FCA Fines 2022

How much has the FCA fined firms and individuals in 2022?

The FCA has issued 31 monetary penalties totalling £261,908,038 in 2022 (last updated 20 Dec 2022).

Last updated 20 Dec 2022

RegActions records £261,908,038 across 31 disclosed monetary penalties in 2022. The latest included penalty is dated 20 Dec 2022.

The total includes positive monetary penalties with amounts that have passed the RegActions amount-review gate. It excludes non-monetary actions and records whose amounts require review.

Check the FCA's official 2022 fines page · Explore the complete FCA fines database · Read the FCA fines 2022 monthly report · Open the 2022 actions workspace

What counts as an FCA fine?

An FCA fine is a financial penalty imposed by the Financial Conduct Authority and disclosed through an official notice or annual fines page. RegActions keeps monetary penalties separate from prohibitions, cancellations, public censures and other non-monetary enforcement outcomes. This prevents action counts from being mistaken for fine counts and makes the published total easier to audit.

How to verify an FCA penalty

Start with the firm or individual, penalty date and disclosed amount, then open the linked FCA notice. The notice explains the rule breaches, affected period and sanction. RegActions provides the comparison and monthly analysis layer, while the regulator publication remains the authoritative source for the decision.

Monthly breakdown

MonthPenaltiesTotal
February2£18,806,300
March2£9,333,560
May6£2,003,647
June3£14,523,500
July2£39,948,700
August2£12,633,800
October5£2,336,800
November1£76,400
December8£162,245,331

FCA fines issued in 2022

Firm or individualDateAmountBreachEvidence
TSB Bank Plc20 Dec 2022£29,750,000SYSTEMS_CONTROLSOfficial source
Metro Bank Plc12 Dec 2022£10,002,300FRAUDOfficial source
Santander UK Plc8 Dec 2022£107,793,300AMLOfficial source
three broker firms8 Dec 2022£4,775,200Market abuseOfficial source
BGC Brokers LP, GFI Securities Limited and GFI Brokers Limited7 Dec 2022£4,775,200MARKET_ABUSEOfficial source
Diego Urra7 Dec 2022£395,000Market abuseOfficial source
Pembrokeshire Mortgage Centre Limited2 Dec 2022£2,400,000Pensions advice and transfersOfficial source
Pembrokeshire Mortgage Centre Limited1 Dec 2022£2,354,331MIS_SELLINGOfficial source
Mohammad Ataur Rahman Prodhan18 Nov 2022£76,400Financial crime and AMLOfficial source
Gatehouse Bank plc12 Oct 2022£1,584,100AMLOfficial source
Sigma Broking Limited4 Oct 2022£531,600MARKET_ABUSEOfficial source
Matthew Kent4 Oct 2022£83,600MARKET_ABUSEOfficial source
Stephen Tomlin4 Oct 2022£69,600GOVERNANCEOfficial source
Simon Tyson4 Oct 2022£67,900MARKET_ABUSEOfficial source
Citigroup Global Markets Limited19 Aug 2022£12,553,800MARKET_ABUSEOfficial source
Sir Christopher Gent5 Aug 2022£80,000Not categorisedOfficial source
Carillion28 Jul 2022£37,910,000Market abuseOfficial source
Ghana International Bank Plc23 Jun 2022£5,829,900AMLOfficial source
JLT Specialty Limited16 Jun 2022£7,881,700AMLOfficial source
TFS Loans Limited (in administration)9 Jun 2022£811,900CONDUCTOfficial source
Andrew Mark Thomas Page16 May 2022£361,071MIS_SELLINGOfficial source
Bank House Investment Management Limited (in liquidation)16 May 2022£311,639MIS_SELLINGOfficial source
Aiden Henderson16 May 2022£199,939MIS_SELLINGOfficial source
Robert Ward16 May 2022£88,100MIS_SELLINGOfficial source
William Mark Tristan Freer (Tristan Freer)16 May 2022£42,898MIS_SELLINGOfficial source
Five individuals9 May 2022£1,000,000Pensions advice and transfersOfficial source
GAM International29 Mar 2022£9,103,523CONFLICTSOfficial source
Timothy Haywood29 Mar 2022£230,037CONFLICTSOfficial source
Barclays Bank plc28 Feb 2022£783,800AMLOfficial source
Julius Baer International Limited10 Feb 2022£18,022,500GOVERNANCEOfficial source

Frequently asked questions

What is the largest FCA fine in 2022?

The largest FCA fine issued in 2022 and currently recorded by RegActions is £107,793,300, issued to Santander UK Plc on 8 Dec 2022 by the Financial Conduct Authority. This reflects amounts that have passed RegActions' amount-review gate; see the fines table below for the complete, source-linked list.

How much has FCA fined in 2022?

RegActions records £261,908,038 in disclosed Financial Conduct Authority (FCA) monetary penalties in 2022, based on source-linked notices that have passed the amount-review gate. This excludes non-monetary actions such as prohibitions and public censures.

How many FCA penalties were issued in 2022?

RegActions has recorded 31 disclosed Financial Conduct Authority (FCA) monetary penalties in 2022 so far. This counts individual penalty notices, not firms, since some are fined more than once in a year.

How can I verify a FCA fine?

Start with the firm or individual name, the penalty date and the disclosed amount, then open the linked Financial Conduct Authority notice. The notice sets out the rule breaches, the affected period and the sanction. RegActions links every record to its official source; the regulator's own publication remains the authoritative record.

More FCA fines reports