EFTA00150859.pdf

From: " IM:" To: Cc: Subject: Fwd: Strictly Private & Confidential Date: Thu, 16 Apr 2020 10:29:57 +0000 Importance: Normal Inline-Images: image001.png; image002.png; image003.png Good morning all, I received the email below this morning from the UK Financial Conduct Authority (FCA). The FCA is investigating James Staley and his fitness to serve as CEO of Barclays Bank after admitting his previous relationship with Jeffery Epstein, which Staley claims ended in 2015 before he became CEO. The FCA has already contacted AUSA in SDNY who advised that he had nothing to add to their investigation, but somehow apparently put FCA in contact with a source who has provided additional links between Staley and Epstein. I have already advised FCA that their investigation appears to be more on the regulatory side of the FCA's responsibility and that assessing one's fitness for duty isn't something we would normally investigate. And given that Mr has already declined to offer anything, I have tried to manage expectations that we too will likely have nothing to provide in this regard. All this said, before I respond (or take the conference call with FCA), I want to run this by you to offer a chance to comment or provide a response. I'd be grateful for your thoughts. Thanks in advance for you consideration, Joe Assistant Legal Attache FBI/Legal Attache London American Embass London Forwarded messa e From: Date: Apr 16, 2020 9:00 AM Subject: Strictly Private & Confidential To: ' Cc: " EFTA00150859 Morning Hope you are both well and keeping safe. Joe - please see the request below from the Op Downey case team. As discussed yesterday, once you've had a chance to look at this, I'd like to set up a conference call with you and the case manager so that she can provide more detail. We could also discuss the extent of any assistance you may be able to provide. The case manager is Natalie Rivett, you may remember her, she was involved in the Beaufort case. "The FCA opened a regulatory investigation into Mr Staley in December 2019. The investigation is considering whether Mr Staley failed to act with integrity, failed to be open and cooperative with the FCA and failed to disclose relevant information to the FCA. It is also considering whether Mr Staley is "fit and proper" to perform functions in relation to the firm's regulatory activity. In August 2019, the FCA asked Barclays' senior management to consider what it had done to satisfy itself that it was comfortable with any relationship that may have existed between the bank and/or Mr Staley and Mr Epstein. This followed the FCA becoming aware of information in the public domain that suggested that Mr Staley and Mr Epstein may have had a personal relationship, and further to matters in the public domain relating to Mr Epstein's conduct. In October 2019, Barclays reverted to the FCA and stated that Mr Staley had confirmed that he did not have a close relationship with Mr Epstein and, at no time, did he see anything that would have suggested or revealed any aspect of the conduct that has been the subject of recent allegations. The FCA have been investigating whether that statement is accurate and as part of the investigation, we spoke to Edward of the Department of Justice, Southern District of New York (SDNY) who, as I mentioned, put us in touch with a source who has made us aware of further links that Mr Staley may have had with Mr Epstein. I understand that Vijay is going to set up a call for us to discuss this information in more detail however it is worth noting that, to date, we have been unable to corroborate the information provided by this source. I understand that to the extent that you have any information that may be relevant to our investigation, it could only be provided to us for Intelligence purposes. If you do, however, have information relevant to our investigation, we would seek to corroborate it independently if possible. In short, we are looking for information that is relevant to the question of whether Mr Staley and Mr Epstein had a close personal relationship or any information to suggest that Mr Staley was aware of Mr Epstein's alleged misconduct. This could include, but isn't limited to, details of meetings that took place between Mr Epstein and Mr Staley, telephone calls, witness testimony, emails, etc. Any assistance you can provide in this regard would be greatly appreciated". Please note that this email contains confidential information. Any information that is "confidential" for the purposes of section 348 of the Financial Services and Markets Act 2000 ("FSMA") is disclosed to the US Federal Bureau of Investigations ("FBI") in accordance with Regulation 3 (1)(a) of The Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations (512001 no.2188) to enable or assist the Financial Conduct Authority to discharge its public functions. The information remains "confidential" in the FBI's hands and subject to the restrictions contained in section 348 of FSMA and the exceptions permitted by regulations made under section 349. Disclosure other than in accordance with these restrictions and exceptions is a criminal offence under UK law. Thank you for your assistance. Kind regards EFTA00150860 Vijay Vijay Emmerson Team Leader/ Intelligence Enforcement & Market Oversight Division A FINANCIAL CONDUCT AUTHORITY E20 1JN Tel: Follow us: This communication and any attachments may contain personal information. For more information about how and why we use personal information and who to contact with any queries about this, please see our privacy notices: FCA Privacy Notice (https://www.fca.org.uk/data-protection) and PSR Privacy Notice (https://www.psr.org.uk/cookies-privacy-and-data-protection). This communication and any attachments contain information which is confidential and may be subject to legal privilege. It is for intended recipients only. If you are not the intended recipient you must not copy, distribute, publish, rely on or otherwise use it without our consent. Some of our communications may contain confidential information which it could be a criminal offence for you to disclose or use without authority. If you have received this email in error please notify postmaster@fca.org.ulc immediately and delete the email from your computer. Further information on the classification and handling of FCA information can be found on the FCA website (http://www.fca.org.uk/site-info/legaUfca-classified-information). The FCA (or, if this email originates from the Payment Systems Regulator Limited, the FCA on behalf of the Payment Systems Regulator Limited / the Payment Systems Regulator Limited) reserves the right to monitor all email communications for compliance with legal, regulatory and professional standards. This email is not intended to nor should it be taken to create any legal relations or contractual relationships. This email has originated from the Financial Conduct Authority (FCA), or the Payment Systems Regulator Limited. The Financial Conduct Authority (FCA) is registered as a limited company in England and Wales No. 1920623. Registered office: 12 Endeavour Square, Stratford, London, E20 1JN, United Kingdom The Payment Systems Regulator Limited is registered as a limited company in England and Wales No. 8970864. Registered office: 12 Endeavour Square, Stratford, London, E20 1JN, United Kingdom Switchboard 020 7066 1000 Web Site http://www.fca.org.uk (FCA); http://www.psr.org.uk (the Payment Systems Regulator Limited) EFTA00150861