Context
The Financial Conduct Authority (FCA) has published a table of fines against firms and individuals during 2022
Key points to note
During 2022:
- The FCA issued 25 fines in 2022, compared to just 10 in 2021, so is perhaps sending a clear message that misconduct will not be tolerated
- The total amount of fines has been £215,834,156
- 16 firms have been fined
- 10 individuals have been fined
Next actions
None – for information and awareness.