FCA fines Barclays £40 million

News Financial services Sanctions & Fines

Date: 25th Nov, 2024 Source: Financial Conduct Authority Country: United Kingdom Original Source

Brief

"On November 25, 2024, the Financial Conduct Authority issued an update regarding FCA fines Barclays £40 million. This follows Barclays' decision to withdraw its referral of the FCA's planned action to the Upper Tribunal, allowing the regulator to impose a total fine of £40 million for its failure to disclose certain arrangements with Qatari entities in 2008."

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Financial Conduct Authority

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FCA fines Barclays £40 million

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FCA fines Barclays £40 million

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