Fined £338,000 for market abuse surveillance failures allowing $3.05bn in undetected CFD trades
Dinosaur Merchant Bank Limited · merchant banking
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Regulatory & litigation records
FCA surveillance reports would reveal gap in order capture
Can mislead when: Court records lag and name spellings vary. A clean record can mean the problem has not reached court yet.
Operating-metric verification
Trading volume spike without corresponding surveillance alerts
Can mislead when: Contract staff do not appear in EPFO. Vahan access needs licensed APIs. Some businesses have no physical trace.
Where Kubr services would have helped
Portfolio monitor
Offered in India- C8 FCA surveillance reports would reveal gap in order capture
- C10 Trading volume spike without corresponding surveillance alerts
Verified Snapshot
Offered in India- C8 FCA surveillance reports would reveal gap in order capture
Financial diligence
Offered in India- C10 Trading volume spike without corresponding surveillance alerts
Legal diligence support
Offered in India- C8 FCA surveillance reports would reveal gap in order capture
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.