Rbs money laundering fine
WebDec 17, 2002 · The Royal Bank of Scotland (RBS) has been fined £750,000 ($1.2m) for breaching money laundering rules. It is the first time the City watchdog, the Financial Services Authority (FSA) has fined a company under new money laundering powers it acquired last year. http://news.bbc.co.uk/2/hi/business/2582537.stm
Rbs money laundering fine
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Webimposing a total fine of € 261 million on the four banks that decided to settle the case, namely UBS, Barclays, RBS and HSBC. The Commission has also fined Credit Suisse € 83 million under the ordinary procedure. Executive Vice-President Margrethe Vestager, in charge of competition policy said: “Today we WebDec 11, 2013 · As part of its investigation, RBS bulked up its compliance workforce by 730 employees since 2011, ... And HSBC paid a record $1.9bn for laundering money for "drug kingpins and rogue nations".
WebThe agreement imposed a $1.8 billion financial penalty on the SAC Companies – the largest insider trading penalty in history – split between a $900 million fine in the criminal case, … WebDec 2, 2016 · The Monetary Authority of Singapore (MAS) announced today that it has imposed financial penalties of S$5.2 million and S$2.4 million respectively on Standard …
WebOct 7, 2024 · 07 October 2024. N. ATWEST today pleaded guilty to three accounts of money laundering and can expect a huge fine from watchdogs keen to clamp down against … WebFeb 6, 2013 · RBS said it would pay 87.5 million pounds ($137 million) to Britain's Financial Services Authority, $150 million to the United States Department of Justice and $325 …
WebAug 3, 2010 · RBS was the first bank to be fined for breaching new money laundering rules first brought in by the FSA in December 2001. The bank was fined s750,000 in December …
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