Helen Harvey

2 months ago | stuff.co.nz | Helen Harvey

2 months ago | lexology.com | Laura C. Bridgewater |Lorna Emson |Alexandra Green |Michael Sholem |Helen Harvey |Madeleine Brown | +1 more

The FCA has today confirmed that it has shelved its proposals to publicise live enforcement investigations. This announcement follows unprecedented criticism from almost all stakeholders including industry and lawmakers. Read our previous article on Naming and shaming: the FCA stands firm.

Dec 26, 2024 | stuff.co.nz | Helen Harvey

Oct 7, 2024 | stuff.co.nz | Helen Harvey

Oct 3, 2024 | lexology.com | Lorna Emson |Helen Harvey

The FCA has fined Starling Bank (the Bank) £29m for failings in their financial crime systems and controls. As the FCA summarised it, the Bank’s financial crime controls “failed to keep pace with its growth”. The FCA Final Notice set out how the Bank underwent exponential growth from the first account opened in July 2016 to a customer base of approximately 3.6m in 2023.