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Stelly tries to clear your name and cancel a lifetime ban from the senior Chief Executive Director Barclays in 2021 after Investigation FCA About how he described his relationship with the disgraced financier and sex criminal Epstein. The stele did not make a letter, but the FCA decided that he “approved” recklessly “.
In his introductory statement, which was noticed by the Financial Times, Stely said that “explained a sufficient detail of his relationship with Mr. Epstein in conversations with the leaders and board of councils in Barclays….
“It was also one of the factors that forced Barclays to maintain confidence in Mr. Sava after (FCA) opened and continued the investigation.” FCA started its probe in 2019.
The stele seeks to refute the allegations of the FCA in his entrance arguments that he has shown a “behavior model”, repeatedly improperly presenting his relationship with Epstein to avoid damage to his career.
Former Bos-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Bo-Boop presented his reputation and his career, “the FT arguments said, adding that he sought to” minimize the proximity and duration of his relationship. ”
The FCA said the stele “had to know” about the risk that a letter from Barclays to the guards in October 2019 would be misleading: it stated that the stalls confirmed that “he had no close relationship” with the Epstein, and that they had last transferred “long before he entered the Barclay in 2015.”
FCA was sent Cash emails From the former JPMORGAN Chase stall, which is believed to be the regulator. This pushed him to launch the investigation, which eventually led to a 1.8 million pound of sterling and gave a lifetime ban.
“He was ill -advised at this risk to mislead the authorities’ statement, in circumstances when he was the only person in Barclays, who actually knew the closeness of his attitudes towards Mr. Epstein and his contact with him,” the FCA said in his entrance arguments.
Stely sought to create his relationship with the Epstein, who died in 2019, waiting for trial on charges of trading sex as “one found in business” with some cases of social interaction.
“Mr -n Epstein had the most wonderful network of contacts,” Stely said in his introductory statement. “The range of its contacts and influences are not only strange but probably without a precedent.”
Stely also claimed that the Barclays wanted to postpone with the letter, there was a mismatch – what the stele did not know and participated in Epstein crimes – and how FCA interpreted it.
“The letter was not intended when it was developed and approved to determine the nature and history of Mr. Stelia’s relationship with Mr. Epstein,” the statement reads. “If this was his goal, it would be designed and approved in completely different conditions.”
The FCA has stated that “it does not seek to embarrass” the stele, and it does not “invite the tribunal to participate in or knowledge of any violations by Mr. Epstein.”
It adds that he needed to “rely on the truth and completeness of the ideas made to it and openness in the disclosure of the issues that could be reasonably reported.”
“This is an important case… About the behavior necessary for people who play the older roles in this sector and set an example for the employees of their firm,” the statement reads.
The two -week trial will be held in key city figures, including the governor of England, Andrew Bailey, as well as the former stele colleagues in Barclays, who had long sought to retreat from the episode.
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2025-03-03 05:00:00
