2022 fines

This page contains information about fines published during the calendar year ending 2022. The total amount of fines so far is £24,640,860‬.

Firm or individual fined Date Amount Reason
Ghana International Bank Plc 23/06/2022 £5,829,900 This Decision Notice refers to breaches of the Money Laundering Regulations 2007 related to financial crime in the Corporate Banks sector. We imposed a financial penalty.
JLT Specialty Limited 16/06/2022 £7,881,700 This Final Notice refers to breaches of PRIN 3 related to anti-bribery and corruption and financial crime in the general insurance and protection sector. We imposed a financial penalty.
TFS Loans Limited (in administration) 09/06/2022 £811,900 This Final Notice refers to breaches of the Principle 6 and 3 and CONC related to the unfair treatment of customers acting as guarantors in the consumer credit sector. A financial penalty has been imposed.
Timothy Haywood 29/03/2022 £230,037 The Final Notice refers to breaches of APER 2 and 7 related to the management of conflicts of interest in the asset management sector. We imposed a financial penalty.
GAM International 29/03/2022 £9,103,523 The Final Notice refers to breaches of PRIN 2 and 8 related to the management of conflicts of interest in the asset management sector. We imposed a financial penalty.
Barclays Bank plc 28/02/2022 £783,800 This Final Notice refers to breaches of PRIN 2 related to financial crime in the corporate banking sector. We imposed a financial penalty.