FCA and PRA fines – firms can no longer ignore them

Firms should now have their 2022 compliance plans in place. Information sources that often influence those plans include regulator consultation papers and ‘Dear Chief Executive’ letters as examples. However, one of the most useful sources is often overlooked; analysis of the previous year’s fines issued by regulators. Fines in 2021 were up three-fold on 2020 […]