Royal Dutch Shell plc .com Rotating Header Image

Posts Tagged ‘FSA’

FSA fines hit record with more to come

Fines so far have totalled £22.6m – the second highest amount yet. It would be a record were it not for the distorting effect on the 2004 £24.8m record of the £17m fine against Shell.

Regulators stuck in a fine mess

The biggest fine ever imposed by the Financial Services Authority was £17 million. On Shell, sitting on $270 billion-worth (£146.8 billion) of oil, according to the last accounts.

Winterflood challenges FSA over market abuse fine

A £4m fine would be the fourth largest ever levied by the watchdog. The record was £17m against Shell for mis-stating its oil reserves.

FSA fines Winterflood £4m over market abuse

In August 2004, the authority fined Royal Dutch Shell, the Anglo-Dutch oil giant, a total of £17 million for market abuse and breaching listing rules after the oil group overstated the level of its oil reserves.

US watchdog wants London to tighten oil market rules

American regulators are heading for a direct confrontation with the Financial Services Authority (FSA) after trying to slap new trading restrictions on the London oil market without the approval of the British watchdog.

Is it right or fair the describe the Shell reserves scandal as a “Fraud”

Christopher Cox, the Chairman of the SEC is on record as describing the scandal as a “fraud” when he listed European frauds.

FSA joins western watchdogs in search for oil price rigging

Oil prices ended a volatile week almost $10 below their record $135 levels as the Financial Services Authority joined a worldwide investigation into the price manipulation of crude.

£17m fine against Royal Dutch Shell in 2004, the watchdog’s largest to date, for market abuse

It is dwarfed by the £17m fine against Royal Dutch Shell in 2004, the watchdog’s largest to date, for market abuse.