Basic Search  |  Summaries  |  Advanced SearchPenalty: £34,524,000
Year: 2017
Date: 18 October, 2017
Offence Group: financial offences
Offence Type: investor protection violation
Violation Description: Merrill Lynch paid a £34.5 million fine in settlement of a finding by the FCA that the company failed to report 68.5 million transactions in exchange traded derivatives because it had insufficient oversight and resources allocated.
Action Type: agency action
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
HQ Country of Parent: United States
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: banking
Source of Data: (click here)