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Senior bankers could go to jail for seven years under new FCA rules | City A.M.

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    Senior bankers could go to jail for seven years under new FCA rules | City A.M.

    Senior bankers could face up to seven years in prison under new rules revealed by the Financial Conduct Authority FCA today. Following a series of scandals such as Libor and Forex, the financial watchdog has changed the legal requirement for punishment from “innocent until proven guilty” to “presumption of responsibility”. This means bankers will be […]
    Read More -> Senior bankers could go to jail for seven years under new FCA rules | City A.M.


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