Basic Search  |  Summaries  |  Advanced SearchPenalty: £26,056,400
Year: 2020
Date: 15 December, 2020
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: Barclays paid a £26 million fine in settlement of a finding by the FCA that the company breached consumer credit regulations by failing to show forbearance and due consideration to business and retail loan customers in arrears or financial difficulties, affecting at least 1.5 million customers over several years.
Action Type: agency action
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
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)