NewsED&F Man Capital Markets Ltd Fined £17.2m by FCA for Enabling Illegitimate Tax Reclaims
ED&F Man Capital Markets Ltd, now known as Marex Capital Markets (MCM) fined £17.2m by FCA for enabling illicit tax reclaims. Inadequate compliance checks allowed clients to reclaim tax illegitimately. Rigorous monitoring and risk assessment systems are crucial to prevent financial crimes. Authorized firms must avoid illegal activities.
NewsPGIM Private Capital invests $65.0M in ED&F Man Capital Markets US Holdings, Inc.
ED&F Man Capital Markets is a global financial brokerage and trading business and the financial services division of ED&F Man Group. As one of the world’s leading brokers, with 230 years of heritage, a vastly experienced team of trading experts and market-leading brokerage technology solutions, we are ideally placed to service our clients’ needs, while maintaining a focus on our business values of integrity, client care, careful risk management and upholding the highest standards of regulatory compliance.