FCA fines Lloyds Bank insurance arm nearly £91m

 

The Financial Conduct Authority has today fined Lloyds Banking Group’s general insurance arm nearly £91m for false promises on renewal premiums over an eight year period.

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FCA fines claims management company £110,000

 

The FCA has fined claims management company Crosfill & Archer Claims Limited £110,000 for making cold calls.

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FCA fines Charles Schwab UK £8.96m

The Financial Conduct Authority has fined investment platform Charles Schwab UK Ltd (CSUK) £8.96m for a series of safeguarding and compliance failures.

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FCA fines and bans hedge fund CIO

The Financial Conduct Authority has fined hedge fund chief investment officer Corrado Abbattista £100,000 for market abuse and banned him indefinitely from performing any regulated activity functions.

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