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Violation Tracker UK Individual Case

Company: Barclays
Current Parent CompanyBarclays
Parent at the Time of the Penalty Announcement: Barclays
Penalty: £8,400,000
Year: 2022
Date: 1 December, 2022
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: The Payment Systems Regulator fined Barclays for failing to comply with the Interchange Fee Regulation (IFR) because it did not provide retailers with full information about the costs of card services it supplied. 
Action Type: agency action
Agency: Payment Systems Regulator
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: banking
Source of Data(click here)