Value of FCA fines reaches six-year high

Due to four high-value fines

clock • 1 min read
The FCA headquarters

The FCA headquarters

The value of fines issued by the Financial Conduct Authority has increased nearly fourfold to £577m this year, reaching a six-year high, research by law firm RPC shows.

The increase in the value of fines was largely due to four large fines worth well over £50m issued this year, compared to just one fine over £50m issued last year. The largest fine of £265m was imposed...

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