Barclays Fined $44m, Gold Fix Blameless
"Barclays breached Principle 3 [of the UK regulator's rules] by failing to take reasonable care to organise and control its affairs responsibly and effectively, with adequate risk management systems..."[The bank] also breached Principle 8...[and needs to] adequately manage certain conflicts of interest between itself and its customers."
"The Gold Fixing is an important pricing mechanism which provides market users with the opportunity to buy and sell gold at a single quoted price."