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Violation Tracker UK Individual Case

Company: Yorkshire Building Society
Current Parent CompanyYorkshire Building Society
Parent at the Time of the Penalty Announcement: Yorkshire Building Society
Penalty: £4,135,600
Year: 2014
Date: 28 October, 2014
Offence Group: financial offences
Offence Type: mortgage abuses
Violation Description: Yorkshire Building Society paid a £4.1 million fine in settlement of a finding by the FCA that the company treated some mortgage customers in arrears unfairly, with delays in reaching payment solutions that incurred increased fees and interest.
Action Type: agency action
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: mutual
Major Industry of Parent: financial services
Specific Industry of Parent: building society
Source of Data(click here)