'Not a Good Look'—FCA Fines Barclays £40M But Accused of Incompetence
The fine comes as the Financial Conduct Authority faces accusations of incompetence and 'dishonesty'.
November 26, 2024 at 06:53 AM
4 minute read
The Financial Conduct Authority has fined Barclays £40 million over its failure to disclose certain arrangements with Qatari entities in 2008.
It comes as the FCA itself faces accusations of incompetence, even "dishonesty" from a group of MPs.
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