FCA fines / 2019 / Bank of Scotland plc

Bank of Scotland plc FCA fine

RegActions records a disclosed FCA monetary penalty of £45,500,000 dated 21 Jun 2019 for Bank of Scotland plc.

Case facts

Firm or individualBank of Scotland plc
RegulatorFinancial Conduct Authority (FCA)
Date21 Jun 2019
Penalty£45,500,000
RegActions breach classificationREPORTING
Public case IDf63b6a5c-04d6-4545-af7c-93598316dd12

Case summary

This final notice refers to breaches of PRIN 11 and SUP, relating to failing to be open and cooperative in the retail banking 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.