Search results

Showing 2351 to 2360 of 2369 search results for This final notice refers to a failure.

2351. Lloyds Banking Group fined £4.3 million for delayed PPI redress payments

      Press Releases Published: 19/02/2013 Last modified: 09/12/2016
      The Financial Services Authority (FSA) has fined three Lloyds Banking Group firms a total of £4,315,000 for failings in their systems and controls that resulted in up to 140,000 customers receiving delayed payment protection insurance (PPI) redress.

2352. Martin Brokers (UK) Limited fined £630,000 for significant failings in relation to LIBOR

      Press Releases Published: 15/05/2014 Last modified: 22/03/2016
      The Final Notice for Martins. ... The remaining contributions were then arithmetically averaged to create the final published LIBOR rate.

2353. FCA fines Sapien Capital Ltd for serious financial crime control failings in relation to cum/ex trading

      Press Releases Published: 06/05/2021 Last modified: 06/05/2021
      We have fined Sapien Capital Ltd £178,000 for failings which led to the risk of facilitating fraudulent trading and money laundering.

2354. FCA fines Towergate and former director Timothy Philip for client and insurer money failings

      Press Releases Published: 13/07/2016 Last modified: 13/07/2016
      This resulted in a £3.6 million deficit in Towergate’s insurer money bank accounts. ... Final notices for Towergate Underwriting Group Limited and Timothy Philip.

2355. AIM Investment Company fined for failing to disclose inside information as soon as possible

      Press Releases Published: 14/12/2017 Last modified: 14/12/2017
      The Financial Conduct Authority (FCA) has today fined Tejoori Limited (Tejoori) £70,000 for failing to inform the market of inside information as required by Article 17(1) of the Market Abuse Regulation (MAR).  This is the first fine the FCA has

2356. FCA fines Swinton Group Limited £7.38 million for mis-selling monthly add-on insurance policies

      Press Releases Published: 16/07/2013 Last modified: 17/09/2013
      The Financial Conduct Authority (FCA) has fined Swinton Group Limited (Swinton), one of the largest insurance retailers on the high street, £7,380,400 for mis-selling. The FCA found that Swinton’s aggressive sales strategy meant that it failed to

2357. FCA fines Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited £8.2m for Client Money and Assets failings

      Press Releases Published: 05/10/2016 Last modified: 03/11/2016
      The Financial Conduct Authority (FCA) has today fined Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited (together Aviva) £8,246,800 for failings in its oversight of its outsourced providers in relation to the protection of client assets.

2358. Credit Suisse fined £147,190,276 (US$200,664,504) and undertakes to the FCA to forgive US$200 million of Mozambican debt

      Press Releases Published: 19/10/2021 Last modified: 22/10/2021
      The Financial Conduct Authority has fined Credit Suisse over £147 million for serious financial crime due diligence failings related to loans worth over US$1.3 billion, which the bank arranged for the Republic of Mozambique. These loans and a bond

2359. The FCA censures Catalyst Investment Group Limited for misleading investors and fines former compliance officer

      Press Releases Published: 03/10/2013 Last modified: 07/02/2022
      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.

2360. Royal Bank of Scotland fined £5.6m for failing to properly report over a third of transactions

      Press Releases Published: 24/07/2013 Last modified: 17/09/2013
      The Royal Bank of Scotland (RBS) has been fined £5,620,300 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions they made in wholesale markets, and in some instances, failing to report transactions at all.