Santander Fined For Structured Products Cover Failure
The U.K.’s Financial Services Authority has fined Santander £1.5 million ($2.38 million) for failing to accurately communicate to customer confirm under which circumstances its structured products would be covered by the Financial Services Compensation Scheme.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast