Regulators issue fines for greenwashing breaches
Explainer The Securities and Exchange Commission (SEC) in the United States has fined Keurig Dr Pepper, a beverage company, for greenwashing by claiming coffee pods marketed as ‘K-cups’ could be fully recycled when they couldn’t. Wake up and smell the…
Who guards the guards in the financial services industry?
Comment The FCA is watching: The regulator is expecting full disclosure from audit firms or expect financial penalties – Credit: Macedo Media For the lovers of Latin and political philosophy, the phrase ‘Quis custodiet ipsos custodes?’ or in plain English…
City regulator censures accountants MacIntyre Hudson over client money reporting breaches
FCA fines MacIntyre Hudson for client money breaches
City regulators fine Citigroup £61.7m for trading breaches
The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have fined Citigroup £33.9m and £27.8m respectively for breaches in trading controls which resulted in US$1.4bn being executed erroneously on European market exchanges. On the morning of 2 May…