FCA fines bank £896,100 over money laundering failings

The FCA has fined Canara Bank £896,100 and has imposed a restriction, preventing it from accepting deposits from new customers for 147 days.

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Pensions Regulator warns of tougher stance after prosecution

The Pensions Regulator has warned that it will take firm action, including prosecution, against employers who fail to pay into pensions after its first successful court case against an employer for failing to contribute to an auto-enrolment scheme.

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FCA fines to fund Tunisia terror attack memorial

Fines issued by the FCA will be used to pay for a memorial dedicated to the victims of last week’s terrorist attack in Tunisia. Read more...

British firms fined over £500m by FCA in 2013

The Financial Conduct Authority hit British firms with fines totalling £506.94m in 2013, according to new research. Read more...