This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Barclays fined $15 million following New York whistleblower investigation

( December 18, 2018, 17:25 GMT | Official Statement) -- MLex Summary: The New York Department of Financial Services has fined Barclays Bank and its New York branch $15 million stemming from an investigation into attempts by the bank’s CEO to identify the authors of two whistleblowing letters in contravention of Barclays’ established whistleblowing policies and procedures. The investigation found that shortcomings in governance, controls and corporate culture relating to Barclays’ whistleblowing function permitted a sequence of events that could have had a detrimental impact on the efficacy of Barclays’ whistleblowing program.Statement follows in full. Also see document below....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections