Simply How Fulsome Was Jes Staley’s Description Of His Ties To Jeffrey Epstein To British Regulators?
The authorities in the UK have no real interest in trying into the relations of a literal (if solely formal) member of their governing hierarchy had with potential financier and famous lifeless pedophile Jeffrey Epstein, a disinterest that shall be maintained no less than till these American regulation enforcers so keen to sit down down for a cup of tea and a few robust questions with Prince Andrew get round to asking for his or her assist, assuming they ever do. However they’re fairly within the ties between Epstein and the American head of one in all their banks, Barclays CEO Jes Staley.Staley, in fact, was a longtime good friend of Epstein’s and occasional visitor at his non-public Caribbean island, which can or might not have been nothing greater than a beachy venue for trafficking in intercourse with underage women away from prying eyes. And Staley was intimately concerned within the one piece of precise enterprise we all know Epstein transacted, serving to his buddy Glenn Dubin—who has since retired in order to by no means need to reply a query about Epstein once more—discover a purchaser for his hedge fund, particularly one Jes Staley, then a prime JPMorgan Chase government.Anyway, since not one of the aforementioned intercourse stuff seems to have occurred on British soil, and since Staley himself has not been tied to even an Epstein-arranged therapeutic massage whereas sporting underpants, the Bobbies haven’t knocked on Staley’s door. However the Monetary Conduct Authority and Prudential Regulation Authority have, and wish to know what, precisely, he instructed sure whos about his relationship with Epstein, and when.Barclays financial institution mentioned the investigation, launched by the Monetary Conduct Authority (FCA) and Prudential Regulation Authority (PRA) in December, targeted on Staley’s “characterisation to the corporate of his relationship with Mr Epstein and the next description of that relationship within the firm’s response to the FCA”….Barclays mentioned it had carried out an inner evaluation and had no issues over the best way its chief government had characterised his dealings with the convicted intercourse offender. A spokesman mentioned the financial institution had been conscious of the connection with Epstein earlier than Staley’s appointment in October 2015.Barclays added that Staley had “confirmed to the board that he has had no contact by any means with Mr Epstein at any time since taking over his function as Barclays Group CEO in December 2015”.That it fairly frankly way more confidence than we’re snug with Barclays displaying about something, however like everybody else in Staley’s place vis-à-vis Epstein, he’d somewhat not discuss it greater than is totally needed, so can this simply suffice, please?”It has been very well-known I had knowledgeable relationship with Jeffrey Epstein,” Mr Staley instructed reporters on Thursday. “It goes again to 2000 once I was requested to run the JP Morgan non-public financial institution and he was already a consumer once I joined the non-public financial institution.”The connection was maintained throughout my time at JP Morgan however as I left JP Morgan the connection tapered off fairly considerably. Clearly I assumed I knew him nicely and I did not. For positive, with hindsight with what we all know now, I deeply remorse having any relationship with Jeffrey.”And even a bit extra now than earlier than the FCA and PRA acquired concerned, we think about.Barclays boss Jes Staley’s hyperlinks to Jeffrey Epstein investigated [Guardian]Barclays boss Jes Staley ‘deeply regrets’ intercourse offender hyperlink [BBC]