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Barclays hires Amazon payments head to lead POS finance business
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The FCA And SEC Annual Reports – A Statistical Comparison - Corporate/Commercial Law

The FCA And SEC Annual Reports – A Statistical Comparison - Corporate/Commercial Law
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The FCA And SEC Annual Reports – A Statistical Comparison | Akin Gump Strauss Hauer & Feld LLP
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U.K. watchdog fines Barclays $34.7 million

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A top U.K. regulator has levied a GBP26 million ($34.7 million) fine on Barclays PLC-related units over the treatment of customers that fell into arrears or went through a difficult financial situation.
The Financial Conduct Authority said Tuesday that between April 2014 and December 2018, Barclays and some affiliates failed to help some customers understand the reason behind missed payments and provided solutions that were unaffordable or unsustainable.
The FCA requires consumer credit firms to take measures to understand customers financial difficulties and to show forbearance to customers who have missed payments or are struggling financially.
The regulator cited Barclays Bank UK PLC, Barclays Bank PLC and Clydesdale Financial Services Ltd., a wholly owned subsidiary of Barclays Bank, for the violations. ....

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U.K. Watchdog Fines Barclays Units $34.7 Million Over Treatment of Customers in Arrears

Appeared in the December 16, 2020, print edition as U.K. Watchdog Sets Fines for Barclays Units.
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