FCA Fines 2026

This report tracks disclosed FCA monetary penalties in 2026 month by month, with case-level links to regulator evidence. It separates monetary totals from non-monetary enforcement so readers can verify the headline figure and still see the wider supervisory picture.

How much has the FCA fined firms and individuals in 2026?

RegActions records £19,667,815 across 17 disclosed monetary penalties in 2026. The latest included penalty is dated 17 Aug 2026.

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 2026 fines page · Explore the complete FCA fines database · Read the FCA fines 2026 monthly report · Open the 2026 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
January7£4,789,015
February1£237,700
March2£13,331,700
May1£755,000
June4£398,400
July1£99,600
August1£56,400

FCA fines issued in 2026

Firm or individualDateAmountBreachEvidence
Demetrios Christos Hadjigeorgiou17 Aug 2026£56,400PENSIONSOfficial source
Frank Breuer12 May 2026£755,000INVESTMENTOfficial source
Dinosaur Merchant Bank Limited24 Mar 2026£338,000SYSTEMS_CONTROLSOfficial source
John Wood Group PLC3 Mar 2026£12,993,700FRAUDOfficial source
Richard John Howson16 Feb 2026£237,700MARKET_ABUSEOfficial source
Bhavesh Hirani27 Jan 2026£56,000MARKET_ABUSEOfficial source
Dipesh Kerai27 Jan 2026£52,731MARKET_ABUSEOfficial source
Darren Antony Reynolds19 Jan 2026£2,037,892Pensions advice and transfersOfficial source
Darren Anthony Reynolds12 Jan 2026£2,037,892PRINCIPLESOfficial source
Richard Adam7 Jan 2026£232,800MARKET_ABUSEOfficial source
Richard Adam7 Jan 2026£232,800Market abuseOfficial source
Zafar Khan7 Jan 2026£138,900MARKET_ABUSEOfficial source

Core Articles

Evidence Focus

  • Monthly monetary penalties, supervisory action and permission cancellations.
  • Individual accountability and reasonable-steps evidence for senior managers.
  • Market disclosure, pension transfer advice and systems-and-controls themes.
  • Case-level read-across into the live FCA regulator hub and enforcement search.

Board Questions

  • Which 2026 FCA actions match our permissions, customers, products or distribution model?
  • Do our senior managers have current evidence of challenge, escalation and reasonable steps?
  • Are permission, appointed representative, advice and disclosure risks visible in committee reporting?
  • Which 2026 case would be hardest to explain if the same issue appeared in internal audit?

Search, Data and Advisory Paths