• Introduction to the Financial Conduct Authority (FCA) 2013

    The FCA is one of the UK's two financial regulators, working alongside the Prudential Regulation Authority (PRA). Its aim is to protect consumers, ensure the industry remains stable and promote healthy competition between financial services providers. In 2013, it replaced the Financial Services Authority. The FCA supervises the conduct of over 50,000 firms, and regulate the prudential standards of those firms not covered by the Prudential Regulation Authority. Watch the review of the FCA's first year in business https://www.youtube.com/watch?v=E6Zv0YEI7lo Find out more about the FCA http://fca.org.uk/about Follow the FCA on social media: Twitter https://twitter.com/thefca LinkedIn http://www.linkedin.com/company/financial-conduct-authority

    published: 08 Oct 2013
  • Financial Services Authority

    An Easy Overview Of The Financial Services Authority

    published: 29 Aug 2012
  • Thomas Huertas of the Financial Services Authority in the UK on regulation of financial firms

    Thomas Huertas of the Financial Services Authority, regulator of the financial services industry in the UK, is a firm believer that better regulation will avoid a repetition of the recent financial meltdown.

    published: 02 Aug 2012
  • A new approach to financial supervision: the Prudential Regulation Authority

    In April 2013 the Prudential Regulation Authority (PRA), as part of the Bank of England, became the United Kingdom's prudential regulator for banks, building societies, credit unions, insurers and major investment firms. http://www.bankofengland.co.uk/publications/Pages/quarterlybulletin/n12prerelease.aspx

    published: 13 Dec 2012
  • THE PURPOSE OF FINANCIAL ABUNDANCE/AUTHORITY - DR. PAUL ENENCHE

    THE PURPOSE OF FINANCIAL ABUNDANCE/AUTHORITY. DAILY DIVINE PROOFS. 23/2/2017

    published: 27 Feb 2017
  • FCA's (Financial Conduct Authority) Success Story

    The UK Financial Conduct Authority uses Salesforce to help maintain the levels of trust required in the UK Financial Services industry.

    published: 22 May 2014
  • Financial Services Authority Bill - Money Wise with Rina Hicks (@Rina_Hicks)

    Recently, the cabinet approved the draft of the Financial Services Authority Bill. This bill aims to merge all the functions of the financial regulatory bodies. In today’s video, we talk more about this. @Rina Hicks

    published: 24 Apr 2017
  • Financial Conduct Authority's Approach to Supervision event

    Director of Supervision, Clive Adamson outlines the FCA's approach to supervision going forward. Find out more about the FCA http://fca.org.uk/about The FCA regulates the financial services industry in the UK. Its aim is to protect consumers, ensure the industry remains stable and promote healthy competition between financial services providers. The FCA supervises the conduct of over 50,000 firms, and regulates the prudential standards of those firms not covered by the Prudential Regulation Authority. Follow the FCA on social media: Twitter https://twitter.com/thefca LinkedIn http://www.linkedin.com/company/financial-conduct-authority

    published: 20 Mar 2014
  • Financial Intelligence Authority: new board sworn in

    Uganda’s economy remains highly exposed to money laundering and related financial crimes a top financial expert says. Speaking  as the Board Chairman of the newly constituted Financial Intelligence Authority Leo Kibirango, a retired Governor of the Central Bank adds that there is need to increase the monitoring of inflows and outflows. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda

    published: 21 Jul 2015
  • What is FINRA (The Financial Industry Regulatory Authority)?

    Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “FINRA - The Financial Industry Regulatory Authority” The Financial Industry Regulatory Authority referred to as FINRA oversees all securities licensing procedures and requirements for the United States. This self-regulatory organization administers many of the exams that must be passed to become a licensed financial professional. It also performs all relevant disciplinary and record-keeping functions. The Financial Industry Regulatory Authority is a regulatory body created after the merger of the National Association of Securities Dealers and the New York Stock Exchange's regulation committee. The Financial Industry Regulatory Authority is responsible for governing business bet...

