A&O advises BNY Mellon on FCA custody breach investigation
Allen & Overy (A&O) has advised the Bank of New York (BNY) Mellon on a Financial Conduct Authority (FCA) investigation that yesterday (15 April) saw the bank slapped with a £126m fine for breaching custody rules. A&O head of banking, finance and regulatory litigation Calum Burnett, banking partner Damian Carolan and counsel Philip Annett provided advice […]