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Posts Tagged ‘Market Abuse’

FSA fines Credit Suisse £5.6m for deliberate mispricing

The largest fine – £17m – was issued to Royal Dutch Shell for market abuse. The FSA cited Shell’s “unprecedented misconduct” after it mis-stated its reserves.

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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.

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