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Showing 32 to 41 of 728 search results for FCA fines and prohibits.

32. Fines

    Table of fines with links to further information.

33. FCA and PRA jointly fine Mr James Staley £642,430 and announce special requirements regarding whistleblowing systems and controls at Barclays

    Press Releases Published: 11/05/2018 Last modified: 11/05/2018
    The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have together fined Mr James Staley, Chief Executive of Barclays Group (Barclays), a total of £642,430. Mr Staley failed to act with due skill, care and diligence

34. FCA fines and imposes a restriction on Canara Bank for anti-money laundering systems failings

    Press Releases Published: 06/06/2018 Last modified: 06/06/2018
    The Financial Conduct Authority (FCA) has fined Canara Bank £896,100 and has imposed a restriction, preventing it from accepting deposits from new customers for 147 days.

35. FCA fines Lloyds Bank, Bank of Scotland and The Mortgage Business £64,046,800 for failures in mortgage arrears handling

    Press Releases Published: 11/06/2020 Last modified: 11/06/2020
    The FCA has fined Lloyds Bank, Bank of Scotland and The Mortgage Business £64,046,800 for failures in mortgage arrears handling. The banks estimate they will have paid £300 million in customer redress. The redress programme is nearly complete.

36. FCA bans two individuals for lack of integrity

    Press Releases Published: 09/06/2016 Last modified: 09/06/2016
    While further investigations continue, the FCA considers it necessary to prohibit them to help protect consumers.”. ... He also misled the FCA in a compelled interview. The FCA cannot fine either individual because they were not approved persons at the

37. FCA fines financial advice firm and bans Arthur Cobill and William Hofstetter for British Steel Pension Scheme advice and oversight failings

    Press Releases Published: 11/03/2024 Last modified: 11/03/2024
    The FCA has fined Inspirational Financial Management Ltd (IFM), which is in administration, £897,840.

38. FCA fines EFG Private Bank £4.2m for failures in its anti-money laundering controls

    Press Releases Published: 24/04/2013 Last modified: 29/11/2021
    The Financial Conduct Authority (FCA) has fined EFG Private Bank Ltd (EFG) £4.2 million for failing to take reasonable care to establish and maintain effective anti-money laundering (AML) controls for high risk customers. The failings were serious

39. Former chief executive of stockbroker firm fined £450,000 and banned

    Press Releases Published: 13/03/2015 Last modified: 13/03/2015
    Georgina Philippou, acting director of enforcement and market oversight at the FCA, said:. ... The FCA would have fined him £175,000 had it not been for the serious financial hardship the fine would have caused him and would have fined Gracechurch £1.5

40. Updated: Upper Tribunal releases its judgment on action against Timothy Roberts and Andrew Wilkins

    Press Releases Published: 18/09/2015 Last modified: 09/12/2016
    The Tribunal decided to impose a fine of £450,000 and to prohibit Mr Roberts from performing any role in regulated financial services. ... In August 2013 the FCA decided to fine Mr Roberts £450,000 and impose a full prohibition on him, and to fine Mr

41. FCA issues its first decision under competition law

    Press Releases Published: 21/02/2019 Last modified: 21/02/2019
    The Financial Conduct Authority (FCA) has today issued a decision which finds that 3 asset management firms breached competition law. This is the FCA’s first formal decision under its competition enforcement powers.

42. Consumer investments data review 2020

    Data Published: 18/01/2021 Last modified: 13/06/2023
    A summary of the FCA's work to tackle consumer harm in the investment market, between 1 January and 31 October 2020.