FCA issues Barclays CEO with fine for conduct surrounding anonymous letter

Begun investigating in April 2017

Natalie Kenway
clock • 2 min read

The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have proposed Barclays' group CEO Jes Staley should pay a financial penalty for breaching individual conduct rules when he tried to identify the author of an anonymous letter to the bank in 2016.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

FCA challenged to ensure 'functional rather than factual' disclosures in CCI feedback

FCA challenged to ensure 'functional rather than factual' disclosures in CCI feedback

Rules expected to be published in late 2025

Michael Nelson
clock 11 September 2025 • 2 min read
FCA social media crackdown: Three 'finfluencers' make first court appearance

FCA social media crackdown: Three 'finfluencers' make first court appearance

Part of FCA-led global crackdown

Jenna Brown
clock 11 September 2025 • 2 min read
FCA not planning to introduce 'extra' AI regulations

FCA not planning to introduce 'extra' AI regulations

‘We will rely on existing frameworks’

Eve Maddock-Jones
clock 10 September 2025 • 2 min read
Trustpilot