Transaction Reporting Failure

Financial penalty pursuant to section 63A(1) of the Act

For breaching Statements of Principle 4 and 6 of the FCA's Statements of Principle and Code of Practice for Approved Persons.

For breaching Statement of Principle 1 and Principle 7 of the Authority's Statements of Principle and Code of Practice for Approved Persons.

For failing to take reasonable care to organise and control its affairs responsibly and effectively with adequate risk management systems in relation to G10 ...

For failing to ensure financial promotions for the Cliquet Product distributed by YBS, were clear, fair and not misleading.

For failings relating to anti-money laundering policies and procedures for corporate customers connected to politically exposed persons.

For failing to ensure it gave suitable investment advice to its customers.

For systems and controls failings relating to its provision of retail investment advice and portfolio investment services.

For failing to handle payment protection insurance (PPI) complaints fairly.