Delhi L-G okays 11 officials suspension for lapses in excise policy: Report

Lieutenant Governor V K Saxena has approved the suspension of 11 officials over “serious lapses” in the implementation of the Excise Policy 2021-22, sources said on Saturday. The suspended officials include then Delhi excise commissioner Arava Gopi Krishna and deputy excise commissioner Anand Kumar Tiwari, they said. Krishna, a 2012 batch … Read more

SEC charges UBS, JPMorgan, TradeStation for identity theft protection lapses

(Reuters) — The U.S. Securities and Exchange Commission on Wednesday charged lenders JPMorgan and UBS as well as online broker TradeStation for deficiencies relating to the prevention of customer identity theft, the agency said. Without admitting or denying the SEC’s findings, each firm agreed to pay the following penalties: JPMorgan $1.2 million, UBS $925,000, and … Read more

QBE ‘working promptly’ on customer remediation after pricing discount lapses – Corporate – Insurance News

QBE ‘working promptly’ on customer remediation after pricing discount lapses 25 July 2022 QBE is “working promptly” to complete its customer remediation program after an internal review found “instances” where pricing promises were not “fully delivered” to policyholders. The insurer carried out the review after the Australian Securities and Investments Commission (ASIC) last year called … Read more

Wells Fargo Advisors fined for anti-money laundering lapses

(Reuters) — The U.S. Securities and Exchange commission on Friday said Wells Fargo Advisors had agreed to pay $7 million to settle charges of anti-money laundering-related violations. The regulator said Wells Fargo Advisors failed to file at least 34 Suspicious Activity Reports in a timely manner between April 2017 and October 2021. The lapse arose … Read more