This year seems to have been a big one as far as banking scandals go. A major part of the fallout from the financial crisis, which was predominantly caused by the irresponsible actions of banks, has been a public and government outcry regarding the way banks operate.

From rate fixing to bonuses, money laundering and sanction breaking, this has been a year in which the banks have been taken to task by lawmakers and regulators across the world.

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Last week’s Sunday Telegraph reported that independent watchdog, the Fundraising Standards Board (FRSB), has published their report prompted by the newspaper’s undercover investigations into charity street collectors earlier this year.

The FRSB report focussed on the practices of a large fund-raising company employed by several well-known charities, Tag Campaigns, which uses street collectors, known colloquially as ‘charity muggers’ or ‘chuggers’.

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The Insolvency Service, a statutory body set up to support the Department of Business, Innovation and Skills (BIS) by dealing with financial failure in the economy, has won a ban regarding future directorships for two care home bosses at Croydon County Court.

The Daily Mail reports that, under the Company Directors Disqualification Act 1986, Deepak Mohan Mirpuri was prohibited from running a company for seven years, while his nephew, Arun Mirpuri, was banned for four years.

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Barclays has been ordered to pay $470m in penalties by the US Federal Energy Regulatory Commission for allegedly manipulating the US energy market, according to The Telegraph.

The bank has been fined $435m, and has also been ordered to re-pay a further $34.9m in “unjust profits” earned from the manipulation.

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