Basic Search  |  Summaries  |  Advanced Search

Violation Tracker UK Individual Case

Company: Threadneedle Asset Management Limited
Penalty: £6,038,504
Year: 2015
Date: 10 December, 2015
Offence Group: financial offences
Offence Type: investor protection violation
Violation Description: TAML paid a £6 million fine in settlement of finding by the FCA that the company failed to have adequate controls on its trading desks to mitigate risks to its funds from traders, and did not accurately describe the trading processes in place to the Authority.
Action Type: agency action
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
Source of Data(click here)