    published: 11 Mar 2016
  • Financial Services Authority

    published: 16 Sep 2011
  • Financial Markets Authority

    A presentation from Consumer Rights Day run by Consumer Protection, MBIE

    published: 05 May 2017
  • About the Financial Conduct Authority (FCA) 2014

    Review of the Financial Conduct Authority's first year in business with FCA Chief Executive, Martin Wheatley, Chairman John Griffith-Jones, Aviva's Mark Wilson, Mearns & Co's Margaret Mearns and Age UK's Barbara Limon http://www.fca.org.uk/news/video-fca-first-anniversary More about the FCA http://fca.org.uk/about Follow the FCA on social media: Twitter https://twitter.com/thefca LinkedIn http://www.linkedin.com/company/financial-conduct-authority

    published: 06 Jun 2014
  • Keynote speech Emerging Markets, Mircea Ursache, Vicepresident, Financial Supervisory Authority

    Keynote speech Emerging Markets, Mircea Ursache, Vicepresident, Financial Supervisory Authority

    published: 03 Mar 2017
  • Financial Conduct Authority (Appellant) v Macris (Respondent)

    [2017] UKSC 19 UKSC 2015/0143 Financial Conduct Authority (Appellant) v Macris (Respondent) On appeal from the Court of Appeal (Civil Division) (England and Wales) The Financial Conduct Authority issued a warning notice, a decision notice, and a final notice to an investment bank, informing the bank that it was imposing a fine as a result of losses incurred in a trading portfolio. Mr Macris had a role in the management structure of the portfolio. Although the notices did not name Mr Macris, he argued that there were references to a part of the bank's management structure which identified him and that he should therefore have been given third party rights in relation to the notices under s.393 of the Financial Services and Markets Act 2000. The Upper Tribunal and Court of Appeal held Mr...

    published: 22 Mar 2017
  • Cabinet approves creation Financial Services Authority that will merge several authorities

    The government intends to merge the Capital Markets Authority, the Insurance Regulatory Authority, the Retirement Benefits Authority and the SACCOS Societies Regulatory Authority into one financial sector regulator - the Financial Services Authority, FSA. This is the gist of the draft Financial Services Authority Bill 2016, which the Cabinet has approved. This opens a door for heavy competition for jobs by the existing employees, right from the top. Watch more NTV Kenya videos at ntv.co.ke and nation.co.ke. Follow @ntvkenya on Twitter. Like our page on Facebook: NTV Kenya. Follow and Double tap on Instagram: NTV Kenya Join Our Telegram channel: www.telegram.me/NTVNewsRush

    published: 06 Apr 2017
  • Financial services and vulnerable consumers

    The Financial Conduct Authority (FCA) has published an Occasional Paper on Consumer Vulnerability. It highlights that some vulnerable consumers seeking help from financial providers are meeting ‘a computer says no’ approach, putting them at risk of further detriment. Interviews with FCA's Martin Wheatley, Macmillan's Lynda Thomas, Nationwide's Graham Beale, Informed Choice's Nick Bamford, MoneySavingExpert's Martin Lewis and Barclays' Ashok Vaswani. More on Consumer Vulnerability http://fca.org.uk/consumer-vulnerability About the FCA http://fca.org.uk/about Follow the FCA on social media: Twitter https://twitter.com/thefca LinkedIn http://www.linkedin.com/company/financial-conduct-authority

    published: 24 Feb 2015
  • Financial Conduct Authority - Case Study

    Focus on quality of service and management of risk at this high-profile regulator.

    published: 16 May 2017
  • Cabinet approves Financial Service Authority to streamline sector and reduce costs

    Cabinet has this evening approved the draft financial services authority bill 2016 which seeks to merge the functions of four major financial regulatory bodies. The decision, which has far reaching implications for the financial services sector, was reached after a long tussle and will now see many hitherto and strong independent regulators lose critical control of particular areas of the economy. SUBSCRIBE to our YouTube channel for more great videos: https://www.youtube.com/KTNkenya Follow us on Twitter: https://twitter.com/KTNNews Like us on Facebook: https://www.facebook.com/KTNNewsKenya For more great content go to http://www.standardmedia.co.ke/ktnnews and download our apps: http://std.co.ke/apps/#android KTN News is a leading 24-hour TV channel in Eastern Africa with its ...

    published: 06 Apr 2017
  • Financial Services Authority

    A commercial for the Financial services Authority directed with Mish Mash

    published: 14 Sep 2009
  • Reuters Newsmaker with Andrew Bailey, Financial Conduct Authority CEO

    published: 10 Jul 2017
  • Financial Conduct Authority (FCA) Explained | Wessex Garages

