Violation Tracker UK Individual Case

Company: Yorkshire Building Society
Current Parent Company: Yorkshire Building Society
Penalty: £1,429,000
Year: 2014
Date: 16 June, 2014
Offence Group: financial offences
Offence Type: investor protection violation
Violation Description: Yorkshire Building Society paid a £1.4 million fine in settlement of a finding by the FCA that the company mis-sold an investment product with a lack of clarity in its returns and risks to unsophisticated investors.
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)