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Merrill Lynch fined GBP34.5 million by FCA for derivatives-report failure

( October 23, 2017, 09:27 GMT | Official Statement) -- MLex Summary: Merrill Lynch was fined 34.5 million pounds, reduced in a settlement, by the UK Financial Conduct Authority for failing to report derivatives transactions as required under EU law. This is the Bank of America unit's third FCA case for breaching reporting rules.Full statement follows. The document is attached....

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