    Find out more about how the FCA regulates car financing with some frequently asked questions put to Wessex Garages Director of Operations for Nissan, Renault & Dacia - Dale Richardson. http://www.wessexgarages.com

    published: 21 Sep 2015
  • Keynote speech, Misu Negritoiu, President, Financial Supervisory Authority

    Keynote speech, Misu Negritoiu, President, Financial Supervisory Authority

    published: 03 Mar 2017
  • Briefing by Financial Conduct Authority as 5 biggest banks are fined more than $US3B

    US, British and Swiss regulators have fined five global banks 3.4 billion US dollars for attempting to manipulate foreign exchange markets. These are the latest penalties for an industry previously criticised for rigging interest rates and for their role in triggering the global financial crisis. The US Commodity Futures Trading Commission, the UK Financial Conduct Authority and the Swiss Financial Market Supervisory Authority said on Wednesday that Citibank, JPMorgan Chase Bank, Royal Bank of Scotland, HSBC Bank and UBS had agreed to settlements totaling almost 3.4 billion US dollars. The FCA said it is continuing to investigate Barclays Bank. "I think it reflects the seriousness of the failings that we've uncovered and the failings which put the integrity of the UK's financial syst...

    published: 03 Aug 2015
developed with YouTube
Introduction to the Financial Conduct Authority (FCA) 2013

Introduction to the Financial Conduct Authority (FCA) 2013

  • Order:
  • Duration: 4:36
  • Updated: 08 Oct 2013
  • views: 16255
videos
The FCA is one of the UK's two financial regulators, working alongside the Prudential Regulation Authority (PRA). Its aim is to protect consumers, ensure the industry remains stable and promote healthy competition between financial services providers. In 2013, it replaced the Financial Services Authority. The FCA supervises the conduct of over 50,000 firms, and regulate the prudential standards of those firms not covered by the Prudential Regulation Authority. Watch the review of the FCA's first year in business https://www.youtube.com/watch?v=E6Zv0YEI7lo Find out more about the FCA http://fca.org.uk/about Follow the FCA on social media: Twitter https://twitter.com/thefca LinkedIn http://www.linkedin.com/company/financial-conduct-authority
https://wn.com/Introduction_To_The_Financial_Conduct_Authority_(Fca)_2013
Financial Services Authority

Financial Services Authority

  • Order:
  • Duration: 1:31
  • Updated: 29 Aug 2012
  • views: 794
videos
An Easy Overview Of The Financial Services Authority
https://wn.com/Financial_Services_Authority
Thomas Huertas of the Financial Services Authority in the UK on regulation of financial firms

Thomas Huertas of the Financial Services Authority in the UK on regulation of financial firms

  • Order:
  • Duration: 5:23
  • Updated: 02 Aug 2012
  • views: 539
videos
Thomas Huertas of the Financial Services Authority, regulator of the financial services industry in the UK, is a firm believer that better regulation will avoid a repetition of the recent financial meltdown.
https://wn.com/Thomas_Huertas_Of_The_Financial_Services_Authority_In_The_UK_On_Regulation_Of_Financial_Firms
A new approach to financial supervision: the Prudential Regulation Authority

A new approach to financial supervision: the Prudential Regulation Authority

  • Order:
  • Duration: 6:46
  • Updated: 13 Dec 2012
  • views: 14177
videos
In April 2013 the Prudential Regulation Authority (PRA), as part of the Bank of England, became the United Kingdom's prudential regulator for banks, building societies, credit unions, insurers and major investment firms. http://www.bankofengland.co.uk/publications/Pages/quarterlybulletin/n12prerelease.aspx
https://wn.com/A_New_Approach_To_Financial_Supervision_The_Prudential_Regulation_Authority
THE PURPOSE OF FINANCIAL ABUNDANCE/AUTHORITY - DR. PAUL ENENCHE

THE PURPOSE OF FINANCIAL ABUNDANCE/AUTHORITY - DR. PAUL ENENCHE

  • Order:
  • Duration: 2:37:41
  • Updated: 27 Feb 2017
  • views: 210
videos
THE PURPOSE OF FINANCIAL ABUNDANCE/AUTHORITY. DAILY DIVINE PROOFS. 23/2/2017
https://wn.com/The_Purpose_Of_Financial_Abundance_Authority_Dr._Paul_Enenche
FCA's (Financial Conduct Authority) Success Story

