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The CEO of Barclays is being fined for trying to unmask an anonymous whistleblower





Barclays' CEO Jes Staley arrives at 10 Downing Street in London, Britain January 11, 2018.

  • Barclays CEO facing fine from FCA and PRA over his attempts to identify 2016 whistleblower.
  • The FCA and PRA will monitor Barclay’s whistleblowing programme going forward.
  • The decisions bring the regulators’ year-long investigation into the incident to a close.

LONDON — UK regulators have decided Barclays CEO Jes Staley must pay a fine for his attempts to try and identify an internal bank whistleblower back in 2016.

Barclays announced on Friday that the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) had concluded their year-long investigation into the incident.

They decided that the incident “represented a breach of Individual Conduct Rule 2 (requirement read more >>>

Source:: BusinessInsider.Com

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