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BNP Paribas USA Pleads Guilty to FX Price-Fixing

January 30, 2018 by Eugene Grygo

BNP Paribas USA Pleads Guilty to FX Price-Fixing

Officials of the U.S. Justice Department and BNP Paribas USA Inc. (BNPP USA) have settled a case in which the subsidiary of BNP Paribas is pleading guilty to one count of price-fixing via foreign exchange (FX) markets and has agreed to pay a criminal fine of $90 million. According to documents filed recently with the… Read More >>

Filed Under: Securities Operations, Data Management, Operational Risk, Risk Management, Governance, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting Tagged With: AML/Fraud/Financial Crime, BNP Paribas, data management, FDIC Inspector General Jay N. Lerner, foreign exchange (FX), governance, New York State Department of Financial Services and the Board of Governors, operational risk, regulation, Regulation & Compliance, regulatory reporting, risk management, Securities Operations, Sherman Act, U.S. District Court for the Southern District of New York, U.S. Justice Department

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