FCA's (Financial Conduct Authority) Success Story

  • Order:
  • Duration: 3:17
  • Updated: 22 May 2014
  • views: 8083
videos
The UK Financial Conduct Authority uses Salesforce to help maintain the levels of trust required in the UK Financial Services industry.
https://wn.com/Fca's_(Financial_Conduct_Authority)_Success_Story
Financial Services Authority Bill - Money Wise with Rina Hicks (@Rina_Hicks)

Financial Services Authority Bill - Money Wise with Rina Hicks (@Rina_Hicks)

  • Order:
  • Duration: 3:57
  • Updated: 24 Apr 2017
  • views: 50
videos
Recently, the cabinet approved the draft of the Financial Services Authority Bill. This bill aims to merge all the functions of the financial regulatory bodies. In today’s video, we talk more about this. @Rina Hicks
https://wn.com/Financial_Services_Authority_Bill_Money_Wise_With_Rina_Hicks_(_Rina_Hicks)
Financial Conduct Authority's Approach to Supervision event

Financial Conduct Authority's Approach to Supervision event

  • Order:
  • Duration: 1:04:03
  • Updated: 20 Mar 2014
  • views: 5905
videos
Director of Supervision, Clive Adamson outlines the FCA's approach to supervision going forward. Find out more about the FCA http://fca.org.uk/about The FCA regulates the financial services industry in the UK. Its aim is to protect consumers, ensure the industry remains stable and promote healthy competition between financial services providers. The FCA supervises the conduct of over 50,000 firms, and regulates the prudential standards of those firms not covered by the Prudential Regulation Authority. Follow the FCA on social media: Twitter https://twitter.com/thefca LinkedIn http://www.linkedin.com/company/financial-conduct-authority
https://wn.com/Financial_Conduct_Authority's_Approach_To_Supervision_Event
Financial Intelligence Authority: new board sworn in

Financial Intelligence Authority: new board sworn in

  • Order:
  • Duration: 2:11
  • Updated: 21 Jul 2015
  • views: 371
videos
Uganda’s economy remains highly exposed to money laundering and related financial crimes a top financial expert says. Speaking  as the Board Chairman of the newly constituted Financial Intelligence Authority Leo Kibirango, a retired Governor of the Central Bank adds that there is need to increase the monitoring of inflows and outflows. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
https://wn.com/Financial_Intelligence_Authority_New_Board_Sworn_In
What is FINRA (The Financial Industry Regulatory Authority)?

What is FINRA (The Financial Industry Regulatory Authority)?

  • Order:
  • Duration: 1:24
  • Updated: 11 Mar 2016
  • views: 1928
videos
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “FINRA - The Financial Industry Regulatory Authority” The Financial Industry Regulatory Authority referred to as FINRA oversees all securities licensing procedures and requirements for the United States. This self-regulatory organization administers many of the exams that must be passed to become a licensed financial professional. It also performs all relevant disciplinary and record-keeping functions. The Financial Industry Regulatory Authority is a regulatory body created after the merger of the National Association of Securities Dealers and the New York Stock Exchange's regulation committee. The Financial Industry Regulatory Authority is responsible for governing business between brokers, dealers and the investing public. By consolidating these two regulators, FINRA aims to eliminate regulatory overlap and cost inefficiencies. FINRA offers several different types of licenses needed by both representatives and supervisors. Each license corresponds to a specific type of business or investment. While there are several licenses geared toward specific types of securities, there are three general licenses that the majority of representatives and advisors usually obtain. By Barry Norman, Investors Trading Academy - ITA
https://wn.com/What_Is_Finra_(The_Financial_Industry_Regulatory_Authority)
Financial Services Authority

Financial Services Authority

  • Order:
  • Duration: 6:26
  • Updated: 16 Sep 2011
  • views: 1194
videos
https://wn.com/Financial_Services_Authority
Financial Markets Authority

Financial Markets Authority

  • Order:
  • Duration: 10:39
  • Updated: 05 May 2017
  • views: 65
videos
A presentation from Consumer Rights Day run by Consumer Protection, MBIE
https://wn.com/Financial_Markets_Authority
About the Financial Conduct Authority (FCA) 2014

