Tag: Fine


FCA fines AI Rayan Bank £4m for AML failings

The UK’s Financial Conduct Authority (FCA) has fined another financial institution for anti-money laundering (AML) failings.

FCA slaps Metro Bank with £10m fine

The Financial Conduct Authority (FCA) has fined Metro Bank £10m for breaching the listing rules by publishing incorrect information to investors.

FCA slaps BGC/GFI with £4.8m penalty

The Financial Conduct Authority (FCA) has fined BGC Brokers, GFI Brokers and GFI Securities – together BGC/GFI - £4.8m for market abuse failings.

Irish regulator hits Meta with €265m fine

Ireland’s Data Protection Commission (DPC) has slapped Meta with a €265m fine after details of over half a billion users were leaked on a hacking page.  

5 US investment banks face $1bn in fines

Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.

Federal Reserve fines EagleBank $9.5m for regulation breach

The Federal Reserve Board has fined Maryland-based EagleBank $9.5m for violating the board’s insider lending regulation.

BitGo seeks $100m in damages after Galaxy terminates merger

Digital asset custody, trading and financing platform BitGo is seeking $100m in damages after Galaxy Digital terminates its merger agreement.

Russia imposes $358m fine on Google for information restriction failures

A Moscow court has slapped a $358m fine on Google for a failure to restrict access to information prohibited in the country.

Accellion ends data breach lawsuit with $8.1m FTA settlement

Content firewall provider Accellion has come to a settlement of $8.1m to bring to an end a lawsuit over a data breach that involved FTA, its legacy file sharing service.

Payment Systems Regulator fines five companies in prepaid card cartel

The UK’s Payment Systems Regulator (PSR) has issued fines to Mastercard, allpay, Advanced Payment Solutions, Prepaid Financial Services and Sulion.

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