FCA fines Towergate and former director more than £2m LeapRate

July 13, 2016 BY Valentina Kirilova

FCA fines Towergate and former director more than £2m

The Financial Conduct Authority (FCA) has today fined Towergate Underwriting Group Limited (Towergate) £2,632,000 for failings in relation to its protection of client and insurer money. Towergate, an insurance intermediary which holds both client and insurer money, accumulated a shortfall of £12.6 million in its client and insurer money bank accounts which, due to systems…

September 18, 2015 BY Maria Nikolova

Hong Kong's SFC names Maureen Garrett Interim Head of Enforcement

Ms Garrett will replace Mark Steward who is leaving the Hong Kong regulator to take a similar role at the UK's Financial Conduct Authority.

June 08, 2015 BY Andrew Saks-McLeod

FCA appoints Hong Kong SFC Head of Enforcement as Director of Market Oversight

British financial markets regulator, the FCA, has appointed Hong Kong Securities and Futures Commission executive Mark Steward as Director of Market Oversight, and Santander Managing Director Barbara Frohn as Director of Risk and Compliance Oversight

Tag: mark steward