RegActions records a disclosed FCA monetary penalty of £1,976,000 dated 27 Feb 2018 for Vanquis Bank Limited.
Case facts
| Firm or individual | Vanquis Bank Limited |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 27 Feb 2018 |
| Penalty | £1,976,000 |
| RegActions breach classification | CONDUCT |
| Public case ID | bed83104-4fad-489f-859e-1ae3544196a1 |
Case summary
This final notice refers to breaches of PRIN 6 and PRIN 7 related to unfair treatment of customers in the consumer credit sector. We imposed a fine and restitution.
Official evidence
This page meets the public case-page evidence threshold.
Continue your research
- Search the complete FCA fines database
- View FCA actions from 2018
- Compare enforcement actions in 2018
- 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.