Search Results for: Serious Fraud Office
SPG and SPGI director pleads guilty to FMA charges
September 30th, 2015
Former company director and financial adviser, Andrew Hrothgar Robinson, has today pleaded guilty to charges brought by the Financial Markets Authority (FMA), relating to his involvement as director of Strategic Planning Group Limited (SPG) and SPG Investment Company No.1 ...
SFO to press Barclays over £7bn fundraising in private hearing
September 29th, 2015
Serious Fraud Office will apply for access to evidence regarding how the bank raised the funds during the 2008 financial crisis A private hearing is to take place in December in which the Serious Fraud Office (SFO) is thought to be ...
Slater & Gordon sets sights on Global 100 in 2016 as revenues hit A$522m
August 31st, 2015
Slater & Gordon has published its financial results for the year to 30 June 2015, recording a 27% increase in revenues as it continued its acquisitive streak throughout the year. The Australian-listed firm said that turnover had grown from A$411.1m ...
FCA bans and fines former director of advisory firm TailorMade Independent Ltd
August 13th, 2015
FCA UK has issued a press release to inform on its decision to ban and fine Robert Shaw, of TailorMade Independent Ltd, for SIPP advisory failings. Robert Shaw, former director of advisory firm TailorMade Independent Ltd (TMI), has been banned ...
KPMG facing probe as Quindell restates accounts
August 10th, 2015
KPMG is facing an investigation by the accounting watchdog over its work auditing the accounts of troubled AIM-listed insurer Quindell. The Financial Reporting Council inquiry was confirmed hours after Quindell revealed it had plunged to a £68m loss last year ...
Former Libor ‘Ringmaster’ Hayes Gets 14 Years for Libor Rigging
August 4th, 2015
Former UBS Group AG and Citigroup Inc. trader Tom Hayes, the first person to stand trial for manipulating Libor, was sentenced to 14 years in prison after being found guilty of conspiracy to rig the benchmark rate. After a ...
Deutsche Bank Moscow Faces Three Investigations Over Possible Money Laundering
July 17th, 2015
German banking giant Deutsche Bank is now undergoing three investigations into possible money-laundering at its Moscow branch after Britain joined the United States and the lender itself in probing suspect trades. The Financial Conduct Authority (FCA), Britain’s financial watchdog, ...
UBS Gave Out ‘Instruction Manual on Fixing Libor,’ Hayes Said
June 19th, 2015
Thomas Hayes, a former trader on trial over charges he manipulated benchmark rates, told prosecutors in 2013 that UBS Group AG distributed “an instruction manual on fixing Libor” to suit their trading positions. The Swiss bank’s e-mailed “Guide to ...
Libor Case Comes to Trial
May 25th, 2015
U.K. prosecutors to contend Tom Hayes led conspiracy to manipulate rates Is a 35-year-old mathematician the modern face of financial crime? In a trial starting Tuesday in London, British prosecutors will contend that the answer is yes. They are ...
FMA secures Asset Preservation Orders over Arena Capital Limited / BlackfortFX
May 21st, 2015
The FMA confirms that it is undertaking an investigation into Arena Capital Limited (Arena), trading as BlackfortFX (Blackfort). The FMA has obtained asset preservation orders over the assets of Arena/Blackfort and associated persons, in light of concerns that investor ...
