March 28, 2019 / 10:17 AM / 5 months ago

UK watchdog fines Goldman Sachs $45 million for reporting failures

LONDON, March 28 (Reuters) - Britain's markets watchdog said on Thursday it has fined Goldman Sachs 34.3 million pounds ($45.07 million) for failing to provide accurate and timely reporting of transactions spanning a decade.

"These were serious and prolonged failures," said Mark Steward, the FCA's executive director of enforcement and market oversight.

$1 = 0.7610 pounds Reporting by Huw Jones, Editing by Iain Withers

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