UK was criticised for its past record in weak sentencing of corporate offenders, by contrast to the significant penalties imposed in the US.
The new UK Guidelines change this position by a narrowing of the gap between financial penalties imposed in the UK and the US.
The new UK Guidelines stress the importance of pro-active compliance and cooperation can impact the quantum of any such penalties.
9th October 2013
UK was criticised for its past record in weak sentencing of corporate offenders, by contrast to the significant penalties imposed in the US.
The new UK Guidelines change this position by a narrowing of the gap between financial penalties imposed in the UK and the US.
The new UK Guidelines stress the importance of pro-active compliance and cooperation can impact the quantum of any such penalties.
9th October 2013
Two brokers working in Beverly Hills at the Bank of America’s Merrill Lynch. Have been ordered by the regulatory panel to return £4.1 million in new signing bonuses to Barclays Capital for leaving the firm’s U.S. broker unit after working only three-and-a-half months.
8th October 2014.