RegActions records a disclosed FCA monetary penalty of £18,022,500 dated 10 Feb 2022 for Julius Baer International Limited.
Case facts
| Firm or individual | Julius Baer International Limited |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 10 Feb 2022 |
| Penalty | £18,022,500 |
| RegActions breach classification | GOVERNANCE |
| Public case ID | 9eee2236-15eb-4aad-a7d0-a47b5cae674e |
Case summary
This Final Notice refers to breaches of PRIN 1, PRIN 3 and PRIN 11 related to failing to act with integrity, governance and failing to be open and co-operative in the in the Wealth Management and Private Banking sector. We imposed a financial penalty.
Official evidence
This page meets the public case-page evidence threshold.
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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.