FCA fines / 2018 / Santander UK plc

Santander UK plc FCA fine

RegActions records a disclosed FCA monetary penalty of £32,817,800 dated 19 Dec 2018 for Santander UK plc.

Case facts

Firm or individualSantander UK plc
RegulatorFinancial Conduct Authority (FCA)
Date19 Dec 2018
Penalty£32,817,800
RegActions breach classificationGOVERNANCE
Public case IDe4191669-6545-471b-92e3-f0897efbc9d0

Case summary

This final notice (Santander UK plc) refers to breaches of PRIN 3, PRIN 6 and PRIN 11 related to governance, unfair treatment of customers, failing to act on information appropriately and failing to be open and co-operative in the retail bank sector. We imposed a fine.

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.