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.

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

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