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Risk Management Fines Financial Conduct Authority (FCA)

Orrick - Finance 20/20

FCA Fines J.P. Morgan Over £3.076M Over Systems and Control Failings

Orrick - Finance 20/20 on

On May 23, the new UK conduct regulator, the Financial Conduct Authority (FCA), fined J.P. Morgan for failings in its wealth management business that persisted for two years until 2012. Specifically, the bank failed to retain...more

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