FSA censures former Kaupthing Singer and Friedlander
29th June 2012
THE Financial Services Authority has censured the former Icelandic bank Kaupthing Singer and Friedlander Ltd, which had offices in Birmingham and Leeds, for breaching regulatory guidelines.The FSA said the bank, the UK arm of Icelandic banking group Kaupthing Bank, had failed to conduct its business with due skill, care and diligence and it had therefore issued it with a Final Notice. The watchdog said following an investigation into the collapsed KSFL, the bank was found to be in breach of one of the FSA's regulatory principles; s......for the full story register now for free or login below...
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