I recently read a decision by the UK’s Office of Fair Trading (now CMA) dealing with a competition law case. In the Lloyds Pharmacy/Tomms case the OFT put into action its policy on giving companies credit for having compliance programs.… Continue Reading
Posts Tagged: Office of Fair Trading
The Office of Fair Trading (OFT) fined three real-estate agents a total of £246,665 ($408,000) for “significant and widespread” anti-money laundering lapses last week.
Hastings International UK Limited based in South London was assessed a £47,966 ($80,000) fine, Jackson Grundy based in Northampton was fined £169,652 ($281,000), and Jeffrey Ross of Cardiff was fined £29,000 ($48,000).… Continue Reading