Question to the HM Treasury:
To ask Her Majesty’s Government on which occasions the Financial Conduct Authority imposed a financial penalty on a firm or individual since 2007.
Information on the FCA’s enforcement powers and its policy on financial penalties is set out in detail in the enforcement section of their website, and in their Handbook.
We have passed Lord Mendelsohn’s questions on to the FCA, who will reply directly to him by letter. A copy of the letter will be placed in the Library of the House.