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The potential fine could be up to 10 percent of a company's global annual revenue.
The firm's chief executive, Stephen Hester, declined to say when those talks might begin or how big the potential fine could be.
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According to Japanese press reports, potential fines could be just $20,000, but there is a small chance that executives could face jail sentences. .
According to Japanese press reports, potential fines could be just $20,000, but there is a small chance executives could face jail sentences. .
Another fine could be imminent.
The fine could be anywhere between $4bn and $14bn.
Individuals could receive a $1,000 fine, and a business fine could be up to $27,500, the FAA said.
The fines could be larger, though.
It says "potential criminal fines... could be significant".
The potential penalty could be one of the largest fines levied by the Financial Services Authority of Britain.
"Before, potential penalties were merely a fine and could be considered a cost of doing business," says Martin Wheatley, the SFC's boss.
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