RegActions records a disclosed FCA monetary penalty of £215,500 dated 19 Jun 2024 for Kulvir Virk.
Case facts
| Firm or individual | Kulvir Virk |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 19 Jun 2024 |
| Penalty | £215,500 |
| RegActions breach classification | PENSIONS |
| Public case ID | 21b7fe95-dc2d-4020-b8e7-220e77e9a12a |
Case summary
This Final Notice refers to breaches of PRIN 1 and PRIN 6 related to a failure to act with integrity and a failure to exercise due care, skill and diligence in the pensions sector. We imposed a financial penalty and a prohibition order.
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.