Goldman Sachs Fined 34.3 Million Pounds By FCA
The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base.
The Multinational Investment bank has been fined by Britain’s Financial Authority Committee (FCA) with regard to transaction reporting failures for more than a decade under the securities law in Europe or better known as the MiFID. The fine is for $45.07 million (34.3 million pounds). Goldman agreed to act on the issue proactively.
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