FCA fines / 2019 / R.Raphael & Sons plc

R.Raphael & Sons plc FCA fine

RegActions records a disclosed FCA monetary penalty of £775,100 dated 30 May 2019 for R.Raphael & Sons plc.

Case facts

Firm or individualR.Raphael & Sons plc
RegulatorFinancial Conduct Authority (FCA)
Date30 May 2019
Penalty£775,100
RegActions breach classificationSYSTEMS_CONTROLS
Public case ID65c34565-977f-4fde-aa78-64f1baeb55d9

Case summary

This final notice refers to breaches of PRIN 2, PRIN 3, SYSC 8 relating to culture/governance 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.