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PRA fines Standard Chartered Bank £46.55m

 

The Prudential Regulation Authority (PRA) has fined Standard Chartered Bank (SCB) £46.55m for failing to be “open and cooperative” with the PRA and for failings in governance.

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Woods reappointed CEO at PRA

Sam Woods has been reappointed as Deputy Governor of the Bank of England with responsibility for Prudential Regulation and will continue as chief executive of the Prudential Regulation Authority.

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