Financial Services: Fines
(asked on 25th April 2017) - View Source
Question to the HM Treasury:
To ask Her Majesty’s Government in how many instances since 2007 the Financial Conduct Authority has increased a financial penalty as a result of a firm failing to take the disciplinary action required by the Authority.
This question was answered on 27th April 2017
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.