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Showing 142 to 151 of 171 search results for fines and penalties.
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Fines
Table of fines with links to further information. -
The FCA fines Porta Verde £25,000 for serious failings in its appointed representatives’ sales practices
The FCA fines Porta Verde £25,000 for serious failings in its appointed representatives’ sales practices. ... Porta Verde, which is now entering into voluntary liquidation, provided evidence of financial hardship - the £25,000 penalty reflects Porta -
Tribunal upholds FCA fine on firm for misselling complex investments
Tribunal upholds FCA fine on firm for misselling complex investments. Press Releases First published:. ... We take the view that a penalty of £100,000 or more is a significant amount and would be an effective deterrent to others.". -
FCA fines SEI Investments (Europe) Limited £900,200 for client money breaches
FCA fines SEI Investments (Europe) Limited £900,200 for client money breaches. ... As some of the issues occurred before the FCA’s new penalty regime was introduced in March 2010, the fine was calculated using a combination of the new and old approach. -
The FCA fines Rabobank £105 million for serious LIBOR-related misconduct
The FCA fines Rabobank £105 million for serious LIBOR-related misconduct. Press Releases First published:. ... The £105 million fine is the third highest ever imposed by the FCA or its predecessor, the Financial Services Authority, and the fifth -
Two financial advisers banned and fined after investors lose out
Bentley-Leek and Dervish have been fined £525,000 and £360,000 respectively, substantial fines for individuals which reflect the seriousness of the breaches and the need to deter others. ... The fines would have been £750,000 and £450,000 -
Financial services regulation and enforcement: recent developments and emerging issues
Speech by Tracey McDermott, Director of Enforcement and Financial Crime at the NERA Economic Consulting seminar, London. This is the text of the speech as drafted, which may differ from the delivered version. -
The FCA censures Catalyst Investment Group Limited for misleading investors and fines former compliance officer
he Financial Conduct Authority (FCA) has censured Catalyst Investment Group Limited (Catalyst) for recklessly misleading investors when promoting bonds offered by ARM Asset Backed Securities SA (ARM) between November 2009 and May 2010. -
Clydesdale Bank fined £8.9 million for failing to treat its mortgage customers fairly
The £8.9 million fine was calculated using the penalty regime that the FCA applies to breaches committed from 6 March 2010, which was introduced in part to increase fine levels. ... The fine would have been higher were it not for Clydesdale’s redress -
ICAP Europe Limited fined £14 million for significant failings in relation to LIBOR
This is our fourth penalty in relation to LIBOR and our investigations continue. ... IEL also agreed to settle an action brought by the CFTC, who imposed a financial penalty of $65 million. -
JPMorgan Chase Bank N.A. fined £137,610,000 for serious failings relating to its Chief Investment Office’s “London Whale” trades
Without the discount the fine would have been £196,586,000. This was a significant cross-border investigation, and the FCA would like to thank the U.S. ... penalty of $300 million, and the Federal Reserve, who imposed a financial penalty of $200 million.