Aussie investment firm fined A$20m for misleading trust members
After it took ‘advantage’ of investors ‘whose interests it was duty-bound to protect’
Fine
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£116,000 fine and ban for ‘reckless’ pension switching advice
Nearly 50% of client’s retirement pots invested in a high-risk strategy
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Fee disclosure failures see NAB hit with A$18.5m fine
Misleading statements ’caused harm to customers’ says regulator
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Introducer firm fined £50,000 for pensions cold-calling
It made nearly 97,000 calls despite the practice being made illegal in 2019
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British Steel adviser appeals proposed FCA £1.3m fine and ban
The decision notice will only take effect if Upper Tribunal supports the watchdog’s findings
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Carrick CEO fined over previous role at deVere South Africa
He has been ordered to pay ZAR 800,000
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Hong Kong financial watchdog fines UBS for regulatory breaches
‘Bank failed to act with due skill and care’
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Robinhood fined $70m for ‘systemic failures’
Millions of customers received ‘false or misleading information’, the US regulator said
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Regulatory fines in Malta skyrocketed in 2020
While supervisory inspections increased by 84% in 12 months
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Julius Baer reaches $80m US settlement over Fifa case
Bank ‘pursued the profit it could make laundering corrupt funds’
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Financial services provider fined $4.23m for AML failings
Largest ever anti-money laundering penalty handed down by the Cayman Islands regulator
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£140,000 fine against Standard Chartered Guernsey subsidiary
It was placed in liquidation last year