Tag

Regulatory Breaches

All articles tagged with #regulatory breaches

pharmaceuticals1 year ago

"Pfizer's Covid Social Media Posts Tarnish Pharmaceutical Industry's Reputation"

Pfizer has been accused by the UK’s pharmaceutical watchdog of breaching the regulatory code five times, including using social media to promote an unlicensed Covid vaccine and making misleading claims. The company has been reprimanded for similar offenses in the past, and was charged administrative costs of £34,800 for the most recent breaches. Pfizer has accepted the ruling and launched a review into its employees’ use of social media platforms to ensure compliance with their own rules and the regulatory code.

finance2 years ago

NatWest Faces Regulatory Breaches and Plunging Shares Amid Farage Debanking Investigation

The UK's Financial Conduct Authority (FCA) has identified potential "regulatory breaches" in NatWest's handling of the decision to close Nigel Farage's accounts. NatWest has acknowledged shortcomings in its treatment of Farage and will implement all recommendations from an initial review. The bank will disclose a decision on whether to dock former CEO Alison Rose's pay over the matter soon. The FCA is reviewing NatWest's governance, systems, and controls in light of the potential breaches.