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JPMorgan to pay US$100m for monitoring failures
JPMorgan is paying US$100m to the US Commodity Futures Trading Commission (CFTC) to settle claims it failed to properly monitor billions of client orders over
May 29, 2024
JPMorgan is paying US$100m to the US Commodity Futures Trading Commission (CFTC) to settle claims it failed to properly monitor billions of client orders over
There is no topic quite as contentious as whistleblowing, particularly in the financial sector where the boundary between “right” and “wrong” is so often tested. A number of global regulators are overhauling their approach to whistleblowing in an attempt to change perceptions of this controversial area of risk management. In our latest free report, we take a look at attitudes and approaches to whistleblowing in financial services and provide an overview of recent developments in whistleblowing guidelines and regulation.
The UK’s Financial Conduct Authority (FCA) has brought charges against nine social media influencers in relation to an unauthorised foreign exchange trading scheme.
The US Securities and Exchange Commission (SEC) has charged audit firm BF Borgers and its owner, Benjamin Borgers, with filing more than 1,500 fraudulent audits and reviews to the SEC and misleading clients, in a “massive fraud” spanning more than two years.
