Basic Search  |  Summaries  |  Advanced SearchPenalty: £10,000,000
Year: 2024
Date: 25 November, 2024
Offence Group: financial offences
Offence Type: investor protection violation
Violation Description: The FCA fined Barclays and Barclays Bank £40 million in total for their failure to disclose certain arrangements with Qatari entities in 2008, including the payment of £322 million for "advisory services". The Barclays bankers involved were found not guilty of fraud in 2020.
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)