2017 fines

This table contains information about fines published during the calendar year ending 2017. The total amount of fines so far is £163,305,322.

Firm or individual fined Date Amount Reasoning
David Samuel Watters 14/07/2017 £75,000 For breaches of APER 6 related to a lack of fitness/propriety in the pensions sector.
Lukhvir Thind 07/04/2017 £105,000 For breaches of s.118(7) Financial Services and Markets Act 2000 and FIT related to market abuse, a lack of fitness/propriety and client money/assets in the trading firm sector.
Niall O’Kelly 07/04/2017 £11,900 For breaches of s.118(7) Financial Services and Markets Act 2000 and FIT related to market abuse, a lack of fitness/propriety and client money/assets in the trading firm sector.
Christopher Niehaus 30/3/2017 £37,198 For breaches of APER 2 related to wholesale conduct in investment banking sector.
Deutsche Bank AG 31/1/2017 £163,076,224 For breaches of PRIN 3 and SYSC related to culture/governance and financial crime in the investment bank sector.