FCA fines / 2014 / JPMorgan Chase Bank

JPMorgan Chase Bank FCA fine

RegActions records a disclosed FCA monetary penalty of £222,166,000 dated 11 Nov 2014 for JPMorgan Chase Bank.

Case facts

Firm or individualJPMorgan Chase Bank
RegulatorFinancial Conduct Authority (FCA)
Date11 Nov 2014
Penalty£222,166,000
RegActions breach classificationSYSTEMS_CONTROLS
Public case ID5d7c845d-7869-477d-a20c-85ed3ea80b1b

Case summary

For failing to take reasonable care to organise and control its affairs responsibly and effectively with adequate risk management systems in relation to G10 spot FX voice trading in London.

Official evidence

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Scope

This page describes one source-linked monetary record. RegActions excludes non-monetary outcomes and amounts awaiting review from FCA fine totals. The FCA publication remains the authoritative source.