1-12 of 12 results for subject:UBS
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To ask Her Majesty's Government further to the European Commission’s €344 million fine on UBS, Barclays, RBS, HSBC and Credit Suisse on 2 December for operating a foreign exchange cartel, what plans they have to appoint an independent inquiry into the operations of the UK arms of these banks.
To ask Her Majesty's Government further to the European Commission’s €344 million fine on UBS, Barclays, RBS, HSBC and Credit Suisse on 2 December for operating a foreign exchange cartel, what plans they have to appoint an independent inquiry into the operations of the UK arms of these banks.
The UK’s independent financial services regulator, the FCA, investigated misconduct in the foreign exchange markets and fined six firms (Citibank, HSBC, JP Morgan, RBS, UBS, and Barclays) a total of £1.4 billion in 2014 and 2015 for failures of systems to control trading practices.
Alongside this, the European Commission opened a competition investigation in 2013, into the same issue, including covering any harm within the UK. In accordance with the EU-UK Withdrawal Agreement, the EU has continued to be responsible for the case, because it was initiated before the end of the transition period. The EU shall reimburse the UK for its share of the amount of the fine once the fine has become definitive.
To ask Her Majesty’s Government whether the losses at UBS will lead to a reduction in the tax revenue they will receive from the bank.
To ask Her Majesty’s Government whether the losses at UBS will lead to a reduction in the tax revenue they will receive from the bank.
To ask Her Majesty’s Government whether they have plans to insist that all financial transactions between banks are subject to mandatory written confirmation within 24 hours of trade; and whether they consider that the absence of such confirmations played a role in the losses at UBS attributed to unauthorised trading.
To ask Her Majesty’s Government whether they have plans to insist that all financial transactions between banks are subject to mandatory written confirmation within 24 hours of trade; and whether they consider that the absence of such confirmations played a role in the losses at UBS attributed to unauthorised trading.
To ask Her Majesty’s Government whether the losses at UBS attributed to unauthorised trading arose in an entity subject to regulation by the Financial Services Authority.
To ask Her Majesty’s Government whether the losses at UBS attributed to unauthorised trading arose in an entity subject to regulation by the Financial Services Authority.
To ask Her Majesty's Government what payments were made from (a) HM Treasury and its agencies, and (b) HM Revenue and Customs, to (1) UBS, and (2) Merrill Lynch, in 2008–09; and what those payments related to.
To ask Her Majesty's Government what payments were made from (a) HM Treasury and its agencies, and (b) HM Revenue and Customs, to (1) UBS, and (2) Merrill Lynch, in 2008–09; and what those payments related to.
To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform how much his Department has spent in hiring UBS to evaluate interest from prospective bidders for a stake in Royal Mail.
To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform how much his Department has spent in hiring UBS to evaluate interest from prospective bidders for a stake in Royal Mail.
To ask the Secretary of State for Business, Enterprise and Regulatory Reform what contracts have been awarded to UBS and its sister companies by his Department since June 2007.
To ask the Secretary of State for Business, Enterprise and Regulatory Reform what contracts have been awarded to UBS and its sister companies by his Department since June 2007.
To ask the Secretary of State for Business, Enterprise and Regulatory Reform what assessment he has made of the effect on suitability of UBS AG to continue work for his Department on the financial and commercial aspects of new nuclear build of that Bank's announcement of its Chairman's resignation.
To ask the Secretary of State for Business, Enterprise and Regulatory Reform what assessment he has made of the effect on suitability of UBS AG to continue work for his Department on the financial and commercial aspects of new nuclear build of that Bank's announcement of its Chairman's resignation.