Barclays on Thursday got hit with a £72 million ($109 million) fine from Britain's banking watchdog, the Financial Conduct Authority (FCA), for failing to make sure a huge deal back in 2011 wasn't being used to fund criminal activity or terrorism. Alongside the fine, the FCA released a damning document setting out just what the case involved.

Topics:  sensitive peps   britain   financial conduct authority fca    financial times   qatari   edd   fca obvious   fca once   part   senior   ceo   january   antony jenkins   mps   self-serving there   libor   lord mandelson   banking    the fca    now   watch   barclays   a   fca    fca    bob diamond   clients   the   the fca    once   trust deed    the   million fine   involved   risk   money   due   structure   diligence   report   checks   risks   crime   fund   red   people   led   funds   business   fee   billion   corruption   bribery   ensure   identified   wrongdoing   group   identities   investments   terrorism   put   number   point   rules   hit   terrorist   check   requirements   difficult   requests   exposed   monitoring   exposure   lengths   persons   copy   published   questioned   simply   request   executed   security   record   suggestion   complex   responsible   connected   wholly   door   setting   level   checking   system   huge   verify   investment   open   roles   high-risk   overseeing   

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News