PRA charges Citi’s UK branch for failings in reporting

By Jasper Cox
26 Nov 2019

The UK’s Prudential Regulation Authority has handed three Citigroup subsidiaries a fine of £43.9m for problems with its regulatory reporting, in particular in relation to one of their capital and liquidity positions.

The fine was imposed on Citigroup Global Markets Limited, Citibank NA London and Citibank Europe Plc UK. During at least part of the period between June 2014 and the end of last year, the firms failed to submit compete and accurate regulatory returns to the PRA.

The ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.