The Financial Conduct Authority (FCA) has fined Citigroup Global Markets over £12.5 million for market abuse failings.
Citigroup Global Markets has been fined £12,553,800 for failing to properly implement the market abuse regulation (MAR) trade surveillance requirements.
Citigroup Global Markets is the London headquartered international broker dealer arm of US bank Citigroup.
By not implementing the requirements, it could not effectively monitor its trading activities for certai...
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