The Financial Conduct Authority (FCA) stated on its website that Goldman Sachs International (GSI) has been fined £49 million for its failure in providing ‘accurate and timely’ reporting relating to 220.2 million transaction reports as of November 2007 to March 2017.
Goldman Sachs agreed to solve the case and therefore qualified for a 30% discount, making the fine £34.3 million.
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