City Of London
UK to Censure Tory Donor Rowland and Banque Havilland Over Qatari Plan
- Banque Havilland, Edmund Rowland are appealing the findings
- FCA was investigating bank’s alleged role in Qatari turmoil
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The UK’s financial watchdog is moving to censure the son of a Conservative Party donor and his family’s private bank following an investigation into its alleged role in an attempt to undermine the Qatari financial system.
A court filing shows the Financial Conduct Authority has completed its investigation and found against Edmund Rowland and Banque Havilland SA. It was investigating the bank’s alleged role in a financial attack against Qatar in the fall of 2017.