RegActions records a disclosed FCA monetary penalty of £2,632,000 dated 13 Jul 2016 for Towergate Underwriting Group Limited.
Case facts
| Firm or individual | Towergate Underwriting Group Limited |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 13 Jul 2016 |
| Penalty | £2,632,000 |
| RegActions breach classification | CLIENT_MONEY |
| Public case ID | 1ec5c390-0169-4fb7-abbb-254104681a3f |
Case summary
For breaches of PRIN 3, PRIN 10 and CASS related to client money/assets in the general insurance and protection sector.
Official evidence
This page meets the public case-page evidence threshold.
Continue your research
- Search the complete FCA fines database
- View FCA actions from 2016
- Compare enforcement actions in 2016
- Read the enforcement data methodology
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.