FCA fines / 2016 / Shay Jacob Reches (additional penalty)

Shay Jacob Reches (additional penalty) FCA fine

RegActions records a disclosed FCA monetary penalty of £13,130,000 dated 1 Feb 2016 for Shay Jacob Reches (additional penalty).

Case facts

Firm or individualShay Jacob Reches (additional penalty)
RegulatorFinancial Conduct Authority (FCA)
Date1 Feb 2016
Penalty£13,130,000
RegActions breach classificationMARKET_ABUSE
Public case ID201a68f0-bb68-4791-970f-855c7fba4b08

Case summary

For breaching section 63A of the Financial Services and Markets Act 2000 and FIT

Official evidence

Open the official FCA source

This page meets the public case-page evidence threshold.

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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.