News
Search results
Showing 112 to 121 of 169 search results for fines and penalties.
-
Fines
Table of fines with links to further information. -
FCA fines The Bank of New York Mellon London branch and The Bank of New York Mellon International Limited £126 million for failure to comply with the Custody Rules
FCA fines The Bank of New York Mellon London branch and The Bank of New York Mellon International Limited £126 million for failure to comply with the Custody Rules. ... Were it not for this discount, the financial penalty would have been £180 million. -
Clydesdale Bank fined £20,678,300 for serious failings in PPI complaint handling
This is the largest ever fine imposed by the FCA for failings relating to PPI. ... The fact that Clydesdale misled the Financial Ombudsman by providing false information about the information it held is particularly serious and this is reflected in the -
Kenneth Carver fined £35,212 for insider dealing
Carver’s fine level has been reduced due to his significant cooperation with the FCA investigation.”. ... Had it not been for this, the Authority would have imposed a financial penalty of £122,212. -
FCA bans and fines two individuals for pension advice failings
Lloyd Pope and Peter Legerton, former directors of advisory firm TailorMade Independent Ltd (TMI) (firm now dissolved), have been banned from senior positions in financial services by the Financial Conduct Authority (FCA). -
Tribunal partly upholds the Financial Conduct Authority’s decision to fine Tariq Carrimjee for assisting a client to commit market abuse
Tribunal partly upholds the Financial Conduct Authority’s decision to fine Tariq Carrimjee for assisting a client to commit market abuse. ... The Tribunal upheld the FCA’s decision to impose a penalty of £89,004 and found that Carrimjee’s failings -
FCA fines Aviva Investors £17.6m for systems and controls failings that led to its failure to manage conflicts of interest fairly
FCA fines Aviva Investors £17.6m for systems and controls failings that led to its failure to manage conflicts of interest fairly. ... Were it not for this discount, the FCA would have imposed a financial penalty of £25,152,900 on Aviva Investors. -
Two former senior executives of Martin Brokers fined and banned for compliance failings related to LIBOR
Without the discount, the fines would have been £300,000 and £150,000 respectively. ... Martins would have been fined £3.600.000 but for the fact that the firm was able to show that it could not pay a penalty of this amount in addition -
FCA fines Reckitt Benckiser £539,800 for listing rule failures
FCA fines Reckitt Benckiser £539,800 for listing rule failures. Press Releases First published:. ... Code. RB agreed to settle at an early stage of the investigation qualifying for a 30% discount, without which the FCA would have imposed a financial -
Tribunal upholds the Financial Conduct Authority’s decision to censure Arch Financial Products and to fine and ban two of its partners
The Upper Tribunal (Tribunal) has upheld the decision of the Financial Conduct Authority (FCA) to issue a public censure against Arch Financial Products LLP (Arch), and to prohibit Robin Farrell, its chief executive, and Robert Addison, a senior -
FCA Enforcement and the Wholesale Markets
Speech by Tracey McDermott, Director of Enforcement and Financial Crime at the Financial Conduct Authority (FCA), delivered at the 13th Annual FX Week Europe, London. This is the text of the speech as drafted, which may differ from the delivered