in tackling those he described as "skimmers and scammers". News First Prosecution for Destruction of Documents The FCA has charged Konstantin Vishnyak, a former banker at VTB Capital, in relation to a destruction of documents offence under FSMA 2000. News SMCR Implementation for Solo-Regulated Firms As readers of this publication will be aware, the Senior Managers and Certification Regime (SMCR) will apply to almost all firms regulated by the FCA only (Solo Regulated Firms) from 9 December 2019. Subscribe Never miss a publication by signing up to our mailing list Subscribe Enforcement Watch: Subscribe Enforcement Watch Issues Next Previous Issue 44 Sep 2024 Issue 43 May 2024 Issue 42 Jan 2024 Issue 41 Sep 2023 Issue 40 May 2023 Issue 39 Jan 2023 Issue 38 Sep 2022 Issue 37 May 2022 Issue 36 Jan 2022 Issue 35 Sep 2021 Issue 34 May 2021 Issue 33 Jan 2021 Issue 32 Sep 2020 Issue 31 Jun 2020 Issue 30 Jan 2020 Issue 29 Jul 2019 Issue 28 Apr 2019 Issue 27 Jan 2019 Issue 26 Aug 2018 Share
News Editor's Note This issue sees a decision on Tinney (at last), some fighting talk on scammers, an upcoming prosecution for destruction of documents and of course SMCR just around the corner. And more besides. As ever, we hope you find it informative.
News £30m Fine for Standard Life The FCA has fined Standard Life Assurance Limited ("SLAL") £30.7 million, after a 30% settlement discount, for mis-selling annuities to customers from 1 July 2008 to 31 May 2016.
News Fines for Cathay Holdings and Two of its Directors The FCA has imposed on Cathay International Holdings Limited a financial penalty of £411,000, for breaches of the Listing Principles and of the Disclosure Rules and Transparency Rules ("DTRs").
News Upper Tribunal Finally Decides on Tinney In September 2016, we reported on the Decision Notice in the case of Andrew Tinney.
News Andrew Bailey Speech at the Annual Public Meeting In his address at the FCA’s Annual Public Meeting on 17 July 2019, Andrew Bailey took the opportunity to raise the resource intensive work of Brexit...
News FCA Conducts 'Stocktake' of SMCR It is now over three years since the implementation of the Senior Managers and Certification Regime (SMCR).
News The fight against skimmers and scammers On 4 September 21019, Charles Randell, Chair of the FCA delivered a speech at the Cambridge Economic Crime Symposium where he described the challenges which the FCA and other agencies face in tackling those he described as "skimmers and scammers".
News First Prosecution for Destruction of Documents The FCA has charged Konstantin Vishnyak, a former banker at VTB Capital, in relation to a destruction of documents offence under FSMA 2000.
News SMCR Implementation for Solo-Regulated Firms As readers of this publication will be aware, the Senior Managers and Certification Regime (SMCR) will apply to almost all firms regulated by the FCA only (Solo Regulated Firms) from 9 December 2019.