View more on these topics

Bank of Ireland hit with £375,000 fine

Bank of Ireland has been fined £375,000 by regulators for failing to have systems to stop a series of high-risk cash transactions worth £2m.

The FSA said that the transactions were a breach of policies and procedures and appeared to be suspicious. The transactions are currently being investigated by law enforcement.

Recommended

Santander admits that its takeover of Abbey would slash adviser sales

A takeover of Abbey by Santander Central Hispano would see the Spanish bank cutting down significantly on distribution through intermediaries. A Santander analyst presentation at the end of July says the bank would want to increase the proportion of business done through branches from the current 35 per cent to 50 per cent. This would […]

Which? probe points finger at mortgage advisers

Which? magazine is accusing mortgage advisers of flagrant disregard for the MCCB code of practice after an undercover probe found only three out of 39 advisers gave acceptable advice. It claims that two out of three brokers failed to explain properly how mortgages could be repaid and nearly half gave misleading information. Seven of the […]

Correspondent&#39s View

Monday morning finds me staring into a BBC camera with the words “financial expert” quite ludicrously tagged next to my name. The camera rolls and with that fake self-assurance I learnt from Carol Vorderman when she once recorded a show from my Islington bedroom (and that is absolutely true), I start my expert analysis of […]

Product Matters

This year will undoubtedly be one of the bestfor venture capital trusts for some time. A whole raft of existing and new names will be seeking funds as they capitalise on the higher popularity of VCTs due to increased tax rebates for investors. The fact that many new names will be entering the market brings […]

Sierra Leone cover image - thumbnail

White paper — Sierra Leone International Insights

Jelf Employee Benefits assesses the areas that employers should be aware of when considering operating in Sierra Leone, including healthcare access, delivery and insurance provisions. This report draws on various sources to highlight specific considerations for this emerging jewel in West Africa.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment