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October 12, 2023regulatory actionfinancial regulationgovernment accountabilityJusticeAccountabilityThe Epstein Files

UK regulator bans former Barclays CEO Jes Staley over Epstein statements

Britain Financial Conduct Authority banned former Barclays chief executive Jes Staley from senior financial roles and fined him after finding that he misled the regulator about the nature of his relationship with Jeffrey Epstein. Staley challenged the decision. The action connected Epstein records to executive accountability in global banking and to the standards regulators apply to senior financial leaders.