Financial Services Authority.England's Financial Services Authority The Financial Services Authority ("FSA") is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. Its main office is based in Canary Wharf, London, with another office in Edinburgh. has slapped Banamex Investment with more than US$170,000 in fines and court costs court costs n. fees for expenses that the courts pass on to attorneys, who then pass them on to their clients or, in some kinds of cases, to the losing party. . The British government says Mexico's second largest bank used its London subsidiary as a cover for unlicensed trading in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . In an unrelated action, a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of judge is determining jurisdiction in a libel lawsuit filed by Banamex against Mexican newspaper Par Esto for a 15-part series in 1997 that alleged bank investor Roberto Hernandez Ramirez had links to drug trafficking. After a failed libel lawsuit in Mexico, Banamex headed to a U.S. court, alleging that an editor at the Merida newspaper libeled the bank during a visit to New York. The lawsuit also names online newsletter Narconews.com and its editor for stories based on the Por Esto articles. |
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