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
Monthly Archives: October 2014
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.