The total amount of fines so far is £53,354,600. Within that amount, fines imposed under the Competition Act 1998 total £154,300.
| Firm or individual fined | Date | Amount | Reason |
|---|---|---|---|
| Dollar East (International Travel & Money Transfer) Ltd | 30/11/2023 | £3,600 | Infringement decision issued to this firm for breaching the Competition Act 1998. We imposed a financial penalty. |
| Hafiz Bros Travel & Money Transfer Limited | 30/11/2023 | £11,200 | Infringement decision issued to this firm for breaching the Competition Act 1998. We imposed a financial penalty. |
| LCC Trans-Sending Limited | 30/11/2023 | £139,500 | Infringement decision issued to this firm for breaching the Competition Act 1998. We imposed a financial penalty. |
| Equifax Limited | 13/10/2023 | £11,164,400 | This Final Notice relates to the outsourcing of data processing to an intragroup entity which experienced a data breach. The Final Notice refers to risk management failings (PRIN 3) and failings in relation to treating customers fairly and communicating information in a way which is clear, fair and not misleading following a data breach. We imposed a financial penalty. |
| ADM Investor Services International Limited | 02/10/2023 | £6,470,600 | This Final Notice refers to breaches of PRIN 3 of the FCA’s Principles for Business related to serious financial crime control failings in the Wholesale Intermediaries and Brokers sector. We imposed a financial penalty. |
| Andrew John Deeney | 28/09/2023 | £397,400 | This Final Notice refers to breaches of APER 1 related to the provision of unsuitable defined benefit pension transfer advice in the pensions and investments sector. We imposed a financial penalty and prohibition. |
| Bastion Capital London Limited | 13/07/2023 | £2,452,700 | This Final Notice refers to breaches of PRIN 2 and PRIN 3 related to the risk of financial crime in the trading firms sector. We imposed a financial penalty. |
| Paul Steel | 04/07/2023 | £3,694,400 | This Final Notice refers to breaches of APER 1, 2 and 4, and COCON 1 and 3 related to the provision of unsuitable defined benefit pension transfer advice in the pensions sector. We imposed a financial penalty and a prohibition. |
| Mark Antony Abley | 26/06/2023 | £106,100 | This Final Notice refers to breaches of APER 2 related to the provision of unsuitable defined benefit pension transfer advice in the pensions sector. We imposed a financial penalty and a partial prohibition. |
| ED&F Man Capital Markets Ltd | 05/06/2023 | £17,219,300 | This Final Notice refers to breaches of PRIN 2 and PRIN 3 related to wholesale conduct in the trading firm sector. Our view is that a financial penalty should be imposed. |
| Al Rayan Bank PLC | 11/01/2023 | £4,023,600 | This Final Notice refers to breaches of PRIN 3 related to Financial Crime in the Retail Bank sector. We imposed a Financial Penalty. |
| Guaranty Trust Bank (UK) Limited (GT Bank) | 10/01/2023 | £7,671,800 | This Final Notice refers to breaches of PRIN 3 related to the risk of financial crime in the wholesale banking sector. We imposed a financial penalty. |