Basic Search  |  Summaries  |  Advanced Search

Violation Tracker UK Individual Case

Company: UBS AG
Current Parent CompanyUBS
Parent at the Time of the Penalty Announcement: UBS
Penalty: £27,599,400
Year: 2019
Date: 18 March, 2019
Offence Group: financial offences
Offence Type: investor protection violation
Violation Description: UBS paid a £27.6 million fine in settlement of a finding by the FCA that the company failed to have reasonable systems in place to follow transaction reporting requirements thus failing to submit approximately 3.65 million transaction reports and failing to accurately report approximately 83 million transactions.
Action Type: agency action
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
HQ Country of Parent: Switzerland
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: banking & securities
Source of Data(click here)