About the Financial Conduct Authority (FCA) 2014

  • Order:
  • Duration: 2:05
  • Updated: 06 Jun 2014
  • views: 2757
videos
Review of the Financial Conduct Authority's first year in business with FCA Chief Executive, Martin Wheatley, Chairman John Griffith-Jones, Aviva's Mark Wilson, Mearns & Co's Margaret Mearns and Age UK's Barbara Limon http://www.fca.org.uk/news/video-fca-first-anniversary More about the FCA http://fca.org.uk/about Follow the FCA on social media: Twitter https://twitter.com/thefca LinkedIn http://www.linkedin.com/company/financial-conduct-authority
https://wn.com/About_The_Financial_Conduct_Authority_(Fca)_2014
Financial Conduct Authority (Appellant) v Macris (Respondent)

Financial Conduct Authority (Appellant) v Macris (Respondent)

  • Order:
  • Duration: 7:10
  • Updated: 22 Mar 2017
  • views: 395
videos
[2017] UKSC 19 UKSC 2015/0143 Financial Conduct Authority (Appellant) v Macris (Respondent) On appeal from the Court of Appeal (Civil Division) (England and Wales) The Financial Conduct Authority issued a warning notice, a decision notice, and a final notice to an investment bank, informing the bank that it was imposing a fine as a result of losses incurred in a trading portfolio. Mr Macris had a role in the management structure of the portfolio. Although the notices did not name Mr Macris, he argued that there were references to a part of the bank's management structure which identified him and that he should therefore have been given third party rights in relation to the notices under s.393 of the Financial Services and Markets Act 2000. The Upper Tribunal and Court of Appeal held Mr Macris was identified by the notices. The issue in this case concerned the meaning of the words "any of the reasons contained in [a notice] relates to a matter which identifies a person" in s.393(1) and (4) of the Financial Services Markets Act 2000. By a majority of 4 to 1, the Supreme Court allows the FCA’s appeal.
https://wn.com/Financial_Conduct_Authority_(Appellant)_V_Macris_(Respondent)
Cabinet approves creation Financial Services Authority that will merge several authorities

Cabinet approves creation Financial Services Authority that will merge several authorities

  • Order:
  • Duration: 3:07
  • Updated: 06 Apr 2017
  • views: 527
videos
The government intends to merge the Capital Markets Authority, the Insurance Regulatory Authority, the Retirement Benefits Authority and the SACCOS Societies Regulatory Authority into one financial sector regulator - the Financial Services Authority, FSA. This is the gist of the draft Financial Services Authority Bill 2016, which the Cabinet has approved. This opens a door for heavy competition for jobs by the existing employees, right from the top. Watch more NTV Kenya videos at ntv.co.ke and nation.co.ke. Follow @ntvkenya on Twitter. Like our page on Facebook: NTV Kenya. Follow and Double tap on Instagram: NTV Kenya Join Our Telegram channel: www.telegram.me/NTVNewsRush
https://wn.com/Cabinet_Approves_Creation_Financial_Services_Authority_That_Will_Merge_Several_Authorities
Financial services and vulnerable consumers

Financial services and vulnerable consumers

  • Order:
  • Duration: 4:57
  • Updated: 24 Feb 2015
  • views: 5794
videos
The Financial Conduct Authority (FCA) has published an Occasional Paper on Consumer Vulnerability. It highlights that some vulnerable consumers seeking help from financial providers are meeting ‘a computer says no’ approach, putting them at risk of further detriment. Interviews with FCA's Martin Wheatley, Macmillan's Lynda Thomas, Nationwide's Graham Beale, Informed Choice's Nick Bamford, MoneySavingExpert's Martin Lewis and Barclays' Ashok Vaswani. More on Consumer Vulnerability http://fca.org.uk/consumer-vulnerability About the FCA http://fca.org.uk/about Follow the FCA on social media: Twitter https://twitter.com/thefca LinkedIn http://www.linkedin.com/company/financial-conduct-authority
https://wn.com/Financial_Services_And_Vulnerable_Consumers
Financial Conduct Authority - Case Study

Financial Conduct Authority - Case Study

  • Order:
  • Duration: 42:15
  • Updated: 16 May 2017
  • views: 65
videos
Focus on quality of service and management of risk at this high-profile regulator.
https://wn.com/Financial_Conduct_Authority_Case_Study
Cabinet approves Financial Service Authority to streamline sector and reduce costs

Cabinet approves Financial Service Authority to streamline sector and reduce costs

