Bank of England hits UK arm of Qatar Islamic Bank with £1.4m fine - FT.com:
"The Bank of England has fined the UK arm of Qatar Islamic Bank £1.4m for “significant failings” in relation to risk-taking with clients and its capital buffers.
The Mayfair-based bank was hit with the penalty on Friday after the Prudential Regulation Authority, part of the BoE, found that it had not properly assessed its capital reserves and exposure to customers."
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