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FCA fines Citigroup’s international broker-dealer £12.6m for failures relating to the detection of market abuse

Published on: 19 August 2022

Published by LNB News

LNB News 19/08/2022

Document Information

Issue Date: 19 August 2022

Published Date: 19 August 2022

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has fined Citigroup Global Markets Limited (Citigroup Global Markets) £12,553,800 for failing to properly implement the Market Abuse Regulation (MAR) trade surveillance requirements relating to the detection of market abuse.

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