Tag: Custody Rules

FCA Fines BNY Mellon $185M For Compliance Failures

FCA Fines BNY Mellon $185M For Compliance Failures

The Financial Conduct Authority, Britain’s market regulator, has fined the Bank of New York Mellon $185 million (£126 million) for failing to protect its customers’ assets. The fine is the eighth largest ever imposed by the FCA. Breaches spanned nearly six […]