Speech by Andrew Bailey, Chief Executive of the FCA, at Bloomberg, London - on transitioning from LIBOR to alternative interest rate benchmarks.
Speech by Mark Steward, Director of Enforcement and Market Oversight at the FCA, delivered at the Duff & Phelps Global Enforcement Review 2018.
The goal of the FCA was to know if the adviser report gives “the colour and detail about the clients’ objectives, and how the solution meets those objectives,” he added.
The report added that Iran had told the German Financial Supervisory Authority (BaFin) that it needed the cash from the accounts "to pass on to Iranian citizens who require cash while travelling abroad, given their inability to access recognized cred
The heads of government from the Caribbean Community member states backed that position during a conference last week in Kingston, Jamaica, voicing their own disapproval for the U.K.’s approach to the issue.