  • Order:
  • Duration: 3:05
  • Updated: 06 Apr 2017
  • views: 59
videos
Cabinet has this evening approved the draft financial services authority bill 2016 which seeks to merge the functions of four major financial regulatory bodies. The decision, which has far reaching implications for the financial services sector, was reached after a long tussle and will now see many hitherto and strong independent regulators lose critical control of particular areas of the economy. SUBSCRIBE to our YouTube channel for more great videos: https://www.youtube.com/KTNkenya Follow us on Twitter: https://twitter.com/KTNNews Like us on Facebook: https://www.facebook.com/KTNNewsKenya For more great content go to http://www.standardmedia.co.ke/ktnnews and download our apps: http://std.co.ke/apps/#android KTN News is a leading 24-hour TV channel in Eastern Africa with its headquarters located along Mombasa Road, at Standard Group Centre. This is the most authoritative news channel in Kenya and beyond.
https://wn.com/Cabinet_Approves_Financial_Service_Authority_To_Streamline_Sector_And_Reduce_Costs
Financial Services Authority

Financial Services Authority

  • Order:
  • Duration: 0:40
  • Updated: 14 Sep 2009
  • views: 2168
videos
A commercial for the Financial services Authority directed with Mish Mash
https://wn.com/Financial_Services_Authority
Reuters Newsmaker with Andrew Bailey, Financial Conduct Authority CEO

Reuters Newsmaker with Andrew Bailey, Financial Conduct Authority CEO

  • Order:
  • Duration: 55:21
  • Updated: 10 Jul 2017
  • views: 114
videos
https://wn.com/Reuters_Newsmaker_With_Andrew_Bailey,_Financial_Conduct_Authority_Ceo
Financial Conduct Authority (FCA) Explained | Wessex Garages

Financial Conduct Authority (FCA) Explained | Wessex Garages

  • Order:
  • Duration: 2:23
  • Updated: 21 Sep 2015
  • views: 348
videos
Find out more about how the FCA regulates car financing with some frequently asked questions put to Wessex Garages Director of Operations for Nissan, Renault & Dacia - Dale Richardson. http://www.wessexgarages.com
https://wn.com/Financial_Conduct_Authority_(Fca)_Explained_|_Wessex_Garages
Keynote speech, Misu Negritoiu, President, Financial Supervisory Authority

Keynote speech, Misu Negritoiu, President, Financial Supervisory Authority

  • Order:
  • Duration: 27:43
  • Updated: 03 Mar 2017
  • views: 71
videos https://wn.com/Keynote_Speech,_Misu_Negritoiu,_President,_Financial_Supervisory_Authority
Briefing by Financial Conduct Authority as 5 biggest banks are fined more than $US3B

Briefing by Financial Conduct Authority as 5 biggest banks are fined more than $US3B

  • Order:
  • Duration: 1:57
  • Updated: 03 Aug 2015
  • views: 76
videos
US, British and Swiss regulators have fined five global banks 3.4 billion US dollars for attempting to manipulate foreign exchange markets. These are the latest penalties for an industry previously criticised for rigging interest rates and for their role in triggering the global financial crisis. The US Commodity Futures Trading Commission, the UK Financial Conduct Authority and the Swiss Financial Market Supervisory Authority said on Wednesday that Citibank, JPMorgan Chase Bank, Royal Bank of Scotland, HSBC Bank and UBS had agreed to settlements totaling almost 3.4 billion US dollars. The FCA said it is continuing to investigate Barclays Bank. "I think it reflects the seriousness of the failings that we've uncovered and the failings which put the integrity of the UK's financial system at risk" said Martin Wheatley, chief executive of the FCA, speaking about the fines. Some 5.3 trillion US dollars change hands every day on the global foreign exchange market, with 40 percent of trades occurring in London. Currencies including dollars, pounds, euros and yen trade in the loosely regulated market dominated by a group of elite banks. But those trades have an even wider impact because companies around the world use market prices to value assets and manage currency risks. The regulators found that between January 1, 2008 and October 15, 2013, the five banks failed to adequately train and supervise foreign currency traders. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/e4270cc4912bb41a3a572b75f6f5fb61 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
https://wn.com/Briefing_By_Financial_Conduct_Authority_As_5_Biggest_Banks_Are_Fined_More_Than_Us3B
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