Sentences with phrase «sanctioned by the regulatory authorities»

In the UK I believe it lead to a firm being sanctioned by the regulatory authorities (but can't find the cite at the moment), in the US it has led to judicial costs sanctions.

Not exact matches

The executives» corner - cutting on compliance adds to the embarrassment and regulatory headaches for Zurich - based Credit Suisse, which has had to pay billions of dollars of fines to U.S. authorities in recent years over a wide range of allegations, including mis - selling of mortgage - backed securities, deficiencies in its anti-money-laundering program, front - running clients on foreign - exchange trades and violating U.S. sanctions by secretly funneling money from Iran through American banks.

«Necessary steps are being taken by the regulatory authorities to sanction the airline in a bid to prevent future occurrence.