FCA fines insurer Porta Verde £25,000 for appointed rep failings
- Friday, 13 December 2013
- Articles
Porta Verde Financial Services has been fined £25,000 by the FCA after two of its appointed representatives mis-sold insurance, often to elderly and vulnerable customers.
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FCA hits Lloyds Bank with largest ever retail fine of £28m
- Wednesday, 11 December 2013
- Articles
The FCA has fined Lloyds TSB Bank plc and Bank of Scotland plc, both part of Lloyds Banking Group, £28,038,844 for "serious failings" in their controls over sales incentive schemes.
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FCA fines SEI Investments (Europe) £900k for client money breaches
- Tuesday, 26 November 2013
- Articles
The Financial Conduct Authority has fined SEI Investments (Europe) Limited £900,200 for failings in relation to its protection of client money.
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FCA halts suspected London-based 'boiler room' wealth operation
- Tuesday, 19 November 2013
- Articles
A suspected boiler room operation has had an unlimited worldwide asset freezing order placed on it by the FCA after a High Court judge agreed that First Capital Wealth Limited posed a serious risk to consumers.
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