RegActions records a disclosed FCA monetary penalty of £9,245,900 dated 20 Mar 2025 for The London Metal Exchange (RIE).
Case facts
| Firm or individual | The London Metal Exchange (RIE) |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 20 Mar 2025 |
| Penalty | £9,245,900 |
| RegActions breach classification | INVESTMENT |
| Public case ID | fb980be0-0d75-47b9-afa7-6768dbb29434 |
Case summary
This Final Notice refers to breaches of REC 2.5.1 paragraph 3(1) and 3(2)(h) and Article 18(3)(a) and (4) of MiFID RTS 7, relating to wholesale conduct in the Recognised Investment Exchanges sector. We imposed a financial penalty of £9.2 million which included a 30% early settlement discount.
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.