FCA Fines DMBL £338K After Surveillance Gaps Left $3 Billion in CFD Trades Undetected
The UK’s Financial Conduct Authority has fined Dinosaur Merchant Bank Limited (DMBL) £338,000 for failing to implement effective systems to detect and report suspicious trading in its contracts for difference business. Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!). The fine comes amid broader regulatory developments in the UK…