FCA penalties bring in £227m as crackdown on misconduct grows

Fine warning

Penalties handed out to 16 firms by the Financial Conduct Authority (FCA) brought in £227.3m during 2018-19.

Figures released by the regulator showed the extent of its interventions in the market.

The FCA launched 484 preliminary market abuse investigations over the period, with 91 enforcement investigations then taking place.

In addition, more than 1,750 whistleblowing allegations were assessed by the FCA in 2018-19.

The regulator revealed a 68% increase in the amount of warnings

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: