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Violation Tracker UK Individual Case

Company: J.P. Morgan International Bank Limited
Current Parent CompanyJPMorgan Chase
Penalty: £3,076,200
Year: 2013
Date: 10 May, 2013
Offence Group: financial offences
Offence Type: investor protection violation
Violation Description: J.P. Morgan paid a £3 million fine in settlement of a finding by the FCA that the company did not keep accurate records of investment client information, which could result in clients being given unsuitable advice for their situation, experience or tolerance of risk.
Action Type: agency action
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
HQ Country of Parent: United States
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: banking & securities
Source of Data(click here)