JPMorgan Chase has put its chief currency dealer in London, Richard Usher, on leave, a source familiar with the matter said on Wednesday, and Bloomberg reported Citigroup had done the same with its chief dealer. . .

http://www.cnbc.com/id/101157687

This forms part of our annual cycle of fees consultation. In October, we consult on any proposed changes to the underlying policy of the fee and levy regimes of the FCA, the Financial Ombudsman Service, the Financial Services Compensation Scheme (FSCS) and the Money Advice Service (MAS).

We do not consult on any proposals affecting the FSCS in this CP, but we do flag up the implications for the different bodies where appropriate . . .

http://www.fca.org.uk/news/cp13-14-regulatory-fees-and-levies

Firms must establish and maintain robust defences and risk management frameworks that identify and mitigate money laundering and bribery and corruption risks. Although previous regulatory action relating to anti-money laundering (AML) and anti-bribery and corruption (ABC) systems and controls failings has focused on the banking and insurance sectors, there are significant risks in other sectors. . .

http://www.fca.org.uk/news/thematic-reviews/tr13-9-anti-money-laundering-and-anti-bribery

The Basel Committee on Banking Supervision has today issued a second consultative paper on the fundamental review of capital requirements for the trading book. The paper comprises a detailed set of proposals for a comprehensive revision of the market risk framework. This initiative forms part of the Committee’s broader agenda to reform regulatory standards for banks in response to the financial crisis. . . .

http://www.bis.org/publ/bcbs265.htm

UK bank Barclays has suspended six traders as part of a probe into suggestions  that currency markets could have been rigged, the BBC has learnt. . .

http://www.bbc.co.uk/news/business-24773173#