FCA and PRA appoint Elizabeth Passey as Chair of FSCS
Elizabeth Passey succeeds Marshall Bailey OBE, who is stepping down after 2 terms as FSCS Chair.
Elizabeth Passey succeeds Marshall Bailey OBE, who is stepping down after 2 terms as FSCS Chair.
The PRA has fined Carlos Abarca, the former Chief Information Officer of TSB Bank plc, for breaching PRA Senior Manager Conduct Rules.
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc a total of £48,650,000.
The FCA launches consultation on proposals to amend certain standards on margin requirements for non-centrally cleared derivatives.
The PRA has imposed a fine of £5,376,000 on Metro Bank plc of for failures related to regulatory reporting.
The PRA has imposed a financial penalty on Standard Chartered Bank of £46.55 million for failing to be open and cooperative with the PRA.
Sam Woods gets reappointed by Her Majesty the Queen as Deputy Governor of the Bank of England with responsibility for Prudential Regulation.