Basic Search  |  Summaries  |  Advanced SearchPenalty: £642,400
Year: 2021
Date: 12 November, 2021
Offence Group: financial offences
Offence Type: anti-money-laundering deficiencies
Violation Description: Sunrise Brokers agreed to pay a £642,400 fine in settlement of a finding by the FCA that the company had deficient systems and controls to identify and mitigate the risk of facilitating fraudulent trading and money laundering in relation to business introduced by the Solo Group.
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: brokerage and financial technology
Source of Data: (click here)