Tuesday, December 23, 2014

Government urges UK City regulator to consider ending discounts for late settlement of enforcement cases

Discounts on fines issued by the Financial Conduct Authority (FCA) should only, in general, be offered to financial services companies that settle enforcement cases with the regulators at an early stage, the UK government has said.

Source: http://www.out-law.com/en/articles/2014/december/government-urges-uk-city-regulator-to-consider-ending-discounts-for-late-settlement-of-enforcement-cases/

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