Commerzbank latest firm caught out by FSA for transaction reporting failures

The London branch of Commerzbank has been fined £595,000 for failing to provide accurate and timely transaction reports, as the UK’s Financial services Authority (FSA) intensifies its monitoring of market transactions to prevent abuse.

“We will be undertaking regular reviews of the quality and completeness of firms’ submissions. We expect firms now to be fully compliant with the transaction reporting requirements. Where we identify problems with transaction reporting we will consider the use of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: